Santander fixed rate postal ISAs paying up to 3.70%

Santander has launched its latest range Fixed Rate Postal ISAs paying 3.70 per cent tax free for the two year ISA or up to 3.00 per cent tax free for the one year ISA.  The accounts are available for both new and existing ISA savings.

Savers can deposit their current tax year cash ISA allowance as well as transfer in previous year ISA savings and receive a highly competitive return.

These are limited offers that may change or be withdrawn at any time, so savers are encouraged to take advantage early in order to avoid disappointment.  Both accounts are available to open in any Santander branch as well as over the telephone by calling 0800 234 6065.

Reza Attar-Zadeh, Director of Savings and Investments, at Santander said: "We're pleased to continue offering these competitive cash ISAs, which are ideal for savers who wish to know exactly what return they will receive from the outset.  Both accounts allow savers to transfer in money held in ISAs from previous tax years so that they can keep all their ISA money in one place and earn a competitive return"

For savers looking for variable rate cash ISAs, Santander continues to offer its market leading Flexible ISA (Issue 3) paying 3.30 per cent for new ISA subscriptions. The account guarantees to pay at least 2.80 per cent above the Bank of England base rate for the first 12 months and the rate will not fall below the minimum rate of 3.30 per cent for the first 12 month period, so you're guaranteed a competitive return.  The account allows penalty free access for withdrawals alongside a competitive return designed to encourage more people to save tax-free.