Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Another market leading account launched

Author: Anna Bowes
08th December 2016

Savings Champion Rate Alert

Thursday 8th December 2016
In recent weeks, the rates offered on fixed rate savings accounts have been slowly but surely rising, with the latest best buy coming from Hanley Economic Building Society.

The new market leading 3 year fixed rate bond is paying 1.65% gross/AER on balances up to £50,000 or £100,000 for joint accounts.

For those looking for a longer term, Masthaven Bank is offering 2.01% gross/AER on its 5 year fixed rate bond or for a shorter term, Secure Trust Bank is offering 1.41% gross/AER on its 1 year fixed rate bond.

However, if you are looking for easy access to your funds, as an alternative or alongside a fixed rate bond, 1% gross/AER is available from RCI Bank^, NS&I and others.

As always, if you need any help with your savings or want 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

 Tesco Bank / RCI Bank^/ NS&I / Leeds Building Society

1.00%

Fixed Rate Bonds

Masthaven Bank (5 years)

2.01%

Variable Rate ISAs

 Coventry Building Society

1.10%

Fixed Rate Cash ISAs

Virgin Money (5 years)

1.51%

Notice Accounts

 Charter Savings Bank

1.31%

Monthly Income

Masthaven Bank (5 years)

1.99%

Regular Savings

Nationwide Building Society / First Direct / M&S Bank

5.00%

Children's Accounts

Halifax / Saffron Building Society (Regular Saver)

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.