Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Latest offers on market leading current accounts and ISAs

Author: Anna Bowes
09th September 2015

TSB Bank has upped the stakes in the high interest current account marketplace with its 5.5.5 offer. It has added further cashback along with its already market leading 5% AER interest rate and a 5% regular savings account. The new benefits now add up to £238 per year, all without switching your existing current account. Check it out here or view our best buy table.

This compares to Clydesdale Bank offering a £150 welcome cashback and 2% AER interest with its Current Account Direct.

Savers who want to open multiple high interest paying current accounts, without switching from their current provider also often choose, Nationwide FlexDirect paying 5% AER and Santander 123 paying 3% AER on balances up to £60,000*.

*Requires 3 accounts, one in sole, partner and joint names.

Virgin Money has launched a new market leading 2 year fixed rate cash ISA paying 2.06% tax free/AER.  

Shawbrook Bank has also launched a new market leading fixed rate cash ISA, a 1 year ISA paying 1.85% tax free/AER.

For more information both of the above accounts, please take a look at our Fixed Rate ISA Best Buy Tables.
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)

3.08%

Variable Rate ISA

Nationwide Building Society

1.60%

Fixed Rate ISA

United Bank Ltd (5 years)

2.55%

Notice Account

Charter Savings Bank

1.95%

Monthly Income

United Bank Ltd (5 years)

3.00%

Regular Savings

First Direct and Marks & Spencer

6.00%

Children’s Account

Halifax (regular saver)

6.00%
 

* 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.