Santander launches Fixed Rate ISA range paying up to 3.70%

This week Santander has launched its latest Fixed Rate ISA range 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.

Reza Attar-Zadeh, Director of Savings and Investments, at Santander said: "We're pleased to continue offering these competitive cash ISA rates, with our 2 year rate being one of the best on the market.  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.