Good news for savers as bank offers 'market-leading' cash ISA as fears grow over tax-free savings shake-up

Good news for savers as bank offers 'market-leading' cash ISA as fears grow over tax-free savings shake-up

Paragon Bank has launched a new 15-month fixed-rate cash ISA paying 4.28 per cent AER, currently the highest rate available for this term. The product went live on 12 June through the bank’s online platform and arrives as savers look to lock in strong returns ahead of a potential shake-up to ISA rules in the Autumn Budget.The launch comes as Bank of England data reveals that savers deposited £14 billion into ISAs in April 2025, the highest month…