Santander launches best buy fixed rate ISA

This week Santander has launched a new best buy Fixed Rate ISA paying 3.50 per cent tax free.  The new account is fixed for two years and is available for both new and existing ISA savings.  So anyone looking to transfer previous year ISA savings can do so and receive a highly competitive return.

Reza Attar-Zadeh, Director of Savings and Investments, at Santander said: "A fixed rate ISA is ideal for savers who wish to benefit from a guaranteed tax free return.  This ISA allows savers to subscribe their current tax year ISA allowance as well as transfer in money they may have saved in ISAs in previous tax years.  Anyone looking to take advantage should visit their local branch."