Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New best buy fixed rates launched

Author: Anna Bowes
09th September 2016

Savings Champion Rate Alert

Friday 9th September 2016
Today, Hampshire Trust Bank has launched new versions of its Fixed Rate Bonds, with each term appearing in the respective Best Buy Table.

With many providers cutting rates or taking accounts out of the best buy tables, this is a welcome move from this provider.
 
Many of you have been in touch recently with concerns about falling rates and asked us about fixed rate accounts. Certainly this type of account may be worth considering, especially in these uncertain times. But remember, it is important to keep some money accessible for a rainy day.
With all of this in mind, we have also included below a selection of some of the best variable rate accounts, either as an alternative or together with fixed rates in a balanced savings portfolio.
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%
Lloyds Bank
Club Lloyds Current Account
£4,000 - £5,000
4.00%
RCI Bank
Freedom Savings Bank
£100
1.20%
Bank and Clients
90 Day Notice Account
£1,000
1.50%
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*

1.20%

Fixed Rate Bonds

Clydesdale Bank / Yorkshire Bank (5 years)

2.00%

Variable Rate ISAs

Clydesdale Bank / Yorkshire Bank

1.50%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

1.75%

Notice Accounts
Bank and Clients

1.50%

Monthly Income

Clydesdale Bank / Yorkshire Bank (5 years)

2.00%

Regular Savings

First Direct / M&S Bank

6.00%

Children's Accounts

Halifax / Saffron Building Society (Regular Saver)

4.00%

Junior ISAs

Coventry Building Society

3.25%

Help to Buy ISAs

Barclays

2.27%

* 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.