Challenger banks remain top of the best buy tables and are unlikely to be disolged anytime soon.
Big banks and building societies continue to cut rates, propelling the newer banks to the top of the best buy tables on fixed rate bonds.
The top-paying one-year bonds come from Swedish-owned Ikano Bank and online Atom Bank at 1.4 per cent before tax (1.12 per cent after tax), closely followed by Charter Savings Bank at 1.38 per cent before tax (1.1 per cent after tax).
With Atom you have to run your account on your phone through its app; with Ikano your money is covered by the Swedish compensation scheme rather than our home-grown Financial Services Compensation Scheme. Unlike most European deposit protection schemes, which give you €100,000 (£85,000) of cover, Sweden's covers UK depositors up to £75,000 per person.
Best deal in the high street comes from Metro Bank at 1.2 per cent (0.96 per cent), while traditional high street banks and building societies pay less. Leeds BS pays 0.9 per cent (0.72 per cent) and Nationwide 0.8 per cent (0.64 per cent).
Atom and Ikano banks pay 1.55 per cent (1.24 per cent) for two years, and Charter Savings Bank and Secure Trust offer 1.51 per cent (1.21 per cent).
On easy-access accounts, 1 per cent (0.8 per cent) is the top online rate on offer from RCI Bank, with your money covered by the European compensation scheme. The next best deal is 0.8 per cent (0.64 per cent) from Kent Reliance and Newcastle Building Society.
National Savings & Investments Income Bonds pay a top 1 per cent (0.8 per cent), but you have to take the interest each month – it can’t be added to your account.
The top deal on tax-free easy-access cash Isas is 1.1 per cent tax-free from Coventry Building Society, but you can’t transfer your existing cash Isas into this account. The top deal which accepts transfers is 0.95 per cent from Sainsbury’s Bank.
On fixed rate cash Isas the top one-year rate comes from Tesco Bank at 1.11 per cent, followed by Hodge Bank at 1 per cent. Aldermore Bank pays a top 1.15 per cent for two years.