Product category:
Savings and investment
News Release from: Marks & Spencer Money | Subject: Investments
Edited by the Insidemoneytalk Editorial
Team on 14 May 2007
MandS Money increases variable cash ISA
interest rate
Immediate response to Bank of England base rate change thanks to MandS Cash ISA Guarantee
MandS Money is increasing its variable Cash ISA rate from 5.25% to 5.50% AER/tax-free* with effect from tomorrow, Friday 11th May 2007, following the decision by the Monetary Policy Committee to increase the Bank of England Base Rate by 0.25% The rate increase will apply to the MandS Mini Cash ISA, Tessa Only ISA and the cash component of the MandS Maxi ISA
Customers benefit immediately when base rate changes as MandS has guaranteed their interest rate to be at least equal to Bank of England base rate until 31st December 2007.
Customers can apply via the internet at www.marksandspencer.com/minicashisa,or by calling MandS Money free on 0800 028 2824.
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