Cash ISA from Close Brothers Savings
Protection
FSCS
Up to £120,000
Min balance
£10,000
Max balance
£2,000,000
Access
5 Years
Interest paid
Annually/
On maturity
Transfers in
Accepted
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Want to know how much interest you will receive with Close Brothers Savings's 5 Year Fixed Rate Cash ISA?
Estimated interest
£10,000 saved
£2,751
At 4.98% AER
£50,000 saved
£13,753
At 4.98% AER
£2,000,000 saved
£550,133
At 4.98% AER
Estimated over the 60-month term, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.
This account pays 4.98% AER on a five-year fixed term, with interest calculated daily, compounded, and paid annually into the ISA as well as at maturity, which is a tidy arrangement for those who want their tax-free pot to grow steadily without touching it. The minimum is £10,000, so it suits savers with a meaningful lump sum to shelter, and transfers in are accepted, making it straightforward to consolidate existing ISAs here. The real catch is the five-year lock-in: if rates rise or your circumstances change, you are committed for the full term. If you want the same rate over a shorter horizon, Kent Reliance's two-year fixed rate cash ISA also sits at 4.98%.
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