🔔 Market-leading fixed rate ISAs - Has the ISA season begun?

Author: Anna Bowes
17th February 2017

Savings Champion Rate Alert

Friday 17th February 2017

We are really seeing some competition within the savings market and not a moment too soon with ISA season around the corner. Last year, we saw very few improvements to Cash ISAs, leading to a very disappointing 2016 ISA season. So, the positive movements made by Virgin moneyDarlington Building Society and Paragon Bank over the last week are a welcomed move by many savers.

Paragon Bank launched its Limited Edition Easy Access cash ISA late last week, paying a market-leading interest rate of 1.05% tax free/AER.

Darlington Building Society has also launched a market-leading account with its 2 Year Fixed Rate Cash ISA offering 1.25% tax free/AER. Virgin Money has a new version of it 5 Year Fixed Rate Cash ISA paying 1.65% tax free/AER which can be found sitting at the top of our Fixed Rate Cash ISA Best Buy Tables.

For those looking to fix their interest rates and who have already used their 2016/2017 ISA allowance, please take a look at our Fixed Rate Bond Best Buy Tables.

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

Virign Money (5 years)

1.65%

Notice Accounts

Secure Trust Bank (120 days)

1.20%

Monthly Income

Charter Savings Bank (5 years)

2.14% 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.