New mini cash ISA from Bradford & Bingley

Financial services company Bradford & Bingley has announced the launch of a new one-year mini cash ISA.

The interest rate for the ISA, which is designed with those people who have yet to use up their ISA allowance for the tax year 2006/7 in mind, is to be fixed at 5.9 per cent per annum AER (annual equivalent rate).

The limited edition offer is available until April 5th - the end of the current tax year - or until the account’s quota has been taken up.

“With the end of the current tax year fast approaching, now is an ideal time for savers who don’t have a mini cash ISA to take advantage of our best buy deal while it is still available,” said Steve Potter, head of savings at Bradford & Bingley.

“Putting money in a mini cash ISA enables savers to get the most from their money without paying tax on it, which makes it a great way of saving for the future.”

A minimum of £1,000 needs to be invested, while the account can be opened by visiting bradfordandbingley.co.uk.

Written Exclusively by AdFero for ISA Guides

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