Monmouthshire Building Society Launches App-Only 4% One-Year Cash ISA
Monmouthshire Building Society has launched a new one-year fixed rate Cash ISA offering 4% AER tax free, exclusively available through its mobile app.
Designed for savers looking to make the most of their ISA allowance, the app-only product offers a fixed rate for one year and is available for new ISA funds only.
Product features
- 4% AER fixed for one year
- Available for new ISA funds only (no transfers in)
- Minimum balance: £1,000
- Maximum balance: £20,000
- Deposits allowed within the first 30 days of opening
The Society has highlighted that from April 2027, savers under 65 years of age will only be able to put up to £12,000 per year into a cash ISA, encouraging consumers to consider their allowance options carefully.
More than 12,000 accounts have already been opened via the Mon BS app, providing customers with a secure and convenient way to manage their savings while continuing to access high street branch support.
Full details of the fixed rate ISA are available via the Society’s website.
Terms, conditions and exclusions apply.