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Nationwide launches ISA

Nationwide Building Society is launching a Tessa Maturity Isa in the new year.

The Catmarked Isa gives savers with matured Tessa funds the chance to re-invest their money in a tax-free account with instant access.

The new Isa offers an interest rate of 6.55 per cent per annum and is available to anyone with a matured Tessa.

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