Paragon launches new Notice Cash ISA

Paragon Bank has announced the launch of a new Notice Cash ISA for savers.

The UK-based bank said its new Notice ISA – at 1.31% AER – is ‘perfect’ for savers choosing to lock savings away for a period and who may not need immediate access to their cash.

The Notice ISA has joined a well-established range of savings products offered by Paragon, after the lender launched several new products in 2019, including its Lifetime ISA and a 40-Day Notice account.

Paragon savings director, Derek Sprawling, said: “The addition of this Notice ISA further bolsters the extensive range Paragon offers. Throughout our savings range we aim to give people more choice and consistently competitive rates to help them achieve their savings goals.”

“We grew our savings deposits by 20% last year, so savers are clearly attracted to our range and service offering. We look forward to introducing more innovative products and services in 2020.”

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