Paragon Bank launches new ISA range
Paragon Bank is launching a range of ISA products, including new two- and three- year fixed rates.
The new accounts will be available from Friday, 29 July and will accept transfers of previous year subscriptions.
The Easy Access ISA has a rate of 1.00%, with a minimum balance of £1. The two year fixed rate account at 1.50% and the three year fixed rate account at 1.70%, both have a minimum balance of £500 and are expected to feature within Best Buy tables.
Richard Doe, Managing Director at Paragon Bank, said:
“We are pleased to launch our new ISA range to market. The new products form part of our commitment to provide consistently competitive savings products to suit a variety of customers and their needs.
“After a period of limiting our market leading Fixed Rate ISA rates to existing customers only, we are now ready to offer our products to people looking to make the most of their ISA savings. We hope that our consistently competitive rates combined with great service will make our ISA products as successful as the rest of our range.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
The Mortgage Works launches sub-3% buy-to-let rates
Tax
HMRC rule change set to impact millions of landlords and sole traders
HSBC
HSBC launches over two dozen sub-4% mortgage rates
April Mortgages
April Mortgages launches 7x loan-to-income lending
Bank Of England
Bank of England cuts interest rates by 0.25%Â in three-way vote
Pension
Government announces plans to consolidate small pension pots
