Building societies have continued to increase their dominance of consistent savings accounts, taking 83 per cent of the top places in a survey carried out by Moneyfacts.
Despite the challenging economic conditions, building societies have increased the gap between themselves and banks when it comes to offering consumers the best returns on their money.
In the same survey two years ago, building societies took 72 per cent of the top places.
In fact, NatWest is the only high street bank to appear in the consistency charts, with its e-Savings account taking fifth place in the internet account (without bonus) over 36 months category.
The most consistent no notice accounts over 18 and 36 month tables are dominated by building societies, with the Beverley Building Society's Postal Account continuing o take top spot in both fields.
Teachers Building Society emerged as the most consistent provider, appearing in four of the charts.
"Building societies continue to increase their dominance of the savings market, with mutuals continuing to play fair with their members, offering the most consistent rates of return," said head of Moneyfacts.co.uk, Louis Kaszczak.
"The lack of presence of high street banks shows that savers need to look further afield to find the most attractive home for their money."
A selection of Moneyfacts consistency charts can be found below.
Internet savings accounts (without bonus)
Most consistent accounts over the last 18 months
Gross % (AER)as at 14.7.09
ICICI Bank UK
Net Savings Issue 7
Direct Internet Savings
e-saver Issue 2
Based on interest earned on £1,000 in 18 months to 2 July 2009
Most consistent accounts over the last 36 months
Gross % (AER) as at 14.7.09
NetSave Instant lll
Norwich & Peterborough BS
NetmasterGold Save ll
Based on interest earned on £1,000 in 36 months to 2 July 2009
Notice savings accounts (without bonus)
Total Interest(Gross)36 months
Save Direct 2nd Issue
Based on interest earned on £10,000 in 36 months to 2 July 2009
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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