ISA interest compared - £5760 vs £15,000 - food for thought
| Provider | Interest Rate AER | Term | Transfer in permitted | Minimum Balance | Annual interest on £5760 for a full year | Annual Interest you could earn on £15,000 at this rate (GUIDE ONLY) |
|---|---|---|---|---|---|---|
| Santander - Direct ISA Saver 6 | 1.60% | Instant Access | Yes | £500 | £92.16 | £240.00 |
| Metro Bank | 1.75% | 1 year fixed rate | Yes | £1 | £100.80 | £262.50 |
| Halifax | 2.00% | 18 month fixed rate | Yes | £500 | £115.20 | £300.00 |
| Nationwide Building Society | 2.05% | 2 year fixed rate | Yes | £1 | £118.08 | £307.50 |
| Halifax | 2.05% | 2 year fixed rate | Yes | £500 | £118.08 | £307.50 |
| Coventry Building Society | 2.75% | 3.5 year fixed rate (to 30.11.2017) | No | £5760 | £158.40 | £412.50 |
| Halifax | 2.40% | 4 year fixed rate | Yes | £500 | £138.24 | £360.00 |
| Skipton Building Society | 3.00% | 5 year fixed rate | Yes | £500 | £172.80 | £450.00 |
| Research by Moneycomms updated 02.04.2014 - interest on £15,000 is a guide only and not currently available | ||||||
Latest posts by Andrew (see all)
- The Best Credit Cards for Balance Transfers - August 25, 2021
- More positive news for savers as rates continue to improve - August 23, 2021
- 5 things you should know about car finance - August 22, 2021
Leave a Reply