Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 More improvements in the fixed rate bond market

Author: Anna Bowes
29th September 2017

Savings Champion Rate Alert

Friday 29th September 2017

  

 

Today, we have seen further improvements in the fixed rate bond market, again coming from a challenger bank. 

This time, Paragon Bank hit the top spot in several best buy tables.

The provider's new 3 year bond joins NS&I and The Access Bank UK at the top of our best buy table, paying 2.20% gross/AER.

Whilst in the 5 year table, Paragon Bank now offers 2.45% gross/AER, which sees the provider take the lead.

Interestingly, the aforementioned accounts also top our monthly income best buy table.

For further options across a range of savings accounts, please refer to our best buy tables or give us a call on 0800 321 3581, we'd love to hear from you.

Best Savings Deals Summary

Best Buy Table

Best Account(s)

Best Rate (AER)

High Interest Paying Current Account *

Nationwide Building Society

5.00%

Easy Access

Charter Savings Bank

1.26%

Fixed Rate Bonds

Paragon Bank (5 years)

2.45%

Variable Rate ISAs

Charter Savings Bank (95 days notice)

1.30%

Fixed Rate Cash ISAs

Virgin Money / United Trust Bank (5 years)

2.15%

Notice Accounts

Charter Savings Bank (95 days notice)

1.60%

Monthly Income

Paragon Bank (5 years)

2.42% gross

Regular Savings

Nationwide Building Society / First Direct / M&S Bank / Santander

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%

Sharia Accounts

BLME (5 years)

2.50%

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.