Savings Accounts: The Best Currently Available News!

ejv

Online, Easy access, unlimited withdrawals and remittances:

Santander 3.20%

ING 3.19%

alanq

ejv wrote: »

Santander 3.20%

ING 3.19%

Thanks but both of these have already had a mention in this thread.

ejv

Sorry
Oh there it is...its up there...now I saw it..
Should have gone to specasavers!!!

dhs87

alanq wrote: »

Coventry Building Society
3.65% Fixed Rate until 31/12/2013 No early access
http://www.coventrybuildingsociety.co.uk/savings-and-investments/bond/bond.aspx

This is a bond, not a savings account?

alanq

Fixed rate / Fixed term savings accounts are commonly referred to as "bonds". They have FSCS protection like any other savings accounts - unlike corporate bonds which are investments.

soulsaver

Information for PNBIL Premium Deposit Scheme
• The Scheme is available for depositors aged 18 years and over.
• Minimum Deposit : £1000, no maximum limit
• The Scheme is available in GBP only
PNBIL is FSCS covered for UK deposits.

Interest Rates
PERIOD INTEREST RATE (A.E.R)
1st Year 3.00%
2nd Year 4.20%
3rd Year 4.70%
4th Year 5.30%
5th Year 5.80%
(Contact your local branch for interest rates for more than 1 million deposit amount)
• The applicable interest will be added to the deposit on yearly basis till maturity
• Withdrawal of deposit before 1 year is not permitted.
• After 1 year, the interest will be paid for the completed years of the deposit run.
• After completion of 5 years, investor will be paid the money in full in the linked account or savings account with us and the account will be closed.

This account isn't well reported, and the flexibility isn't well advertised and I couldn't see it on their webby but you phone in and get T&Cs and confirmation the following by email:
A) You can withdraw funds (but must close the account) on an anniversary date without penalty...
... but you can open multiple accounts thereby closing one or two etc, and leave the others to run to maturity or next anniversary.
c) Note though if you need access to funds between anniversaries you'd lose the interest for the elapsed part of the year in which the w/d is made.

http://www.pnbint.com/fixed-deposits.asp

This was available upto yesterday (Friday 29th) as I opened my 3rd bond - they call Premium Product - and may be only available to existing maturing bond holders, existing customers etc. I'm unsure if still available to the wider public due to the clunkiness of their info. Be quick if you are interested.

lucky77

AA 2 year fixed rate bond 3.8%. Min. £1. Access by post. Early withdrawals allowed subject to penalty.
Looks like you need to apply via moneysupermarket to get this rate.

alanq

Secure Trust fixed rate accounts
3.76%, 4.01% and 4.21% for 2 3 and 4 years resp.
No early access. Open online operate by phone/post. Min £1000.
http://www.securetrustbank.com/savings-accounts/our-savings-accounts-hassle-free-savings-accounts-and-fixed-bonds

alanq

Manchester BS Platinum Notice Account (3)
3.36% including 2.00% bonus for twelve months. Branch / Post Minimum £1,000. 60 days notice for withdrawals.
4 withdrawals allowed per year.
http://moneyfacts.co.uk/news/savings/new-manchester-bs-rate-storms-notice-market03072012/

Update: Manchester BS's web site is still showing issue 2 which pays only 3.16%.
http://www.themanchester.co.uk/mbsnew/savings/content/savings_accounts__isa.asp

soulsaver

http://www.regive.org.uk/

ReGive 5% 1 year fix - 60 day notice penalty free!

"Incorporated and registered with the UK Financial Services Authority. FSA Registered No: 31497R (IPS BenCom). HMRC EIS Advance Assurance"

Take care with this; seems exciting and almost too good to be true...

It says its FSA regulated on the home page (above) but is apparently operating under exemptions which means it depositors ARE NOT PROTECTED UNDER FSCS - buried under 'more' in the tabs at the top.

http://www.regive.org.uk/fscs.html

"Due to the FSA and other regulatory exemptions, the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service (FOS) does not apply to the Re-Give savings bond. Therefore, you should not consider this as a protected savings scheme. Please seek appropriate advice if you are unsure. Please also be aware that Re-Give does not provide investment advice".

Bit naughty is that...!

Not saying its risky -I dont know - just not upfront with its facts.. beware if you want FSCS protection - if not, fine.