As of today, Ford Money has withdrawn the following products for new customers:

• Flexible Saver – 1.07%
• Fixed Saver (one year) – 1.45%
• Fixed Saver (two year) – 1.55%
• Fixed Cash ISA (one year) – 1.10%
• Fixed Cash ISA (two year) – 1.20%.

The only product available to new customers is the Flexible Cash ISA paying 0.85%.

A Ford Money spokesperson, said: “We have taken this action as part of our routine practice of regularly reviewing our product portfolio and positioning within the wider savings market, as well as our current deposit taking needs.

“All changes at Ford Money are made to ensure we’re offering customers the most appropriate and competitive accounts possible at any given time in the market.”