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Paragon Bank

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  • Rich2808
    Rich2808 Posts: 1,385 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 16 February 2021 at 6:18PM
    frazzy73 said:
    I was going to ask about Paragon and I'm glad someone else did, it does seem to have positive reviews on here compared to elsewhere. I think I will consider it further.
    I can recommend Paragon - very efficient, easy to use, fast transfers externally and internally, good mix of products, generally close to market leading rates and few hassles. Plus their isas are all split/flexible so you can open multiple cash isas each year to mix your £20k isa allowance between fixed and instant access if that is useful for you.
    They have been cutting rates recently on old accounts however - and generally only give 2 weeks notice when reducing instant access rates.

    Sadly no 1.3% one year fixed rate savings accounts - we may have to wait years to see those again! They are offering 0.5% (0.45% for a one year fixed ISA).
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