Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Further movement in the best buy tables

Author: Anna Bowes
17th March 2017

Savings Champion Rate Alert

Friday 17th March 2017
We have seen a new market-leading rate launched in the notice account best buy table, along with further movement in the fixed rate best buy tables, with a number of providers introducing new rates to the market.

Shawbrook Bank has launched a market-leading 120 Day Notice Account, paying 1.25% gross/AER. Alternatively, if you are looking for easy access to your money, the top rate is from RCI Bank^, paying 1.10% gross/AER on its Freedom Savings Account.

Turning towards the fixed rate tables; Paragon Bank launched a new 2 year fixed rate cash ISA, paying 1.20% tax free/AER, matching the rate offered by both Skipton Building Society and Aldermore.

Looking at the fixed rate bond market, Zenith Bank improved rates on its 1, 2 and 3 year fixed term deposit accounts.

1 Year Fixed Term Deposit - 1.36% gross/AER 
2 Year Fixed Term Deposit - 1.60% gross/AER
3 Year Fixed Term Deposit - 1.80% gross/AER

Paragon Bank launched a new 2 year fixed rate bond, paying 1.70% gross/AER, sitting just above the new rate from Zenith Bank. 

Wesleyan Bank entered the 3 year fixed rate bond table, paying 1.81% gross/AER on the new version of its fixed rate deposit account.

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

 RCI Bank^

1.10%

Fixed Rate Bonds

Atom Bank (5 years)

2.25%

Variable Rate ISAs

 Virgin Money

1.01%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

1.85%

Notice Accounts

 Shawbrook Bank (120 days)

1.25%

Monthly Income

Atom Bank (5 years)

2.23% gross

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.