🔔 New best buys across the fixed rate market

Author: Anna Bowes
23rd June 2017

Savings Champion Rate Alert

Friday 23rd June 2017

 

 

As the battle in our easy access best buy table appears to have subsided for now, the war continues to rage on in the fixed rate markets.

United Bank UK launched a range of improved fixed rate cash ISAs and fixed rate bonds today, which sees them feature across our best buy tables.

Its 5 Year Fixed Term Deposit now leads the way, paying 2.41% gross/AER and also giving a variety of options when it comes to interest payments. 

Looking towards cash ISAs, United Bank UK now tops our 2, 3 and 5 year fixed rate cash ISA best buys, paying 1.36%, 1.44% and 1.93% tax free/AER respectively.

Switching back to the fixed rate bond arena, we also saw improved rates from Paragon Bank, with new versions of its 2, 3 and 4 year bonds.

Most impressive is the new market-leading 4 Year Fixed Rate savings account paying 2.06% gross/AER, which also gives the option of monthly interest payments.

Finally, Masthaven Bank unleashed its improved 1 Year Fixed Term Bond paying 1.70% gross/AER, sitting just shy of the market-leading account from Atom Bank.

To see how these accounts stack up against other options currently available, please refer to our best buy tables.

If you would like any help with your savings, please call us 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

Ulster Bank

1.25%

Fixed Rate Bonds

United Bank UK (5 years)

2.41%

Variable Rate ISAs

Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

United Bank UK (5 years)

1.93%

Notice Accounts

Paragon Bank (120 days)

1.45%

Monthly Income

United Bank UK (5 years)

2.38% 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%

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.