🔔 Will you be reviewing your savings over the festive period?

Author: Anna Bowes
23rd December 2016

Savings Champion Rate Alert

Friday 23rd December 2016

As we approach Christmas, we have inevitably seen a slowdown in the number of new accounts launched, particularly new best buys.

However, there are still accounts with competitive interest rates available for those who will use the festive period to review their savings.

If you are looking for a fixed return, there are a number of fixed rate bonds available ranging from 1.40% gross/AER from Atom Bank for 1 year to 2.01% gross/AER for 5 years from Masthaven Bank. For the full range of top-paying accounts, take a look at our Fixed Rate Bond Best Buy Tables

Alternatively, for those looking for easy access to their money, up to 5% AER is available through High Interest Current Accounts*, from the likes of Nationwide. Amongst standard accounts, up to 1% gross/AER is available from RCI Bank^, NS&I and others.

Our best buy tables are a great source of information, whatever your savings needs and if you need any help or want to discuss further options, please call us on 0800 321 3581, we’d love to hear from you. We are open throughout the Christmas period, apart from bank holidays, so do not hesitate to get in touch.

We wish you and your families a happy and restful festive period and best wishes for the New Year.

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

Tesco Bank / RCI Bank^NS&I /
Leeds Building Society

1.00%

Fixed Rate Bonds

Masthaven Bank (5 years)

2.01%

Variable Rate ISAs

Penrith Building Society / NS&I

1.00%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.60%

Notice Accounts

Charter Savings Bank

1.31%

Monthly Income

Masthaven Bank (5 years)

1.99%

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.