Savings round up - 8th December
08/12/2025
All eyes are on next Thursday's Bank of England decision on Base Rate with financial markets expecting Base to be cut to 3.75%. Given that markets are pricing in a further cut in 2026 to 3.50%, interest rates on fixed savings look particularly good value. We do however expect this to change should Base drop next week. 3 and 5 Year Fixed best buys have taken a tumble in the past fortnight with the longer term expectation is for Base to be around 3.50% for the next five years. There's still plenty of opportunity to fix at attractive rates ahead of that meeting and Christmas itself. Here's our round up of the leading providers and rates in each category:
Monument Bank remain the best buy paying 4.51%. This includes a 0.74% bonus for 12 months. Chase are next paying 4.50% - but a huge 2% of this is via a 12 month bonus rate. Cahoot, part of Santander, pay 4.40% and are ahead of Shawbrook's Bonus Rate account, which pays 4.34% with 2.25% of the rate being a 12 month bonus. Savings app Snoop pays 4.25% after its rate cut. Estonian bank, LHV, launch their first easy access also paying 4.25%. Shawbrook have a new customers only account paying 4.18%, the same rate as Charter Savings who have no such restriction. Kent Reliance pay 4.17% and Family Building Society pay 4.14% to complete the top 10.
OakNorth's 95 Day Notice pays Base +0.47% and leads the way after Oxbury withdrew from the market. StreamBank pay 4.45% on 90 Days before a drop to GB Bank, who pay 4.33% on 120 Day Notice. Market Harborough pay 4.25% for 145 Days Notice and 4.20% for 130 Days. Investec pay 4.17% for 90 Days.
Al Rayan Bank pay a best buy 4.35% for 6 Months on Meteor's savings platform. National Bank of Egypt pay 4.31%, via Raisin, following their increase this morning. Monument Bank pay the same rate following their cut.
OakNorth Bank pay a best buy 4.31% for 9 Months Fixed, following their increase this morning, just ahead of Al Rayan Bank's 4.30% on Meteor Savings and LHV Bank.
Al Rayan Bank pay a best buy 4.55% via Meteor Savings. Investec Bank pay 4.50%, after they surprised the market with a big increase in their rate. Estonia's LHV Bank pays 4.46%, DF Capital improve their rate to 4.45% and Habib Zurich remain at 4.44%. National Bank of Egypt increase to 4.42% and move alongside Vanquis Bank. Al Rayan Bank, Chetwood and GB Bank are locked at 4.40%.
JN Bank lead the way paying a reduced 4.35% for 15 Months Fixed. There's a drop then to FirstSave paying 4.25% and Secure Trust Bank offering 4.20%. Cynergy Bank also pay 4.20% - for 15 and 18 Months Fixed. Gatehouse Bank pay 4.15%.
DF Capital lead the way at 4.41%, following Secure Trust's withdrawal this afternoon. Vanquis pay an improved rate of 4.38% and move ahead of JN Bank who remain at 4.34%. Kent Reliance move up to fourth with an improved rate of 4.27%. RCI Bank pay 4.25% alongside GB Bank, Ford Money and FirstSave.
3 Year rates have dropped almost 0.20% with Kent Reliance now the best buy paying 4.26%. FirstSave and JN Bank pay 4.25% and UBL pay 4.21% via Raisin and direct. RCI Bank pay 4.20% as do GB Bank. Chetwood Bank and NS&I both pay 4.16%.
UBL Bank pay a best buy 4.26% via Raisin and direct. JN Bank are just behind at 4.25% before a big drop to Vanquis at 4.05%. United Trust Bank pay 4% alongside Gatehouse Bank and Cynergy.
Chetwood Bank pay a best buy 4.30% ahead of UBL Bank at 4.26%. JN Bank also pay 4.26% with Hampshire Trust Bank improving their rate to 4.22%. GB Bank pay 4.20% and Atom offer 4.15% alongside Castle Trust Bank and Close Brothers.