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Paragon Bank offers wider cash Isa range

Jordan Williams | 13:35 Tuesday 6th June 2017

Paragon Bank has expanded its cash Isa range to now include three fixed rate products.

The extended range includes fixed rate cash Isas at 1.26% AER for a two-year term and 1.41% AER for a three-year period.

A five-year fixed rate cash Isa at 1.8% AER was already available.

Richard Doe, managing director at Paragon Bank (pictured above), said: “The market has been somewhat slow since the start of the Isa season and we hope these products will offer customers a greater range of options as they seek to make returns on their savings.

“With the launch of these products, we are offering a range of market-leading rates, catering for those looking to save over a range of terms.

“Our Isas will allow savers the opportunity to earn their interest tax free, now and in the future.”

Interest is payable monthly or annually and deposits and Isa transfers are accepted from £500 up to £100,000.

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