Paragon Bank is back with a new Limited Edition Easy Access cash ISA, offering 1.05% AER* on deposits from as little as £1. Available from today, this new account is set to brighten up the best buys with a market leading rate and will accept transfers of prior year subscriptions up to £100,000.
Free from withdrawal restrictions or penalties, the Limited Edition Easy Access cash ISA is ideal for customers who need flexibility to dip in and out of their savings at short notice. In common with Paragon Bank’s other savings accounts, the Limited Edition Easy Access cash ISA is available online with the option of interest payable annually or monthly. Apply now.
The new Limited Edition Easy Access cash ISA follows the launch of a new Three Year cash ISA paying 1.30% AER* issued last week. For non-ISA savers, it is accompanied by the relaunch of a standard Five Year Fixed Rate Account paying 2.05% AER*.
Richard Doe, Paragon Bank Managing Director said:
Paragon Bank launched its first ISA products in summer 2016 and it’s great to be extending that range with another market-leading ISA. Our range now provides some of the best products available for customers looking to find a new home for their ISAs ahead of the new tax year.
After a rash of rate cuts across the market in recent months, it’s a good time for ISA savers to take stock, see what’s available and switch their money for better value.
Paragon Bank’s savings products are available online only and eligible deposits are protected by the Financial Services Compensation Scheme up to a maximum of £85,000.
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded on an annual basis