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Improvements in our easy access best buy table have continued, as competition for the top spot hots up. In addition, we have a new market-leading fixed rate cash ISA and have seen improved rates in our Sharia Accounts Best Buy Table.
Firstly, a rare appearance in our best buys for Ulster Bank, as a result of an improved rate on its eSavings account, which now pays 1.25% gross/AER.
United Trust Bank has launched an improved version of its 5 Year Cash ISA paying 1.85% tax free/AER and is now leading the fixed rate cash ISA market.
Although offering the top rate, it is key to note that only transfers in of previously accrued cash ISA funds are accepted and no new non-ISA funds can be added to the account.
Al Rayan Bank has launched new versions of its fixed term deposit accounts, with increased rates across the board. Most noteworthy are the 12 and 24 month accounts, which are now the leading rates for these terms in the Sharia account market.
Before proceeding to open an account, it is important to understand how Sharia accounts differ from a standard savings account. For more information on this, please see our Sharia Account overview.
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.
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