Prosper launches new cash ISA with 4.5% interest rate

independent.co.uk

Prosper launched a new cash ISA offering a 4.5% interest rate, the best on the market. This new ISA requires a £10,000 minimum deposit and does not accept transfers in. The 4.5% rate includes a 12-month boost, after which it will be linked to the Bank of England's base rate. The financial year ends soon, prompting ISA providers to increase rates. Prosper is a wealth platform, and deposits are FSCS protected.


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