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Savings round up - 20th June

Savings rates continue to rise with Aldermore improving easy access rates, BLME take top spots on fixed rate bonds and some very strong ISA rates from Leeds and Virgin.  We've rounded up the key changes and the leading rates.

Easy Access

UBL's account paying 1.52% on Raisin has been withdrawn this morning so Chase move back to top spot.  In last week's column, I said that I expected to see upwards movement and Aldermore have duly provided it.  They now pay the best rate, which doesn't require a current account to be opened, with their Double Access Saver paying 1.40% and their unlimited withdrawls easy access account paying 1.35% - moving them up to 2nd and 3rd in the tables respectively. 

Aldermore were not the only bank increasing rates last week with mobile app bank, Atom, also moving up to 1.35% on their instant saver and RCI Bank increasing their rate to 1.32%.  With 14 providers now paying 1.25% - 1.35%, there still looks scope for more increases this week too.


Oxbury Bank have dislodged UBL from top spot with improved rates on their 120 Day (1.90%) and 95 Day (1.80%) notice accounts. However, UBL at 1.76% for 95 days notice via Raisin, may well be better for new savers as Raisin are also paying a £25 sign up bonus via our site, giving a return the equivalent of 2.01% for a saver depositing £10,000 in the first year.  QIB also pay 1.70% for 95 Days with PCF Bank and DF Capital also at 1.70%, but they want 180 Days and 120 Days respectively, for notice.

1 Year Fixed

Atom Bank are the new leaders paying 2.60%, with Cynergy Bank now demoted to 2nd at 2.57%.  Ahli United Bank, which is only available on Raisin, are third paying 2.55%.  Oxbury are 4th at 2.51% ahead of a pack of nine providers all paying 2.40% - 2.50%.  This looks too tight and we expect to see some of those providers breakout above that range, particularly given the base rate increase.

18 Month Fixed

BLME are setting the pace, after improving their rate to 2.70%.  They have knocked QIB, who pay 2.55%, down to 2nd spot with Oxbury close behind at 2.52%.  

2 Year Fixed

2 Year rates jumped significantly in the week with BLME leading the way at 3%, ahead of SmartSave Bank, part of Chetwood Financial, paying an improved rate of 2.91%.  Atom Bank sit third on 2.90% with all three providers ahead of last week's best buy rate of 2.89%.   

3 Year Fixed

BLME lead the way with an improved rate of 3.05% but PCF lead the chasing pack at 2.95%.  SmartSave just claim third spot at 2.91% with Ahli United Bank and United Trust Bank next at 2.90%.

4 Year Fixed

4 Year rates jumped a huge 0.20% on the week with BLME now taking top spot paying 3.10%.  Previous leader, United Trust Bank, despite also improving their rate to 2.92%, sit second ahead of DF Capital at 2.90%.

5 Year Fixed

Having reached 3% for the first time since April 2019, BLME have blown everyone away with a new best buy rate of 3.25%. Ahli United Bank lead the chasing pack at 3%, via Raisin, alongside PCF Bank with United Trust Bank next best at an improved rate of 2.95%.



Having been relegated to fourth spot, Paragon Bank, improved the rate on their Triple Access ISA to 1.35% to regain top spot.  Cynergy Bank (1.31%) drop to second with with Marcus and Saga sharing third spot.

1 Year Fixed is lead by Virgin Money, who have upped their rate to 2.06%.  UBL are second at 2.01% with Secure Trust Bank third at 1.91% with a significant gap back to OakNorth at 1.77%.

2 Year Fixed is also led by Virgin Money, at 2.36%, who sit ahead of Shawbrook at 2.33% and UBL at 2.31%. Secure Trust are close behind at 2.30%.

3 Year Fixed is very tight with Shawbrook taking top spot with a best buy of 2.38% ahead of UBL at 2.36% and Secure Trust at 2.35% 

5 Year Fixed sees UBL top at 2.60% with a big drop down to Shawbrook (2.42%) and Buckinghamshire Building Society (2.40%).

However, the best fixed ISA actually comes from Leeds Building Society.  They have a limited edition 30 Month Fixed rate paying a huge 2.75%!

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