Many look to their savings to supplement their monthly income, but the information is not easy to find.
Not all providers offer the option of monthly interest, so we have a dedicated monthly income best buy table to assist those who would like to boost their income.
The top rates currently available for monthly interest are all on offer from Paragon Bank.
5 Year Fixed Rate savings account - 2.42% monthly gross
3 Year Fixed Rate savings account - 2.08% monthly gross
2 Year Fixed Rate savings account - 2.03% monthly gross
1 Year Fixed Rate savings account - 1.83% monthly gross
120 Day Notice (Issue 7) savings account - 1.44% monthly gross
To see how these accounts compare to others in the respective markets, 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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