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Abbey's super ISA continues to offer 10 per cent

21st April 2008 Print
From today Abbey's Super ISA stands alone as the only ISA product in the market offering 10 per cent, if customers put an equal amount or more into any Abbey investment product. Minimum investment is £1 into the Super ISA, and £1500 into an Abbey investment product.

Super ISA

10 per cent AER fixed for one year
Customers can get access to the whole of their balance should they need it and without penalty
Allows transfers in and out

Abbey's investment range

Multi-Manager Range: Santander Multi-Manager Balanced Fund, Santander Multi-Manager Cautious Fund, Santander Multi-Manager Equity Fund

Premium Investments: Abbey's elite investment service designed for those with £80k or more to invest. Investments are into an individual portfolio of investment funds.

Capital Guaranteed Range: Abbey Guaranteed Capital Plus, Abbey Guaranteed Growth Plan (Issue 14)

Reza Attar-Zadeh, Head of Savings and Investments at Abbey, said: "This is a tax efficient way to build a diversified portfolio to save for the future. Since markets have fallen, the product combination of the top paying cash ISA rate offering instant access with an appropriate investment is compelling."

Recent Abbey research has also shown the benefit of investing early in the tax year. A saver who delays depositing the maximum £3,600 into the Super ISA from 6 April 2008 to 5 April 2009 could miss out on interest of £360.00. With 12 million Cash ISA savers in the UK, the potential lost interest could amount to £4.3 billion.

Customers can apply for an Abbey ISA account by visiting abbey.com.