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What are the benefits of a Tembo Fixed Rate Cash ISA?

Anya Gair avatar
Written by Anya Gair
Updated this week

With a Tembo Fixed Rate Cash ISA, you can earn a fixed 4.27% AER (fixed) for 12 months by locking away your savings for 12 months. The base rate could be at 3.75% by the end of 2025, with three further cuts predicted. Opening a Fixed Rate Cash ISA allows you to protect your savings against the unknown with a fixed rate for 12 months 🔒

Plus, you can open a Tembo Fixed Rate Cash ISA by adding in anything from the minimum £500, all the way up to whatever is remaining of your ISA allowance for this tax year (so up to £20,000). Want to add funds at different times? New funds will instantly lock in for 12 months from the date they're added, at the rate available at the time 🚀

Your interest will then be paid into your account once the 12 months are up. After that, your funds will automatically move into our competitive easy access Cash ISA.

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