Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Further fixed rate best buy launched

Author: Anna Bowes
12th June 2017

Savings Champion Rate Alert

Monday 12th June 2017
A further fixed rate bond has entered our best buy table today, again from Secure Trust Bank.

The launch of this new account has resulted in the provider now featuring in all but our 4 year best buy table.

Coming into our 1 year table in second place, paying 1.60% gross/AER on its Fixed Rate Bond 1 Year Term. As with most fixed rate bonds, you cannot access funds for the duration of the term.

This account is second only to Atom Bank, paying the market-leading rate 1.80% gross/AER. It is important to be aware that accounts with Atom Bank must be applied for through the provider's app, available in the Apple App store or Google Play store

Alternatively, for those looking to take advantage of their cash ISA allowance, Bank of Cyprus UK continues to lead the way paying 1.13% tax free/AER, on its 1 year fixed rate cash ISA.

As always, for additional information on these accounts or other options available, please refer to our best buy tables. 

If you would like any help with your savings, please call us on 0800 321 3581, we’d love to hear from you.

Best Savings Deals Summary

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

High Interest Paying Current Account *

Nationwide Building Society

5.00%

Easy Access

 Charter Savings Bank

1.11%

Fixed Rate Bonds

Atom Bank (5 years)

2.30%

Variable Rate ISAs

 Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.80%

Notice Accounts

 Hampshire Trust Bank (90 days)

1.40%

Monthly Income

Atom Bank (5 years)

2.28% gross

Regular Savings

Nationwide Building Society / First Direct / M&S Bank / Santander

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.