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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 4.07% AER (fixed) for 12 months by locking away your savings for 12 months. With the base rate predicted to be 3.5% by the end of 2026, we could see savings providers decrease their own interest rates. Opening a Fixed Rate Cash ISA allows you to protect your savings against the unknown with a fixed rate for 12 months πŸ”’

Plus, you can open a Tembo Fixed Rate Cash ISA by adding in anything from the minimum Β£500, all the way up to whatever is remaining of your ISA allowance for this tax year. 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 πŸš€

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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