Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to open an account today. Products shown with a yellow background are sponsored products.
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme. The maximum level of protection will be reducing from £85,000 to £75,000 from 1 January 2016.
For savers looking for a medium term home for their money, a 2 year fixed rate bond can offer a reasonable interest rate, without tying up your money for too long.
When you take out a fixed rate bond, you should also have considered what you think will happen to interest rates:
Many 2 year fixed rate bonds will not allow early access to your savings before the end of the term.
It’s important that you’re satisfied that you won’t need to make a withdrawal for the duration of the bond. Where access is allowed, it will normally come with a big interest penalty.
Savings home Search all savings accounts
Stay in the know with all the latest information, of-the-moment consumer trends, best-in-class products & providers and helpful tools from Moneyfacts.
Monthly Savings PlanFind out what your regular savings plan could be worth.
Lump Sum InvestmentsUse our interest calculator to work out what interest you could earn on your lump sum. Find out what your lump sum investment plan could be worth.
Easy-access savings accounts are as simple as they sound – they allow you to access your money whene... More
Squeezed household incomes mean that more and more of us are relying on family members for financial... More
Savers, we’ve got some great news – signs of life are cropping up all over the place in the savings ... More
News for savers over the last few years has been dreary to say the least, but it finally seems as th... More
Research from Moneyfacts.co.uk has found that more and more ‘easy’ access deals are imposing restric... More
Islamic savings accounts offer a Sharia’a-compliant way of saving for Muslims living in the UK, as w... More
Find out where your bank or building society is licenced, and what deposit protection guarantees you... More
With some forecasters predicting interest rate cuts by November 2012, we look at the pros and cons o... More
Kent Reliance has increased the rate of its 60-day notice savings account by 0.25%, giving it a mark... More
West Brom Building Society has unleashed a new easy access account onto the market, earning an ‘exce... More
Close Brothers Savings has secured another chart place with its new five-year fixed rate deal, which... More
Saga has increased the tiered rates paid on its three-year fixed rate deal, enabling it to establish... More
ICICI Bank UK has unveiled a new competitive easy access savings account, securing a prized place on... More
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.