The Golden ISA – Issue 2 is the cash ISA option, available to new and existing customers and can be opened instantly, with customers getting automatic confirmation of the funds and account number as soon as they have finished filling out the application.
The cash option provides customers with flexibility as they can either put the full cash ISA allowance away in one go or save regularly over the course of the tax year. It has no additional purchase conditions, or restrictions on additional deposits and withdrawals.
To widen the range of choices available, Barclays has made a Fixed Rate Investment ISA product available for customers who are prepared to invest for a fixed five year term has been added to the range.
At the same time Barclays will be launching a new instant access account called Essential Savings. The new account offers an optional cash card and allows savers to manage their money in branch, over the phone and online. The account can also be included within a customer’s Woolwich Offset mortgage arrangement.
Andy Gray, head of savings for Barclays, said: “Our cash ISA gives customers a hugely flexible option where they can dip in and out as and when they need to. The investment ISA complements the range giving a strong rate and accommodating those savers who are in a position to lock away their savings for longer, offering a halfway house between low-risk cash savings and full risk stock-market investing.”
