Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Another market leading account - Freedom Savings

Author: Anna Bowes
06th January 2017

Savings Champion Rate Alert

Friday 6th January 2017
RCI Bank^ has now raised the interest rate on its Freedom Savings Account to 1.01% gross/AER, pushing it to joint top of our easy access best buy table, alongside the Post Office.

Although this is a small increase, it's a step in the right direction and hopefully the positive news will continue throughout 2017.

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. Or for those looking for a Fixed Rate Bond, up to 2.01% gross/AER is available from Masthaven Bank for a 5 year term.

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

 Post Office / RCI Bank^

1.01%

Fixed Rate Bonds

Masthaven Bank (5 years)

2.01%

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

Masthaven Bank (5 years)

1.99%

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.