What you need to know: Ecology Building Society Earthwise Individual Savings Account (ISA)
We like:
The tax-free interest; that it's easy to apply; the low minimum deposit; the clear conscience
We don't like:
The small print -- if you make more than one withdrawal a year, the rate you earn falls by one percentage point; can't make transfers and withdrawals online (yet)
SmartPlanet judgement:
Attractive rates are offered to anyone wanting to store or borrow money for an ecological project, which may be seen as high risk by more mainstream lenders. A lack of online access and a one per cent rate fall if you make more than one withdrawal in a year are less favourable features though.
Score breakdown:
Full review:
Ecology Building Society offers a range of green accounts and mortgages for ethically minded savers and borrowers. Continue reading...
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