Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 New market-leading fixed rate bond launched

Author: Anna Bowes
09th August 2017

Savings Champion Rate Alert

Wednesday 9th August 2017

  

 

The recent addition to the savings market - PCF Bank - has today launched a new 7 Year Term Deposit, paying 2.60% gross/AER. Although not a very common fixed period, this account now offers the market-leading rate.

PCF Bank also continues to hold top honors with Vanquis Bank in both our 4 and 5 year fixed rate bond tables. Both providers pay 2.50% gross/AER on their respective 5 year products and 2.25% gross/AER on their 4 year products.

For further information, and other market-leaders, please refer to our fixed rate bond best buy tables.

For those who prefer or require easy access to funds, the current market-leading rates can be located in our easy access best buy table, where Bank of Cyprus UK rules the roost, paying 1.30% gross/AER on its Online Easy Access Account.

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

Bank of Cyprus UK

1.30%

Fixed Rate Bonds

Vanquis Bank / PCF Bank (5 years)

2.50%

Variable Rate ISAs

Hinckley & Rugby Building Society (120 days notice)

1.20%

Fixed Rate Cash ISAs

United Trust Bank (5 years)

2.10%

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.