Britannia and The Co-operative Bank reward loyalty with new ISA rates

February 24, 2011

Britannia and The Co-operative Bank have launched a range of new fixed rate ISAs, offering competitive rates with fixed terms until April 2012 / 2013.

Customers who have a current account with The Co-operative Bank or who hold a maturing ISA with the bank or Britannia are being rewarded for their loyalty with a preferential interest rate. Customers who switch their current account to The Co-operative Bank are also eligible*.

Details are as follows:

Product Rate Fixed Until
Fixed Rate Cash ISA 2.80% 05/04/2012
Fixed Rate Cash ISA 3.10% 05/04/2013
Fixed Rate Cash ISA for Maturing Customers 3.00% 05/04/2012
Fixed Rate Cash ISA for Maturing Customers 3.40% 05/04/2013
Fixed Rate Cash ISA for Current Account Customers 3.00% 05/04/2012
Fixed Rate Cash ISA for Current Account Customers 3.40% 05/04/2013
    

James Hillon, Head of Savings at The Co-operative Bank, said: “Our new ISA range has a fixed rate of interest, over the lifetime of the product, so they provide a guaranteed return on investment along with peace of mind that the products will be supported by excellent levels of customer service.

“Furthermore, we have a range of competitively priced products including cash ISAs and stocks and shares ISAs to meet customers’ needs.”

Anyone looking for more information about the new range of Fixed Rate ISAs can visit any branch of Britannia or The Co-operative Bank, call 0800 013 1140 (Britannia) or 0800 0288 288 (The Co-operative Bank) or log on to www.co-operativebank.co.uk or www.britannia.co.uk. Customers can open a current account with The Co-operative Bank in Co-operative and Britannia branches.

* Terms and conditions apply

 

Case studies are available upon request, please contact Nuala Ryan for further information

Nuala Ryan
The Co-operative Financial Services Press Office
Tel: 0161 903 3822 / 3808
Email : nuala.ryan@cfs.coop 

Twitter: @CFSpressteam

Notes to editors:

This press release is for media purposes only

ISDN facilities are available for broadcast media interviews.

For more information on The Co-operative Bank’s range of Savings products please visit www.co-operativebank.co.uk/savings

About The Co-operative Financial Services

The Co-operative Financial Services (CFS) is part of The Co-operative Group, which is the world’s largest consumer co-operative with around five million members, over £14 billion turnover, and core business interests in financial services, food, travel, pharmacy and funeral care. The Co-operative Group has over 5,000 retail trading outlets.

Following the merger with Britannia Building Society on 1 August 2009 CFS is one of the largest and well diversified mutual businesses operating in both retail and corporate markets.

As part of The Co-operative Group, the new business is characterised by its unique ethical and member reward policies and very high levels of customer advocacy.

The combined business has £70 billion in assets, 12,000 staff and nine million customers. It has over 300 high street branches, 20 corporate banking centres and a major presence in Manchester, London, Leek, Plymouth, Skelmersdale and Stockport.

It is the only mutual organisation that enables its members to earn financial rewards for the products they hold, as well as giving them the opportunity to have a say in how the business is run.