Gatehouse Bank launches Cash ISA range

Gatehouse Bank has today broadened its savings offering with the launch of its first Cash ISAs.

The Bank is launching a total of five new ISA products, an Easy Access Cash ISA and a series of Fixed Term Cash ISAs available at between one and five years.

The Shariah-compliant ISAs are being introduced at the following rates:

  • Easy Access Cash ISA: 0.80% AER
  • 1 Year Fixed Term Cash ISA: 1.10% AER
  • 2 Year Fixed Term Cash ISA: 1.20% AER
  • 3 Year Fixed Term Cash ISA: 1.30% AER
  • 5 Year Fixed Term Cash ISA: 1.40% AER

The new products will complement the Bank’s existing range of award-winning savings accounts, which includes easy access, notice and fixed term deposit accounts.

Nash Gill, Savings Product Manager at Gatehouse Bank, said:

“We’re delighted to be able to now offer a Shariah-compliant savings account in a tax efficient wrapper.

“Savers are very familiar with ISAs and we hope that establishing our range of ISAs will allow more of our customers to treat Gatehouse as a one-stop shop for their savings and finance needs.”

Our full range of Shariah-compliant Cash ISAs can be found here.