Santander set to pull 3.3% ISA

1 August 2012

Santander's table-topping Direct ISA 9, which pays 3.3% interest, will be pulled from the market at the end of play today.

The account currently offers the highest interest rate available on an instant access tax-free account.

But from tomorrow it will disappear to be replaced by Direct ISA 10, which will pay just 3% interest. The move will mean Santander loses its position at the top of the best-buy tables as ING Direct will take the top spot with its 3.2% cash ISA.

So, act now to capture Santander's 3.3% rate before it disappears. If you apply over the telephone you've got until 8pm tonight, and via internet you've got until 11pm.

The account requires a minimum deposit of £2,500 and the rate includes a 2.8% bonus for the first year, so make sure you switch accounts when your 12 months are up. You can apply online at

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