With interest rates slowly back on the rise, we examine the best savings accounts and Isa accounts on offer in 2019.
Shawbrook Bank has raised the rate on its easy-access account for new savers to 1.43%. It is the top rate on offer without a short-term bonus to boost the initial rate, or any limits to the number of times that you can take money out of your account.
The next best rate is only a whisker below, at 1.42% from Ford Money.
The top rate including a bonus comes from ICICI Bank’s HiSave Bonus at 1.55%, available until 14 February.
On fixed-rate bonds, the top one-year rate is 2.01% from OakNorth Bank, closely followed by Ford Money, Tandem, Aldermore Bank, Investec Bank, Atom and Masthaven Bank, which all pay 2%.
You can earn a top 2.15% interest rate, fixed for 18 months, with Masthaven or Investec banks, while the best two-year rate on offer is 2.31% from OakNorth Bank.
The top rate on easy-access cash Isas comes from Virgin Money at 1.45% through its Double Take Isa, but you are limited to two withdrawals a year. The top rate with no withdrawal restrictions is 1.43% from Paragon Bank.
On fixed-rate cash Isas, Cynergy Bank pays 1.73% for one year. The next best rate is Coventry Building Society's 1.7%, although you have to tie up your money until 31 May next year.
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Really helpful and quick to access the information I was seeking. Thank you