🔔 Further improvements hit the best buys

Author: Anna Bowes
20th June 2017

Savings Champion Rate Alert

Tuesday 17th June 2017

 

 

Changes have been plentiful in our easy access best buy table of late and today saw further improvements.

Bank of Cyprus UK has launched an improved version of its Online Easy Access Accountpaying 1.11% gross/AER, which has placed it in joint second position in our best buy table.

It is worth noting that this rate includes a 0.51% bonus for the first 12 months, after which point you may need to find a new home for funds, as the rate will drop significantly.

We have also seen a new market-leading rate in the fixed rate cash ISA tables. Virgin Money launched a new version of its 2 Year Fixed Rate Cash ISA, paying 1.30% tax free/AER.

Not only offering the top rate for two years, this account also offers the option of monthly interest payments for those who wish to supplement their income.

To see how these accounts hold up against other available options, 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

Kent Reliance

1.15%

Fixed Rate Bonds

Atom Bank (5 years)

2.40%

Variable Rate ISAs

Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.80%

Notice Accounts

Paragon Bank (120 days)

1.45%

Monthly Income

Atom Bank (5 years)

2.37% 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.