Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Market Leading Account Launched

Author: Anna Bowes
16th June 2016

Savings Champion Rate Alert

Thursday 16th June 2016
Raphaels Bank has launched a new market leading 3 Year Fixed Rate Bond, paying 2.25% gross/AER.

This is positive news for savers who prefer a longer term fixed rate. For more information or alternative options, take a look at our Fixed Rate Bond Best Buy Tables.
However, for those who do not want to tie up their funds, there are some competitive alternatives currently available.

Below is a summary of some of the best alternatives to fixed rates currently on the market. Click on the links for more information.
Provider Account Name Balance AER
TSB Bank

Classic Plus Account

£1 - £2,000

 5.00%

Nationwide Building Society

 FlexDirect Current Account

£1 - £2,500

 5.00%
Santander

123 Current Account 

£3,000 - £20,000

 3.00%

RCI Bank

 Freedom Savings Account

£100

 1.45%

Charter Savings Bank

 95 Day Notice - Issue 9

£1,000

 1.55%
Full 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 us on 0800 321 3581

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

High Interest Paying Current Account

TSB Bank /
Nationwide Building Society

5.00%

Easy Access

RCI Bank*

1.45%

Fixed Rate Bonds

Bank of Baroda (5 years)

2.50%

Variable Rate ISAs

Clydesdale Bank / Yorkshire Bank

1.50%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

2.05%

Notice Accounts

 Charter Savings Bank

1.55%

Monthly Income

Punjab National Bank (5 years)

2.40%

Regular Savings

First Direct / M&S Bank

6.00%

Children's Accounts

Halifax (Regular Saver)

4.00%

Junior ISAs

Halifax

3.00%

Help to Buy ISAs

Virgin Money

3.00%

* 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.