Barnsley Building Society has announced the addition of a new ISA to its range of savings accounts.
Anyone currently seeking to
compare savings on ISAs might like to note that Barnsley Building Society has launched a new
savings account product.
The lender's Fixed Rate Online ISA offers a rate of three per cent which is fixed in place until December 31st 2011 and is available to both new and existing customers as the building society seeks to attract savers in the aftermath of the global economic downturn.
Sarah Lawrence, senior product manager at Barnsley Building Society, explained that being willing to shop around and compare savings on products such as ISAs following the recession could be crucial if people are to limit their financial outlay.
"In the current low interest rate environment, I'd encourage savers to check the rate on their ISA accounts," she said.
Meanwhile, Michelle Slade of Moneyfacts said last week that there is currently a distinct lack of tempting savings account deals on offer for consumers.
By Emma North