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Bradford & Bingley hits cash ISA trail
Bradford & Bingley is to launch a 1-year fixed rate ISA and 1-year fixed rate eISA, both at 6.25% tax-free p.a. /AER, on April 6th.
For those who want to complete and submit their applications early, however, applications can be made in branches with immediate effect.
Minimum and maximum opening investment is £3,600.
Interest can be credited or paid out. Annual interest is paid annually on the anniversary of the date the account was opened.
No additions are permitted, nor indeed are withdrawals, until the account matures, in the latter case. Also worth noting is that transfers may not be made from existing ISAs - either at Bradford & Bingley or from any other ISA.
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