Savings round up - 29th June
29/06/2026
The Bank of England's decision to hold rates was no surprise but the 7-2 majority vote, with two in favour of a hike to 4%, has given hope to an increase to 4% at the next meeting at the end of July. We think that's unlikely and expect another split decision before a rise in September at the earliest. Financial markets are pricing in one increase to 4% before the year end but with December having the best odds in favour of this. What the decision has done is temper rate rises in the market. While we've seen some improvements on easy access pricing, fixed rates have started to fall. Granted the headline best buy rates are holding up but the providers queuing up behind those best buy rates have been quietly pulling back or withdrawing. This is a trend we expect to continue - that's not to say there will be a collapse in pricing. But we do expect to see some easing back on fixed rates over the summer, unless there's a negative turn of events in Iran or another global shock. Here's our round up of the leading providers and rates in each category:
Oxbury Bank have shot to the top of the best buys with a 5.01% rate. However, it includes a 1.50% variable bonus rate until 24th December, the first time we can recall the bonus rate being variable, and is only open to new customers. Revolut are paying 5% for easy access but given this is only until 4th December and capped at £25,000, we have excluded it from our tables. Chase remain at 4.50% - but a huge 2% of this is via a 12 month bonus rate. Coventry Building Society have launched a new triple access account paying 4.30%, replacing their Four Access saver which paid 4.15%. Ulster Bank's Limited Edition account also pays 4.30% - this comes with a 12 month bonus, of 2.75%. ThisBank (previously JN Bank) pay 4.28% on their triple access account - their first foray in to this market. Cynergy Bank pay 4.23% with 2% as a 12 month bonus. Secure Trust Bank pay a straight 4.21% on their easy access account. Yorkshire Building Society pay 4.20% but their online account is restrictred to three withdrawals per year.Hamphire Trust Bank pay 4.18% - as they make a small reduction to their straightforward easy access account. Cahoot stay priced at 4.17% to complete the top ten.
GB Bank have seized top spot, lauching a 150 Day Notice paying 4.38%. BLME are next with their 90 Day Notice paying 4.37%. StreamBank's 90 Day Notice pays 4.35% before a drop to Stafford Building Society's 180 Day Notice paying 4.26% - however only two withdrawals are permitted per Society year. QIB Bank pay 4.25% for 95 Days Notice via Raisin. Market Harborough Building Society are back in paying 4.26% too but for 160 Day Notice. Hampshire Trust Bank launch a 95 Day Notice Base Rate Tracker paying 4.22%. Secure Trust Bank pay 4.21% for 95 and 90 Day Notice - the 95 Day Notice being a Base Rate Tracker at 0.46% above Base. Perenna Bank pay 4.20% on 90 Day Notice via Raisin to complete the top 10.
Chetwood Bank pay a best buy 4.40% for 6 Months Fixed with Oxbury Bank just behind at 4.36% and GB Bank and Atom Bank both paying 4.35%.
Union Bank of India pay a best buy 4.47% for 9 Months Fixed and United Trust Bank are next at 4.42% for 9 Months Fixed as the best direct rate. Perenna Bank pay 4.40% for 9 Months via Raisin as do Atom Bank.
Marcus lead the way paying 4.90% as they move ahead of MBNA, who continue to pay 4.85%. JN Bank remain at 4.82% but StreamBank improve their rate to 4.81%. AlRayan Bank pay 4.80% via Meteor Savings. Union Bank of India pay 4.76% ahead of GB Bank at 4.73%. Afin Bank, Close Brothers and Recognise Bank are all tied at 4.70%.
Union Bank of India pay a best buy 4.76% ahead of United Trust Bank pay 4.60% on their 15 Month Fixed with Perenna Bank via Raisin paying 4.55%. Aldermore Bank via Raisin,Aldermore on Hargreaves Lansdown pay 4.50% as do Tesco Bank.
Afin Bank lead the way paying 4.85% with GB Bank and JN Bank just behind - both tied at 4.82%. Chetwood Bank pay 4.77% and Union Bank of India pay 4.76%. RCI Bank are a whisker behind at 4.75% with Hodge Bank paying 4.71%. Hampshire Trust Bank remain at 4.77% alongside Chetwood Bank. Union Bank of India and Close Brothers are tied ahead of a trio of providers at 4.70%.
Afin Bank top the pile paying 4.85%, a whisker ahead of Oxbury Bank at 4.83% and JN Bank at 4.82%. GB Bank pay 4.80% too with Chetwood Bank offering 4.78% and Coventry Building Society paying 4.75%. Atom Bank and Close Brothers are tied at 4.70% while RCI Bank drop to 4.65% via Raisin and pay the same rate direct.
JN Bank pay a top rate of 4.82% and are clear of Aldermore Bank at 4.61%. Oxbury Bank are next paying 4.58% with RCI Bank paying 4.50%. There's a drop then to Perenna Bank's new 4 Year on Raisin which pays 4.40%.
Afin Bank pay a market leading 4.90% ahead of Oxbury Bank at 4.88%. JN Bank offer 4.82% with Chetwood Bank at 4.81%. Atom Bank and Close Brothers are tied at 4.75%. Aldermore Bank pay 4.65% alongside Hodge Bank.