Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Challenger bank storms to the top of our best buys

Author: Anna Bowes
17th August 2017

Savings Champion Rate Alert

Thursday 17th August 2017

  

 

We have seen a bold move in the fixed rate bond market today, with a challenger bank storming to the top in multiple best buy tables.

Atom Bank has launched a new range of its fixed rate savers, with market-leading rates across the board.

1 Year Fixed Saver – 1.95% gross/AER
2 Year Fixed Saver – 2.10% gross/AER
3 Year Fixed Saver – 2.25% gross/AER
5 Year Fixed Saver – 2.50% gross/AER

Each of these accounts can only be applied for and managed through the provider’s mobile app, which is available via the Apple App store and Google Play store.

For alternative accounts, paying some of the best rates available in the current market, please refer to our fixed rate bond best buy tables.

Alternatively, for those who require easy access to their funds, Ulster Bank continues to hold onto the crown with its market-leading eSavings account, paying 1.25% gross/AER.

Another option, for those looking for competitive rates on lower balances, are High Interest Current Accounts, where rates up to 5% AER can be obtained.

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.