Paragon Bank Five Year Fixed Rate Isa - Paragon Bank

Paragon Bank Five Year Fixed Rate Isa

Paragon Bank
1.95 % AER
Headline Interest Rate
For 60 months
Compensation Scheme
£ 500 min initial deposit
£ 100,000 max balance
  • Open By:
High interest rate
Online only

About the account

Account Type: Fixed Term
Headline Interest Rate: 1.95 % AER
Headline Interest Balance: £ 500
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers in are permitted within 30 days of account opening or within 15 days of the accounts first deposit.
Minimum Initial Deposit: £ 500
Date account was introduced: 07 Jul 2017

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • Your are happy not accessing your money for 60 months
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually, monthly
Minimum Balance: £ 500
Maximum Balance: £ 100,000
Statement Frequency: on-line
Additional Deposits: Not allowed
Standing Orders: Not allowed


Withdrawal Conditions: Withdrawals and closure are permitted subject to 365 days interest penalty.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: Withdrawals are subject to 365 days loss of interest penalty.
Free Withdrawal Conditions: No free withdrawals are permitted.
Transferred on Maturity: At maturity, customers will have the option to re-invest into another account. otherwise the account will transfer to an Easy Access account.


Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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