Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New Fixed Rate Bonds & Sharia Compliant Accounts

Author: Anna Bowes
22nd December 2017
Today, we have seen movement in both our Fixed Rate Bond and Sharia Account Best Buy Tables.
 
Paragon Bank has launched a new version of its 2 Year Fixed Rate Savings Account, paying a market-leading rate of 2.05% gross/AER. This matches the interest rates already on offer from both Axis Bank UK* and The Access Bank UK*.
 
Bank of London and the Middle East (BLME)* has improved the rate on offer on its 5 Year Premier Deposit Account to 2.55% gross/AER. It is important to note that, to comply with Sharia Law, the account pays an expected profit rate, rather than interest.
 
For more information on the accounts above and other options available, please click on the links below to view our best buy tables.
 
If you would like any help with your savings, call us today on 0800 011 9705. We'd love to hear from you.