Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 More improvements from newly launched PCF Bank!

Author: Anna Bowes
02nd August 2017

Savings Champion Rate Alert

Wednesday 2nd August 2017

  

 

Despite launching less than 10 days ago, PCF Bank has improved rates across its savings range again.

These are encouraging signs from this new provider, with the latest range of its fixed term deposits competing for the top spot in each of our respective best buy tables.

The provider's 3 Year Term Deposit and 4 Year Term Deposit have powered to the top of the respective tables, whilst its 5 Year Term Deposit has joined Vanquis Bank atop our table 5 year table.

Amongst shorter fixed periods, its 2 year account has joined a number of providers all offering the market-leading rate of 2.05% gross/AER.

Meanwhile its 1 year product, paying 1.81% gross/AER, sits second only to the market-leading rate from Shawbrook Bank (1.90% gross/AER).

Finally from PCF Bank, a new version of its 100 Day Notice Account, paying 1.45% gross/AER, has secured the provider a position in our notice account best buy table.

For those requiring more access to their funds, please refer to our easy access best buy table for the current market-leading rates.

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

Vanquis Bank (5 years)

2.50%

Variable Rate ISAs

Charter Savings Bank (120 days notice)

1.25%

Fixed Rate Cash ISAs

Charter Savings Bank (5 years)

2.15%

Notice Accounts

Secure Trust Bank (180 days)

1.65%

Monthly Income

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.