Britannia launches new ISA

Britannia has launched a new one-year fixed rate ISA paying 6.30% Tax Free /AER fixed to 30th September 2009.

Available from Friday 18 July, the new ISA can be opened with a minimum investment of £3600.

Tim Franklin, Managing Director of Britannia, said: "The new ISA is available to new and existing savers looking to take advantage of their tax free allowance. The great rate means that savers are getting a good return on their investment, plus the peace of mind that their money is in safe hands with Britain's second largest building society."

Last year, research by Britannia revealed that 48% of adults in the UK have never had an ISA and are missing out on tax free savings. What's more, of those who don't have an ISA, 30% don't even know what one is.

Customers requiring more information about Britannia's new fixed rate ISA, can visit one of the Society's 254 branches throughout the country, or visit britannia.co.uk.