Shawbrook expands into ISA market

23 February 2015

Shawbrook Bank has launched its first ever ISA products, with a 120 day notice cash ISA and a 2 year fixed rate cash ISA bond.

The products will be available online, enabling customers to view and manage their ISA funds via Shawbrook’s secure and convenient e-savings platform. As with Shawbrook’s fixed rate and notice savings account customers, ISA customers will also be able to phone and speak to a member of Shawbrook’s friendly in-house team to answer any questions during normal business hours.

Simon Furnell, Managing Director of Savings at Shawbrook Bank said,

“Moving into the ISA market is a natural progression for Shawbrook’s Savings business and one we know that our customers want to see. Since our launch in 2011 we’ve focused on providing straightforward products, a personal, friendly service and competitive rates. We see a great opportunity to offer the same in the ISA market, and now is the right time in Shawbrook’s journey to do this.”

As a British bank, Shawbrook is a member of the Financial Services Compensation Scheme (FSCS) which means deposits up to £85,000 are protected.