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Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New cash ISA best buys

Author: Anna Bowes
26th May 2017

Savings Champion Rate Alert

Friday 26th May 2017
With the end of the month fast approaching, we have seen further changes in our fixed rate cash ISA best buy tables.

Paragon Bank has launched new versions of its 2 and 3 year fixed rate cash ISAs, both with market-leading rates. This follows the recent launch of its improved 5 Year Fixed Rate cash ISA, which also pays a market leading rate.

2 Year Fixed Rate cash ISA - paying 1.26% tax free/AER
3 Year Fixed Rate cash ISA - paying 1.41% tax free/AER
5 Year Fixed Rate cash ISA - paying 1.80% tax free/AER

For those looking for a shorter 1 year term, Bank of Cyprus UK is placed in first position, with its 1 Year Fixed Rate Cash ISA paying 1.13% tax free/AER.

As always, more information on these accounts and other options available can be found in 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

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

Paragon Bank (5 years)

2.25%

Variable Rate ISAs

 Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.80%

Notice Accounts

 Secure Trust Bank (90 days)

1.30%

Monthly Income

Paragon Bank (5 years)

2.23% 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.

^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.