Top ISA rates launched as ‘tax free today, taxed tomorrow’ fears grow

Yesterday, we launched a new range of market-leading long-term fixed-rate Cash ISAs and savings accounts amid growing uncertainty around the future of tax-free savings allowances.

The new Cash ISA accounts offer a timely opportunity to secure attractive, tax-free means of safeguarding savings at a time of increasing concern around changes to ISA annual subscriptions.

HTB launched market-leading rates across it’s long fixed-term ISA range:

• 4.20% AER – 2 Year Online ISA Fixed Saver
• 4.20% AER – 3 Year Online ISA Fixed Saver
• 4.20% AER – 5 Year Online ISA Fixed Saver.

There’s news for non-ISA personal savers, businesses and charities too, with two new table-topping 5 Year Bonds, helping even more UK savers with their long-term savings plans:

• 4.46% AER – 5 Year Fixed Saver for personal customers
• 4.30% AER – 5 Year Fixed Saver for businesses and charities.

Stuart Hulme, Managing Director of Savings at HTB, said:

With talk of ISA reforms and growing uncertainty around ISA subscriptions, savers are understandably asking: will what’s tax-free today be taxed tomorrow? Our new long-term ISA rates give people a chance to lock in generous returns – and some peace of mind – ahead of any change.

Mark Hicks, Head of Active Savings at Hargreaves Lansdown, said:

HTB’s exclusive fixed term 1 Year Cash ISA has gone straight to the top of our table with a leading rate which is great news for our savers. With questions around how long the tax-free allowance will remain in its current form, helping our customers secure a competitive fixed rate within an ISA wrapper offers both peace of mind and real value.

 

Learn more about our range of savings accounts here. Find business and charity accounts here.