Challenger Banks

typistretired

But only £200, £250, £300, £500 per month. I myself would like these 'High Rates' for larger lump sums. £1,000 per month would be good.

antrobus

typistretired wrote: »

Oaknorth 1.76% 6 months, 1.93% 1yr, 2.04% 2 yrs

Masthaven 1.73% 6 months, 1.78% 1 yr, 2.03% 2 yrs

Marcus also pays 1.50% on an easy access account.

I currently have a Metro fixed saver paying 1.70% for 1 yr

So the rates above bank rate are there

See here;
https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Most of those rates you quoted could be beaten.:)

antrobus

typistretired wrote: »

I know the banks are making mugs of us. Paying us dismal rates (because of them receiving funding from the government) ...

The BoE actually. Both the TFS and the FLS are now closed to new business. And if you look down the list of those institutions who benefited, you will see a lot of them are challenger banks.

https://www.bankofengland.co.uk/markets/funding-for-lending-and-other-market-operations

typistretired wrote: »

...
but charging high rates for mortgages and overdrafts

Are you kidding? Mortgages are cheap. Today you could get one for 1.5% - CPI is 2%. You are being paid to borrow.:)

Zanderman

typistretired wrote: »

I know about the other thread but mine is about getting those with the best interest rates.

The rates you've quoted - the ones over 1.5% - are all fixed term and can all be beaten by other fixed term savers with banks you haven't mentioned. So you're not getting the best interest rates.

typistretired

Fine for six months