November 2019: what are the best savings account rates?

With interest rates slowly back on the rise, we examine the best savings accounts and Isa accounts on offer in 2019.

Interest rates on fixed-rate bonds continue to fall. This month, the top one-year bond rate has dipped below 2% for the first time in 18 months, according to researchers Moneyfacts. 

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The top one-year fixed-rate bond now stands at 1.8% via Metro Bank. United Trust Bank follows with 1.76%.

For two years, you stand to earn a fraction more with the best rate of 1.85%, which is available through Aldermore Bank.

On easy-access accounts, Charter Savings Bank has upped its rate for new savers to 1.41%.

The best rate on offer is 1.46% through Coventry Building Society’s Triple Access Saver. But the account limits you to three free withdrawals a year. It also includes a 0.31 percentage point bonus until March 2021.

The Marcus account from Goldman Sachs pays 1.45% with no withdrawal restrictions, but it carries a 0.1 percentage point bonus for a year, after which the rate drops to 1.35%.

For easy-access cash Isas, The Family Building Society’s Market Tracker Isa 2 pays 1.34% - a top rate for new savers. You can earn marginally more through Virgin Money’s account, which pays 1.36%, as long as you are happy to limit withdrawals to two a year.

The best one-year fixed-rate cash Isa rate is 1.5% via Aldermore Bank, or 1.45% through Hampshire Trust Bank. For two years, Aldermore, Hampshire Trust, and Metro Bank all pay 1.6%.

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Comments

Excellent Website

I've just come across your website and was pleasantly surprised at the straight forward, no frills, information provided with regard to easy access savings accounts. Well done and thank you.

Website

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Marcus 1.5% - Review & Renew Bonus

If you have a Marcus account that is nearing the end of its bonus period it is possible to reset it for another year. Just go to Account Activity Details and scroll down past all the transactions to the 'Review your savings' link.

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