The good news keeps on coming for cash savers with no let up in competition in the savings market, resulting in a wide choice of very competitive interest rates.
With the Bank of England struggling to bring inflation under control we expect to see even better deals for savers in the coming weeks.
Whether you’re looking for a home for your emergency savings or to lock your cash away in a fixed rate bond to achieve a better return, there are plenty of good options to choose from.
If your money is sitting in a high street bank account earning next to nothing now is the time to move your cash to an account that pays a best buy rate and puts extra in your pocket – it only takes a few minutes to open a new savings account online – so why wait a minute longer – grab yourself a higher rate.
Rates are changing every day at the moment, but here are some of the best deals as of 3.00pm today 6th June 2023
Easy Access Savings
Fixed Rate Bonds
- 5.26% SmartSave (1 Year)
- 5.16% Shawbrook Bank Bank (1 Year)
- 5.25% OakNorth Bank (2 Years)
- 5.25% Tandem Bank (2 Years)
- 5.20% United Trust Bank (3 Years)
- 5.10% Hampshire Trust Bank (3 Years)
- 5.35% Tandem Bank (5 Years)
- 5.15% United Trust Bank (5 Years)
Deposits with the above providers are protected up to a total of £85,000 per individual by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme