🔔 More positive news for savers

Author: Anna Bowes
10th January 2017

Savings Champion Rate Alert

Tuesday 10th January 2017

Hanley Economic Building Society has launched a new market leading easy access account, the Monthly Income Saver, paying 1.05% gross/AER. This account requires a minimum balance of £25,000 and the interest can only be paid monthly to a nominated account, so it may not suit everyone. 

Alternatively, for those looking to maximise their return and retain easy access to their money, up to 5% AER is available through High Interest Current Accounts*, from the likes of Nationwide. For those looking for a standard easy access account, 1.01% gross/AER is available from both the Post Office and RCI Bank^.

We have also seen some positive movement amongst Fixed Rate Bonds, with Atom Bank launching market leading 3 and 5 year bonds, paying 1.70% gross/AER and 2.05% gross/AER respectively.

These bonds can only be opened through the provider's app, via a mobile device, if this does not suit you, 1.67% gross/AER for a 3 year term and 2.01% gross/AER for a 5 year term is available from Masthaven Bank.

As always, if you need any help with your savings or would like to discuss further options, please call us on 0800 321 3581, we’d love to hear from you.

Best Savings Deals Summary

If you have any queries regarding our Best Buy Tables, an account featured or the suitability of the account for your needs, please call us on 0800 321 3581.

Best Buy Table Best Account(s) Best Rate (AER)

High Interest Paying Current Account *

Nationwide Building Society

5.00%

Easy Access

Hanley Economic Building Society

1.05%

Fixed Rate Bonds

Atom Bank (5 years)

2.05%

Variable Rate ISAs

Penrith Building Society / NS&I

1.00%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.60%

Notice Accounts

Secure Trust Bank

1.32%

Monthly Income

Atom Bank (5 years)

2.03%

Regular Savings

Nationwide Building Society / First Direct M&S Bank

5.00%

Children's Accounts

Saffron Building Society / Halifax 
(Regular Savers)

4.00%

Junior ISAs

Coventry Building Society

3.25%

Help to Buy ISAs

Barclays

2.27%

Our Best Buy Tables are based on whole of market research, independent and have no commercial bias, ensuring that you can rely on them to make an informed decision. Alternatively, please call us on 0800 321 3581 to discuss your savings with one of our expert advisers.

*High interest current accounts often have a number of conditions attached to qualify for the headline rate. Please ensure you carefully read the terms and conditions before proceeding. Many of these current accounts do not require customers to switch their main account.

^Deposits held with RCI Bank are covered up to the value of €100,000 by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). For more information on this, please call one of our advisers on 0800 321 3581.