Scottish Widows Bank strengthens E-Cash ISA rate

Scottish Widows Bank has further improved their new E-Cash ISA savings account. From 3 November an increased bonus of 1.50% will be available on the E-Cash ISA for 12 months, giving an initial AER of 6.00% tax free, variable. This rate is available for new cash deposits and for those who wish to transfer in from another provider.

With a rate that competes with the best the market has to offer, the E-Cash ISA is an attractive proposition. As well as a very competitive rate, customers can benefit from a range of features including easy access to their savings through internet banking. Managing this account online allows quick and easy transactions.

Mandy Webster, Marketing Manager at Scottish Widows Bank commented: "We are delighted to improve an already competitive account. Along with the very competitive interest rate, customers can benefit from easy online access to savings and peace of mind that their savings are held in a tax free account."