Egg cash ISA offers 6.05 per cent variable
Hurry, hurry, hurry! There are only 26 days until the end of the tax year when the Egg Cash ISA Egg Cash ISA is paying 6.05 per cent Gross AER, Variable. This is a good offer for people wanting to get their cash ISA savings topped up for 2008 or started off in the next 2008/2009 tax year.
The account can be opened with just £1 and applications can be made online at http://www.egg.com Use your debit card or make regular savings with a monthly direct debt payment up to a maximum of £3,000 for the 2007/2008 tax year then it rises to £3,600 for the tax year 2008/2009.
The main difference from this Egg Cash ISA and others available is that you can withdraw just £1 if you want to and there is no notice period needed to make a withdrawal, also you don’t need to be an existing Egg customer to apply, it’s available to everyone.
Head of Consumer Banking and Investments at Egg, Tobias van der Meer, said:
“Our Cash ISA offers a very competitive rate of interest with no catches. There are a number of attractive headline rates in the market, but savers need to be aware of the conditions associated with many of these products. Some rely on short-term bonuses to boost their headline rate and others act as a carrot to entice people to invest in other products.
“With our Cash ISA cash ISA we wanted to not only provide an attractive headline rate, but also be transparent in our offering and make it easy for people to open – the online application process takes just minutes. Hopefully, this will encourage more people to take out a Cash ISA early in the new tax year and take full advantage of a highly competitive and tax-free interest rate.”
Don’t forget you can keep track of your ISA online via http://www.egg.com