🔔 Rate Alert: Easy access rates plateau?

Author: Anna Bowes
28th November 2017

Over the last few months we have seen regular competition between providers in the easy access market. However, for the last week or so we have seen the rates hold steady, with few new entrants to the best buys.

 

 

 

As we approach the start of December, we are poised to see a multitude of providers increase rates across their existing savings range - due to the Bank of England base rate increase. So we will see what effect (if any) this has on the best buys.

 

 

 

In the meantime, we continue to see the ever-present RCI Bank^ atop our easy access table.

 

 

 

The provider's Freedom Savings Account* is kept company by Birmingham Midshires' Internet Saver Account (both paying 1.30% gross/AER).

 

 

 

It is important to be aware that, although these accounts are paying the same rate, the Internet Saver Account reverts to a much lower-paying account after the first 12 months.

 

 

 

For more information on the above accounts and other options available, please click on the links below.

 

 

If you would like any help with your savings, call us today on 0800 011 9705. We'd love to hear from you.

 

 

 

Best Savings Deals Available Today

 

 

 

High Interest Current Accounts 

 

Nationwide
Best Rate (AER): 5.00%
Apply here >>

 

 

 

Fixed Rate Bonds

 

Paragon Bank
Best Rate (AER): 2.50%
Apply here >>

 

 

 

Fixed Rate ISAs

 

Leeds Building Society*
Best Rate (AER): 1.85%
Apply here >>

 

 

 

View all the best rates on the market >>

 

High Interest Current Accounts
Easy Access
Fixed Rate Bonds
Variable Rate ISAs
> Fixed Rate ISAs
Notice Accounts
Monthly Income
Regular Savings

Children's Accounts

Junior ISAs
Help to Buy ISAs
Sharia Accounts
Business Easy Access
Business Fixed Rate Bonds
Business Notice Accounts

 

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 011 9705 to discuss your savings with one of our expert advisers.

 

 

 

Ensure you get the best rates
Our free Rate Tracker © service monitors the rates on your existing savings accounts and compares them to the whole savings market. We'll then send you a notification when your rates are changing and let you know how they compare to the very best accounts available in the market.

 

Sign up to Rate Tracker for FREE >>

 

 

 

†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.

*We are occasionally paid by some providers if you click through from our Best Buy Tables and open a savings or current account with them. We will never accept a payment that compromises in any way our independent, whole of market approach to providing information on savings products. For clarity we will indicate those companies who remunerate us with an asterisk (*).

^Deposits held with RCI Bank are covered up to the value of €100,000 by the FGDR, which is the French equivalent of the UK Financial Services Compensation Scheme (FSCS). For more information on this, please call one of our advisers.