Northern Rock ISA

Newest Review: ... there's a penalty. Still, as an ISA is uaually more of an investment than a savings account (they come with all types of rules for withdrawals and balances), this isn't too bad (they do do an instant access ISA, but this doesn't pay as good a rate). The opening balance is reasonably low, and it is run through a (bright pink!) passbook. Do keep a watch out though, maybe this 'caring plc' lark from the NR is a face, and so keep an eye on the rates it offers. Also, if you do close this or any other ISA, don't ask for a cheque for the full amount, otherwise your money will not be able to earn tax free interest in anothe... more

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Northern Rock ISA: Good ISA (399 words)
by - written on 05/08/01 (Very useful, 1956 readings)
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The Northern Rock has always tried it's best for it's customers, sometimes I wonder if it actually knows it is no longer a mutual building society (see my other op on the Northern Rock). And so the Northern Rock is offering the best mini cash ISA rate in the whole country (currently 6.05 or £6.05 for every £100 invested, but this may change due to the recent suprise rate cut). All interest is credited tax free (yay!). The only snag is that they demand 30 days notice for a withdrawal, or there's a penalty. Still, as an ISA is uaually more of an investment than a savings account (they come with all types of rules for withdrawals and balances), this ... Read the complete review

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