🔔 Market leading fixed rate bonds launched

Author: Anna Bowes
16th February 2017

Savings Champion Rate Alert

Thursday 16th February 2017

More good news for savers today, as Charter Savings Bank has launched market leading fixed rate bonds, all of which are paying at least 0.09% above the competition, so we don't expect these rates to hang around for long. Hopefully, this will spur on other providers to make improvements throughout the coming weeks.

1 Year Fixed Rate Bond - 1.60% gross/AER
18 Month Fixed Rate Bond - 1.65% gross/AER
2 Year Fixed Rate Bond - 1.75% gross/AER
3 Year Fixed Rate Bond - 1.85% gross/AER
4 Year Fixed Rate Bond - 2.06% gross/AER
5 Year Fixed Rate Bond - 2.16% gross/AER
 
It is important to keep a balanced portfolio and to keep money accessible for a rainy day. So, for those looking for easy access to their money, 1.10% gross/AER is available from RCI Bank^.

For smaller balances, higher interest rates can be achieved with the use of High Interest Current Accounts*. With 5% AER available from Nationwide or 3% AER from both TSB Bank and Bank of Scotland.

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

Charter Savings Bank (5 years)

2.16%

Variable Rate ISAs

Paragon Bank / Teachers Building Society

1.05%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.60%

Notice Accounts

Secure Trust Bank (120 days)

1.20%

Monthly Income

Charter Savings Bank (5 years)

2.14%

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.