Easy access savings accounts
|
Account type |
Product name |
Interest rate |
|
Easy access |
Beehive Money Limited Issue Easy Access Issue 2 |
5.15% |
|
Easy Access |
Ulster Bank Loyalty Saver |
5.20% (balances above £5,000) |
|
Instant access |
Metro Bank Instant Access Savings |
5.22% |
Notice savings accounts
|
Account type |
Product name |
Interest rate |
|
7-day notice savings account |
Monument Bank 7 Day Notice Account |
5.10% |
|
14-day notice savings account |
RCI Bank E-Volve Savings 14 Day Notice Account Monthly |
4.80% |
|
30-day notice savings account |
FirstSave 30 Day Notice Account Monthly |
5.00% |
|
35-day notice savings account |
Monument Bank 35 Day Notice Account |
5.22% |
|
60-day notice savings account |
Monument Bank 60 Day Notice Account |
5.41% |
|
90-day notice savings account |
Oxbury Personal 90 Day Notice Account – Issue 10 |
5.51% |
|
95-day notice savings account |
Hampshire Trust Bank 95 Day Notice Account Issue 14 |
5.51% |
|
120-day notice savings account |
Shawbrook 120 Day Notice Personal Account Issue 54 |
5.56% |
|
180-day notice savings account |
Oxbury Personal 180 Day Notice Account – Issue 15 |
5.59% |
|
200-day notice account |
United Trust Bank 200 Day Notice Deposit (Issue 2) |
5.58% |
Fixed-rate bonds
|
Account type |
Product name |
Interest rate |
|
1-year fixed-term |
Metro Bank Fixed Term Savings Account – 1 year |
5.80% |
|
2-year fixed-term |
Union Bank of India 2 Year Fixed Rate Deposit |
5.70% |
|
3-year fixed-term |
JN Bank 3 Year Fixed Rate |
5.50% |
|
4-year fixed-term |
JN Bank 4 Year Fixed Rate |
5.50% |
|
5-year fixed-term |
JN Bank 5 Year Fixed Rate Bond |
5.50% |
Cash ISAs
|
Account type |
Product name |
Interest rate |
|
Instant Access |
Metro Bank Instant Access Cash ISA |
5.11% |
|
Notice |
Mansfield eSaver 180 Day Notice Cash ISA (1st Issue) |
5.30% |
|
1-year fixed-term ISA |
Metro Bank 1 Year Fixed Rate Cash ISA |
5.71% |
|
2-year fixed-term ISA |
UBL 2-Year Fixed Rate Cash ISA |
5.25% |
|
3-year fixed-term ISA |
The Nottingham Fixed Rate ISA Issue 157 |
4.9% |
Lucinda O’Brien, money.co.uk’s savings expert, encouraged to savers to take advantage of recent changes to ISA rules.
She explained: “After last week’s Autumn Statement revealed an ISA reform was coming in 2024, this tax-free savings account has been a hot topic of conversation.
“The good news is that ISAs will soon become a lot more flexible and savers will be able to chase the best rates easily.
“So, it’s a good idea to explore this savings account now and keep an eye on the rates before the changes in April.”
The savings expert went into detail about what this week’s savings interest rates mean for those looking bolster their finances.
Ms O’Brien added: “Currently, the top rate for an instant access cash ISA is 5.11 percent from Metro Bank, or if you prefer a fixed-rate ISA, Metro Bank is offering 5.71 percent for a one-year fixed.
“This provider is actually offering competitive rates across the board as Metro Bank also has the top rate for a one-year fixed-rate account at 5.80 percent.
“Its easy access account is also competitive at 5.22 percent. Unfortunately, the days of six percent rates have disappeared, but it’s still worth comparing saving accounts to find the best deal.”
