Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

🔔 🔔 Resurgent Virgin Money returns to multiple best buy tables

Author: Anna Bowes
07th March 2018
Virgin Money has increased the rate on a number of its accounts and subsequently joins RCI Bank leading the easy access best buy table.
 
Virgin Money's Double Take E-Saver Issue 4 now pays 1.30% gross/AER and the increase has also been passed to existing account holders.
 
Although now offering the top rate, it is important to note that you are limited to just two withdrawals each year.
 
Alternatively, RCI Bank's Freedom Savings Account (also offering 1.30% gross/AER) is free from any withdrawal restrictions.
 
Virgin Money also increased the rate offered on its Easy Access Cash ISA and now pays 1.21% tax free/AER, losing out only to Nationwide's restrictive Single Access ISA (paying 1.30% tax free/AER).
 
Meanwhile, United Trust Bank launched new versions of its four and five year fixed rate cash ISAs.
 
The provider's new five year account pays the joint market-leading rate of 2.25% tax free/AER, although it is key to note that you can only transfer funds in, no new non-ISA funds can be deposited.
 
For further information on these accounts or to view other leading rates, please click here.
 
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
 

Fixed Rate Bonds
 
Masthaven*
Best Rate (AER): 1.90%
Apply here >>
 
Ikano Bank~ 
Best Rate (AER): 2.26%
Apply here >>
 
Ikano Bank~
Best Rate (AER): 2.52%
Apply here >>
 

Notice Accounts
 
Secure Trust Bank
Best Rate (AER): 1.66% (180 days)
Apply here >>
 
Secure Trust Bank
Best Rate (AER): 1.46% (90 days)
Apply here >>
 
View all the best rates on the market >>
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.

~Deposits held with Ikano Bank are covered up to the value of £85,000 by the Swedish Deposit Insurance Scheme, which is the Swedish equivalent of the UK Financial Services Compensation Scheme (FSCS). For more information on this, please call one of our advisers.