Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Act now! Before it's too late

Author: Anna Bowes
20th January 2017

Savings Champion Rate Alert

Friday 20th January 2017
There have been several high-profile withdrawals this week, with market leading easy access and notice accounts dropping out of our best buy tables.
 
Sadly, this goes to show that in some cases, the top-paying accounts are not hanging around for long. So, if you are interested in an account, it makes sense to act now and not delay!
 
Amongst easy access accounts, RCI Bank pays 1.02% gross/AER on its Freedom Savings Account^. Also paying 1.02% gross/AER is Nottingham Building Society’s eSaver Instant Saver Issue 6.

Alternatively, High Interest Current Accounts* continue to offer some of the highest rates on the market, with up to 5% AER available from the likes of Nationwide.
 
If you are looking for a fixed rate bond, up to 2.05% is available from Atom Bank and Ikano Bank~ for a 5 year term. For more fixed rate options, take a look at our Fixed Rate Bond Best Buy Tables.

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

 RCI Bank^ / Nottingham Building Society

1.02%

Fixed Rate Bonds

Atom Bank / Ikano Bank~ (5 years)

2.05%

Variable Rate ISAs

 NS&I

1.00%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.60%

Notice Accounts

 Charter Savings Bank (95 days)

1.05%

Monthly Income

Atom Bank / Ikano 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.

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