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Latest fixed rate ISA range from Santander pays up to 3.50%

3rd January 2012 Print

On 3 January 2012, Santander is kicking off the New Year with the launch of its latest range of Fixed Rate Postal ISAs paying up to 3.50 per cent 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 years' cash ISA savings, making the accounts attractive for both new and existing ISA savers.

Matt Hall, Head of Savings, at Santander said: "The New Year is a great time for savers to get their money matters in order and ensure they secure their tax free savings. For those keen to make the most of their money, our fixed rate ISAs continue to prove popular with savers looking to lock in their cash, offering the certainty of return with the advantage of earning the interest tax free. 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 guaranteed return."

For savers looking for variable rate cash ISAs, Santander continues to offer its competitive Flexible ISA. The account has a minimum rate guarantee and allows easy access to money without notice or penalty, helping people save tax-free and make the most of their annual cash ISA allowance.

These are limited offers that may change or be withdrawn at any time, so savers are encouraged to take advantage early in order to avoid disappointment.