Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New fixed rates launched

Author: Anna Bowes
22nd July 2016

Savings Champion Rate Alert

Friday 22nd July 2016

Vanquis Bank has launched new versions of its fixed rate bond range, with the 3, 4 and 5 year fixed rate bonds appearing in our best buy tables.

3 Year Fixed Rate Bond - 1.81% gross/AER

4 Year Fixed Rate Bond - 2.16% gross/AER

5 Year Fixed Rate Bond - 2.20% gross/AER

To see how these accounts compare to the rest of the market, take a look at our Fixed Rate Bond Best Buy Tables.

Earlier this week, a new bond was launched by Virgin Money that should appeal to supporters of Manchester United in particular. 

The 1 year fixed rate bond pays 1.25% gross/AER, but this doubles to 2.50% gross/AER, if Man Utd wins the 2016/17 Premier League.

Whilst better rates are available elsewhere, if you fancy Man Utd's chances, click here for further details.

However, fixed rate accounts do not suit everyone, so if you are looking for more access to your funds, there are competitive rates on offer, a selection of which are included in the table below.

Provider Account Name Balance AER
TSB Bank

Classic Plus Account

£1 - £2,000

 5.00%

Nationwide Building Society

 FlexDirect Current Account

£1 - £2,500

 5.00%
Santander

123 Current Account

£3,000 - £20,000

 3.00%

RCI Bank

 Freedom Savings Account

£100

 1.45%

Charter Savings Bank

 95 Day Notice - Issue 10

£1,000

 1.61%
Full Best Buy Tables »

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 us on 0800 321 3581

Best Buy Table Best Account(s) Best Rate (AER)

High Interest Paying Current Account

TSB Bank /
Nationwide Building Society

5.00%

Easy Access

RCI Bank*

1.45%

Fixed Rate Bonds

Vanquis Bank (5 years)

2.20%

Variable Rate ISAs

Clydesdale Bank / Yorkshire Bank

1.50%

Fixed Rate Cash ISAs

Nationwide Building Society (5 years)

2.00%

Notice Accounts

 Charter Savings Bank

1.61%

Monthly Income

Vanquis Bank (5 years)

2.18%

Regular Savings

First Direct / M&S Bank

6.00%

Children's Accounts

Halifax / Saffron Building Society (Regular Saver)

4.00%

Junior ISAs

Coventry Building Society / Nationwide Building Society

3.25%

Help to Buy ISAs

Buckinghamshire Building Society

3.00%

* 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.