🔔 Current Account Special - Earn up to £1,800 gross

Author: Anna Bowes
08th January 2016

Savings Champion Rate Alert

Friday 8th January 2016

Latest News

Get up to £220 with M&S Bank

M&S Bank now offers a cash incentive for those who switch to one of its current accounts, of up to £220. £100 will be paid once the switch is complete and an additional £10 a month for the first 12 months, subject to terms and conditions.

Unfortunately, this will not be paid in the form of cash, instead customers will receive gift cards that are only redeemable in an M&S.

Get 5% AER with TSB and Nationwide

If you don’t want to switch your account, you can still get 5% AER from TSB Bank and  Nationwide on in-credit balances of up to £2,000 and £2,500 respectively.

If you have a partner, there is nothing to prevent you opening additional accounts in joint and sole names. For more information on how to maximize your savings using High Interest Current Accounts, call 0800 321 3581, to speak to one of our expert advisers.

Get 3% AER with Santander on up to £60,000 - Earn up to £1,800 gross
 
Although Santander will be increasing the monthly account fee on the 123 Current Account, from £2 to £5 on Monday 11th January, you can still obtain 3% AER on up to £60,000. The account remains one of the very best High Interest Current Accounts on the market for savers, due to the larger amounts that can be saved. But make sure you're also taking full advantage of the cashback facility to further mitigate the increased fee.
 

Savers can open up to three accounts; one in your sole name, one in joint names and one in your partner's name with £20,000 in each. This can be a great way to limit the hassle of multiple accounts with several providers, while still getting a great return.


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 Savings Champion on 0800 321 3581

Best Buy Tables Best Accounts Best Rates (Gross)
High Interest Paying Current Account Nationwide Building Society and TSB Bank 4.89%
Easy Access RCI Bank * 1.65%
Fixed Rate Bond Secure Trust Bank (5 years) 3.11%
Variable Rate ISA Mansfield Building Society 1.55%
Fixed Rate ISA United Bank UK (5 years) 2.55%
Notice Account Paragon Bank 1.96%
Monthly Income FirstSave (5 years) 3.02%
Regular Savings First Direct and Marks & Spencer 6.00%
Children’s Account Halifax (regular saver) 6.00%
Junior ISA Halifax 4.00%
Help to Buy ISA Halifax 4.00%

* Deposits held with RCI Bank are covered by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). Please contact us if you would like further information. 

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.