Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 Pensioner Bond Special

Author: Anna Bowes
21st January 2016

Savings Champion Rate Alert

Thursday 21st January 2016

Is your Pensioner Bond due to mature?

This week, customers will start maturing from the 1 year 65+ Guaranteed Growth Bond with NS&I, which paid a market leading 2.80% gross/AER. For those looking to stay with NS&I, the rates on offer are disappointing, with plenty of higher paying alternatives available.

As a result, we have received numerous enquiries asking for help finding a better option, so we thought that the handy table below would be a good starting point.

Of course, if you would like further information or have any other questions about your savings, please contact us on 0800 321 3581

Term Provider Account Name AER
1 Year RCI Bank* 1 Year Fixed Term Savings Account 2.06%
2 Year RCI Bank* 2 Year Fixed Term Savings Account 2.35%
3 Year RCI Bank* 3 Year Fixed Term Savings Account 2.70%
4 Year Bank of Baroda Baroda MAX Fixed Rate Online Bond - 4 Year 2.65%
5 Year Secure Trust Bank Fixed Rate Bond 5 Year Term (Series 26) 3.11%
Click here for the full best buy tables »

For more alternatives, including Sharia compliant accounts, please feel free to contact us. 

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 Savings Champion on 0800 321 3581

Best Buy Tables Best Accounts Best Rates (Gross)
High Interest Paying Current Account Nationwide Building Society and TSB Bank 4.89%
Easy Access RCI Bank * 1.65%
Fixed Rate Bond Secure Trust Bank (5 years) 3.11%
Variable Rate ISA Mansfield Building Society 1.55%
Fixed Rate ISA United Bank UK (5 years) 2.55%
Notice Account Paragon Bank 1.96%
Monthly Income FirstSave (5 years) 3.02%
Regular Savings First Direct and Marks & Spencer 6.00%
Children’s Account Halifax (regular saver) 6.00%
Junior ISA Halifax 4.00%
Help to Buy ISA Halifax 4.00%

* 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.