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Bradford & Bingley launches two new Isas

Bradford and Bingley is to launch two mini cash Isas to be available from April 6.

The Isa regular saver offers 6 per cent gross in the first year before switching to the Bank of England base rate plus half a per cent. The minimum monthly contribution is 10, maximum 250.

The fixed Isa 3 offers 5.25 per cent gross guaranteed for the next three years, aimed at lump sum investors who invest 9,000, which is then fed into the account in three 3,000 portions.

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