Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Further improvements in the fixed rate bond and cash ISA markets

Author: Anna Bowes
07th July 2017

Savings Champion Rate Alert

Friday 7th July 2017

  

 

Today, we have seen additional improvements in both the fixed rate bond and fixed rate cash ISA markets.

Paragon Bank has launched new versions of its 1 and 5 Year Fixed Rate cash ISAs. Both accounts have taken the lead in our tables, paying 1.20% tax free/AER and 1.95% tax free/AER respectively.

For those who have already utilised their cash ISA funds for the current tax year, Vanquis Bank has launched a new version of its 5 Year Fixed Rate Bond paying 2.42% gross/AER, which has taken second position in our table.

Sitting just ahead of this new account, we again see Paragon Bank, with its 5 Year Fixed Rate savings account paying 2.45% gross/AER.

To see how these accounts stack up against the other top rates on the market, 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.
 

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

Paragon Bank (5 years)

2.45%

Variable Rate ISAs

Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

Paragon Bank (5 years)

1.95%

Notice Accounts

Secure Trust Bank (180 days)

1.65%

Monthly Income

Paragon Bank (5 years)

2.42% 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.