Clydesdale and Yorkshire Banks launch new Fixed Rate Cash ISA

1st July 2014

Clydesdale and Yorkshire Banks have today (Tuesday 1st July 2014) launched a new, competitive fixed rate cash ISA. The 40 month bond, which has a maturity date of 31st October 2017, has a rate of 2.45% Gross.

Product Features*

• Launch date of 1st July 2014
• Maturity date of 31st October 2017
• Interest rate of 2.45% Gross
• Minimum opening deposit of £2,000
• Interest paid annually and at maturity
• Transfers in allowed
• Annual statements

Andrew Pearce, Retail Director for Clydesdale and Yorkshire Banks, said: “We are always looking at ways to give our customers the opportunity to maximise the return on their savings, and with the annual ISA allowance increasing to £15,000 for tax year 2014/2015, it is an excellent time to think about saving.

“Clydesdale and Yorkshire Banks’ new fixed rate cash ISA is competitive and offers guaranteed tax free returns.”

For further information on ISAs or other products available, customers can contact 0800 707 6471, (opening hours 8am-8pm Mon-Fri, 9am-5pm Sat.) or visit www.cbonline.co.uk, and for Yorkshire Bank, www.ybonline.co.uk

*Terms and conditions apply