🔔 A procession of new best buys

Author: Anna Bowes
24th March 2017

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Savings Champion Rate Alert

Friday 24th March 2017

There have been further changes made today across a number of our best buy tables, with new market-leaders in multiple categories.

Vanquis Bank launched a new range of fixed rate bonds with higher rates. The most striking of which is its 3 Year Fixed Rate Bond, paying 1.90% gross/AER, the joint market-leading rate. Vanquis Bank also occupies the top spot in the 4 year table, with its 4 Year Fixed Rate Bond paying 2.10% gross/AER.

Yorkshire Building Society made moves in the easy access market, increasing the rate on its Single Access Saver - Issue 3, now paying 1.15% gross/AER. It is important to note that, as the name suggests, you are limited to one easy access withdrawal per year. 

For a more conventional easy access account, RCI Bank^ pays 1.10% gross/AER, on its Freedom Savings Account.

Paragon Bank entered the fray in the one year table, launching its new 1 Year Fixed Rate savings account, paying 1.51% gross/AER. Sitting marginally ahead of Aldermore, which is paying 1.50% gross/AER.

Paragon Bank has also risen to the top of the notice account best buy table with its new 120 Day Notice (Issue 6) savings account, paying 1.30% gross/AER.

As always, if you would like any help with your savings or would like to discuss further options, 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

Yorkshire Building Society

1.15%

Fixed Rate Bonds

Atom Bank (5 years)

2.25%

Variable Rate ISAs

Coventry Building Society

1.05%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

1.85%

Notice Accounts

Paragon Bank (120 days)

1.30%

Monthly Income

Atom Bank (5 years)

2.23% gross

Regular Savings

Nationwide Building Society / First Direct M&S Bank

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.