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Two,Three and Four Year FR Isa's

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  • 10_66
    10_66 Posts: 3,453 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    annie42 wrote: »
    Forgive my ignorance but what does Clydesdale mean when they say "up to 5% interest can be earned" on the fixed rate bond isa?

    They mean up to 5% interest can be earned on their range of fixed rate ISAs, ie their 1yr fixed rated ISA earns 3%, but their 5yr fixed rate ISA eans 5%.
  • Lokolo_2
    Lokolo_2 Posts: 1,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Geoffo_M wrote: »
    I looked at the 5yr Northern Rock as well. Problem is that I don't think you can add each succeeding year's allowance to the account, nor does it allow transfers in. So the likelihood is that you will have one stand alone ISA with a maximum of £5,100. Shame

    Actually it DOES allow transfers in, as I have just completed my transfer to the NR stepped ISA 10 days ago now! Also you can add only until 30 days AFTER the issue is withdrawn, so for me it means I can still add next years allowance to it without problems, but unfortunately for the consequent years I can't add more :(
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