Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Happy New Year - New Best Buys Launched

Author: Anna Bowes
05th January 2016

Savings Champion Rate Alert

Tuesday 5th January 2016

Start your New Year off as you mean to go on with the very best rates on your savings accounts.

To kick start 2016, we thought you might like our handy guide to the best rates available today on cash based savings accounts. As always, our best buy tables are totally independent, unbiased and selected from the whole UK savings market.

If you'd like to discuss these accounts in more detail, you can always call us on 0800 321 3581and talk directly to one of our specialist savings advisers. For those with over £100,000 in cash, we offer a free, no obligation review of your accounts. Call us now to see how we can improve the interest on your savings.

Latest News

State Bank of India UK has launched two new Best Buy Fixed Rate ISAs.

The Online Cash ISA 2 Years Fixed Deposit is paying 2.00% tax free/AER and the Online Cash ISA 3 Years Fixed Deposit is paying 2.30% tax free/AER.

Barclays has launched a Help to Buy: ISA paying 2.25% tax free / 2.27% AER.

To compare this to the rest of the market, please take a look at our Help to Buy: ISAs Best Buy Table.

Close Brothers has launched two new Best Buy Fixed Rate Bonds.

The 1 Year Fixed Term Deposit is paying 2.00% gross/AER and the 2 Year Fixed Term Deposit is paying 2.25% gross/AER.

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 Savings Champion on 0800 321 3581

Best Buy Tables Best Accounts Best Rates (Gross)
High Interest Paying Current Account Nationwide Building Society and TSB Bank 4.89%
Easy Access RCI Bank * 1.65%
Fixed Rate Bond Secure Trust Bank (5 years) 3.11%
Variable Rate ISA Mansfield Building Society 1.55%
Fixed Rate ISA United Bank UK (5 years) 2.55%
Notice Account Paragon Bank 1.96%
Monthly Income FirstSave (5 years) 3.02%
Regular Savings First Direct and Marks & Spencer 6.00%
Children’s Account Halifax (regular saver) 6.00%
Junior ISA Halifax 4.00%
Help to Buy ISA Halifax 4.00%

* Deposits held with RCI Bank are covered by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). Please contact us if you would like further information. 

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.