Santander launches Flexible ISA Issue 4

On Monday 15 August, Santander will launch Flexible ISA issue 4. For the first 12 months the account will pay a very competitive minimum guaranteed rate of 2.81 per cent AER, tracking at 2.31 per cent above the Bank of England base rate.

Flexible ISA Issue 4, which is replacing Issue 3, not only offers peace of mind through a minimum rate guaranteed, it also allows easy access to the money without notice or penalty.  The account is designed to encourage people to save tax-free and make the most of their annual cash ISA allowance.

Reza Attar-Zadeh, Director of Savings and Investments said: "Flexible ISA offers savers the best of both worlds for the first 12 months; a rate that tracks changes in the Bank of England base rate as well as a guaranteed minimum return for additional peace of mind.  Added to that is easy access, so savers can get their money when they need it.  All in all, a great combination of benefits for a cash ISA with a competitive tax free return."

Flexible ISA Issue 4 is available for new ISA subscriptions and does not allow transfers-in of existing ISA money.  Santander offers competitive Fixed Rate ISAs and a Direct ISA Issue 7 for customers wishing to transfer in their existing ISA money.

For more information, visit santander.co.uk.