Britannia Fixed Rate ISAs

The Very Latest Cash ISA rates

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1 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 4.72%
  • Term: 1 Year
  • Invest From: £1,000

ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older. Withdraw cash early if you need to (subject to loss of interest)

1 Year Fixed Rate Cash ISA

from Leeds Building Society

Interest Rate (AER) 4.60%
  • Term: 1 Year
  • Invest From: £100

Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 90 days lost interest

1 Year e-ISA

from Yorkshire Building Society

Interest Rate (AER) 4.50%
  • Term: 1 Year
  • Invest From: £100

Interest paid at maturity. ISA transfers also allowed in. Tax free interest. FSCS Protected. Must be UK resident and be aged 16 or older. No withdrawals permitted. Closure permitted with 60 days’ loss of interest

2 Year Fixed Rate Cash ISA

from Leeds Building Society

Interest Rate (AER) 4.35%
  • Term: 2 Years
  • Invest From: £100

Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 180 days lost interest

1 Year Triple Access Cash ISA

from Nationwide

Interest Rate (AER) 4.25%
  • Term: 1 Year, with option to make three free withdrawals
  • Invest From: £1

Make up to three withdrawals during the 12-month term of this account. Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Manage your account online. Interest paid at maturity. FSCS Protected. Must be UK resident and aged 16 or older. Make more than three withdrawals and the rate drops to 2.15% AER/gross p.a. (variable). Not available in branch

2 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 4.25%
  • Term: 2 Years
  • Invest From: £1,000

ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older. Withdraw cash early if you need to (subject to loss of interest)

3 Year Fixed Rate Cash ISA

from Leeds Building Society

Interest Rate (AER) 4.15%
  • Term: 3 Years
  • Invest From: £100

Interest paid annually. ISA transfers also allowed in. Open online, in branch or by post. FSCS Protected. Must be UK resident and be aged 18 or older. Withdrawals permitted subject to 240 days lost interest

3 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 4.00%
  • Term: 3 Years
  • Invest From: £1,000

ISA transfers in allowed. FSCS Protected. Must be UK resident and aged 16 or older. Withdraw cash early if you need to (subject to loss of interest)

Review of Britannia Fixed Rate ISA

Tax-free saving and guaranteed interest rate for a fixed term, The Co-op and Britannia offer a number of savings options for their customers with one of the highest rate of interest on the market. Check our tables for comparison of interest rates.

History

Britannia, a former mutual building society, merged with The Co-operative Banking Group in 2009. It is now a trading name of the Co-operative Bank in the United Kingdom. Britannia was legally dissolved as a separate organisation on 1 August 2009 and merged into Co-operative Financial Services, to become a trading name of The Co-operative Bank.

Britannia Fixed Rate Cash ISA

The merger with co-operative mean they can offer more accounts to their customers. While the co-operative bank do not offer any fixed rate ISAs themselves, this two year fixed rate Britannia account may suits savers looking for a long term fixed option.

Features:

  1. Competitive tax-free rates
  2. Transferred into a variable rate Cash ISA (or equivalent) once your account reaches its term
  3. Open with a minimum of £5000 or £1 if transferring previous years’ cash ISAs with Britannia or other providers
  4. Pays interest into your account after close of business on 30th November each year
  5. Customers are issued with a passbook
  6. Withdrawals cannot be made and early closure of the account results in a loss of 180 days interest.

Customers of the Co-operative Bank benefit from their ethical trading policies, Co-op are one of the few banks that let customers have a say in financial issues that directly affect them and financial issues globally.

Offering a two year fixed rate, this account may not suit everyone. They do offer other ISAs but at a variable rate of interest.

Why use a Fixed Rate ISA?

Typically, a fixed-rate ISA account will pay more interest. In exchange for a higher rate, banks will ask you to tie up your cash. Generally, the longer you give up access, the higher the return. As it is a guaranteed amount, you know what you will end up with at the end which makes it a lot safer than investing.

ISAs are a good idea whatever your savings goal. With certain types of cash ISAs, you have instant access to your money, which makes it a flexible way to plan your finances.

It’s also important to remember that ISA allowance limits apply to everyone on an individual basis, so if you’re married or in a relationship, you can both hold your own ISA, each with the full allowance meaning you can save over £30,000 tax-free.