Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New best buys from challenger bank

Author: Anna Bowes
11th October 2016

Savings Champion Rate Alert

Tuesday 11th October 2016
OakNorth Bank has launched competitive new fixed rate bonds and although there are higher paying alternatives available, this is a welcome move from a relatively new provider.

The 1 Year Fixed Rate Bond is paying 1.36% gross/AER and the 2 Year Fixed Rate Bond is 1.51% gross/AER. For more information or for alternatives, take a look at our Fixed Rate Bond Best Buy Tables. 

We have included a table of some of the highest paying Fixed Rate Bonds currently available, along with some High Interest Current Accounts for those looking to retain access to the funds and still receive a high interest rate.

As always, if you need any help with your savings or want to discuss further options, please call us on 0800 321 3581, we’d love to hear from you.
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%
Tesco Bank Current Account £0+ 3.00%
Atom Bank 1 Year Fixed Saver £50+ 1.40%
Close Brothers 3 Year Fixed Term Deposit £10,000+ 1.60%

Vanquis Bank

5 Year Fixed Rate Bond

£1,000+

 2.01%
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

 Coventry Building Society

1.00%

Fixed Rate Bonds

Vanquis Bank (5 years)

2.01%

Variable Rate ISAs

Hinckley & Rugby Building Society

1.20%

Fixed Rate Cash ISAs

Shawbrook Bank (5 years)

1.70%

Notice Accounts

 Charter Savings Bank

1.31%

Monthly Income

Vanquis Bank (5 years)

2.01%

Regular Savings

Nationwide Building Society

5.00%

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%

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.