Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New market-leading fixed rate cash ISAs

Author: Anna Bowes
22nd August 2017

Savings Champion Rate Alert

Tuesday 22nd August 2017

  

 

Although we have seen the savings market slow down over the summer weeks, we have had an injection of new market-leading fixed rate cash ISAs into the market.

Virgin Money has launched new versions of its fixed rate cash ISAs with improved rates, across its 1, 2 and 3 year terms.

This now sees the provider sitting on top of our one and two year fixed rate cash ISA best buy tables, with its one year product paying a rate of 1.30% tax free/AER.

This sees the long-standing Bank of Cyprus UK slide down to second position (paying 1.22% tax free/AER), with Virgin Money taking the crown.

Looking at the two year fixed term, this time we see BM Savings slide down to second position, with Virgin Money taking the lead by the slimmest of margins (0.01%), paying 1.51% tax free/AER.

To find further information and accounts for longer fixed terms, please refer to our Fixed Rate Cash ISA 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

Atom Bank / Vanquis Bank (5 years)

2.50%

Variable Rate ISAs

Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

2.10%

Notice Accounts

Secure Trust Bank (180 days)

1.65%

Monthly Income

Atom Bank / Vanquis Bank (5 years)

2.47% 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%

Sharia Accounts

BLME (5 years)

2.50%

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.