The Top Fixed Interest Savings Discussion Area

Sea_Shell

Ah, I remember now.  I had their 6 month account a while ago.  Worked the same.

2010

ranciduk said:

Shawbrook 1 year now 4.44%

3.55% after basic rate tax.

Better with a 1yr fixed ISA, £20k now and £20k on April 6th.

intalex

No one trying to jump off the page on 2+ year fixes so far...

refluxer

refluxer said:

OakNorth have increased some of their fixed rates, with 4.47% and 4.51% taking them to the top of the 1 and 2-year fix tables respectively.

There appears to be a bit of a battle between OakNorth, Cynergy and Smartsave going on at the moment so I suspect one of the other two will beat OakNorth's rates in the next day or so.

Well that took less than 2 hours... Smartsave are now at 4.48%. While I am starting to find these continuous, tiny, incremental 0.01% increases by certain banks in a bid to stay top of the table rather strange (petty, even), I guess that any competition or rivalry which leads to a general increase in rates is obviously good news for savers.

TiVo_Lad

refluxer said:

refluxer said:

OakNorth have increased some of their fixed rates, with 4.47% and 4.51% taking them to the top of the 1 and 2-year fix tables respectively.

There appears to be a bit of a battle between OakNorth, Cynergy and Smartsave going on at the moment so I suspect one of the other two will beat OakNorth's rates in the next day or so.

Well that took less than 2 hours... Smartsave are now at 4.48%. While I am starting to find these continuous, tiny, incremental 0.01% increases by certain banks in a bid to stay top of the table rather strange (petty, even), I guess that any competition or rivalry which leads to a general increase in rates is obviously good news for savers.

The SmartSave a/c is minimum £10K balance whereas OakNorth is £1 so some people might not find the SmartSave option for them, but for those that have more than £10K, 0.01% probably isn't worth the electricity to power up the laptop.....

bristolleedsfan

https://www.alrayanbank.co.uk/savings/fixed-term

12 Month Fixed Term Deposit

£5,000

4.50%

    

24 Month Fixed Term Deposit

£5,000

4.62%

TiVo_Lad

refluxer said:

refluxer said:

OakNorth have increased some of their fixed rates, with 4.47% and 4.51% taking them to the top of the 1 and 2-year fix tables respectively.

There appears to be a bit of a battle between OakNorth, Cynergy and Smartsave going on at the moment so I suspect one of the other two will beat OakNorth's rates in the next day or so.

Well that took less than 2 hours... Smartsave are now at 4.48%. While I am starting to find these continuous, tiny, incremental 0.01% increases by certain banks in a bid to stay top of the table rather strange (petty, even), I guess that any competition or rivalry which leads to a general increase in rates is obviously good news for savers.

OakNorth have already retaliated. Up to 4.48%!

Sea_Shell

It's like nailing jelly to a wall.   

coastline

This article from 4th March 2008 was updated late yesterday afternoon. Probably means it's updated daily. You can select various options under All Savings Tables.

Best fixed rate savings bonds: Our tables show the top accounts | This is Money

EDIT...It's been updated today 29th March at 5.30pm.

baldeagle09

How safe are sharia accounts?
I notice that Al Rayan have a 2 yr fixed bond at 4.62% and a 1 yr bond at 4.50% (Expected Profit)
However on MSE they are excluded from the top standard rates but are included as 'non-standard' accounts.
I note that they are covered by  FSC scheme up to £85,000
Is perhaps the expected profit not covered by FSCS?
Just makes me slightly wary of investing with them even though they are listed in other comparison sites.
This is money has the addendum - 'This rate is the 'expected profit rate' under Sharia compliant accounts. The bank monitors the target profit on a daily basis to ensure achievability.'
Have many people had experience of the operation of these accounts?