The Family Building Society has launched the Windfall Bond, which in some ways is similar to Premium Bonds from National Savings and Investments, in that holders of the account are entered into a monthly prize draw.
The account also pays an interest rate of 0.50%, the rate is guaranteed to match the Bank of England base rate, though this guarantee is reviewed annually. £10,000 must remain in the account at all times. There are ten prizes of £1,000, two of £10,000 and one prize of £50,000 given out every month.
Please also find below our handy weekly summary of the top savings deals, which is a useful reminder of the best rates currently available.
So, If your account no longer pays a competitive interest rate or you have a fixed rate account that has matured, take a look at the information below. Click on the links for the full tables.
High Interest Paying Current Account Nationwide – 4.89%
Easy Access BM Savings – 1.60%
Fixed Rate Bond Secure Trust Bank – 3.11% (5 Years)
Variable Rate ISA Teachers Building Society – 1.65%
Fixed Rate ISA Skipton Building Society – 2.50% (5 Years)
Notice Accounts Shawbrook Bank – 1.60%
Monthly Income FirstSave – 3.04% (5 Years)
Regular Savings First Direct – 6%
Children’s Accounts Halifax – 6% (regular saver)
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