1 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
5.01% | £5,000 / No Maximum | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. Those savers comfortable with this are likely to be attracted by the rate and variety of channels to open and manage their account |
|
5.01% (9 Months) | £1,000 / £85,000 | Branch | Branch |
| This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
5.00% | £1,000 / £250,000 | Branch | Branch |
| London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014 and now look after in excess of £1.63bn of deposits. You can read more about them here |
|
5.06% | £1,000 / £1m | Branch | Branch |
| This product is provided by Aldermore Bank on Active Savings, which is a savings platform, provided by investment giant Hargreaves Lansdown, which offers savers access to a range of products from its partner banks and building societies. |
|
5.00% | £1,000 / £85,000 | Branch | Branch |
| This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
5.25% | £10,000 / £85,000 | Branch | Branch |
| National Bank of Egypt UK was established in 1982 and offers a diverse range of products and services for its customers, including corporate banking, buy-to-let mortgages, retail banking, and trade finance. It is a wholly-owned subsidiary of the National Bank of Egypt, Egypt’s oldest and largest bank. This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
5.15% | £1,000 / £85,000 | Branch | Branch |
| This product is only available via the Raisin UK platform. You can find out more about Raisin here |
|
5.12% | £5,000 / £1,000,000 | Branch | Branch |
| London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here |
|
5.10% | £50 / £100,000 | Branch | Branch |
| Durham based Atom Bank has attracted over £3.2bn of savings since its launch in April 2016. Savers can only access Atom’s products via their mobile app You can find out more about them here |
|
5.10% | £5,000 / £1m | Branch | Branch |
| Wolverhampton based Charter Savings launched in 2015. It is now part of One Savings Bank which looks after a combined £16.6bn across its Charter Savings and Kent Reliance savings brands |
|
5.10% | £10,000 / £2,000,000 | Branch | Branch |
| Close Bank have been trading since 1878, are a FTSE 250 listed company and look after over £6.4bn of savings You can find out more about them here |
|
5.15% | £1,000 / £250,000 | Branch | Branch |
| DF Capital are a specialist commercial bank, based in the UK, lending to Small & Medium sized Enterprises (SMEs) in the UK. They were authorised as a bank in September 2020. You can find out more about them here |
|
5.06% | £5,000 / £250,000 | Branch | Branch |
|
A competitive rate from Investec, the 10th largest bank in the UK
|
|
5.03% | £1,000 / £1,000,000 | Branch | Branch |
| Kent Reliance is part of One Savings Bank, a FTSE 250 listed company, and has 9 branches in Kent and the South East
One Savings Bank has recently completed its merger with Charter Court Financial Services (which includes Charter Savings Bank) and now looks after combined savings balances of £16.6bn |
|
5.07% | £1,000 / £250,000 | Branch | Branch |
| OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises. OakNorth change their rates frequently so move quickly if this rate appeals You can find out more about them here |
|
5.05% | £1,000 / £1,000,000 | Branch | Branch |
| Birmingham based Secure Trust Bank look after over £2bn of deposits. Their products tend not to be able for long so move quickly if this rate appeals. Find out more about them here |
|
5.06% | £1,000 / £2,000,000 | Branch | Branch |
| Essex based Shawbrook launched in 2011 and looks after £7.84bn of savings Find out more about them here |
|
5.16% | £10,000 / £85,000 | Branch | Branch |
| Wrexham based Chetwood Financial got its banking licence at the end of 2018 following a £40m investment from Elliott Advisors. It lends its money to consumers via ‘dynamic loans’ which adapts the rate as consumer’s credit scores improve Find out more about them here |
|
5.15% | £1,000 / £2,500,000 | Branch | Branch |
| A competitive rate from Tandem Bank, who acquired Harrods Bank in January 2018. |
|
5.01% | £1,000 / £250,000 | Branch | Branch |
| Zopa started life as a peer to peer lending business in 2005 but became a licensed bank in 2019 and launched their first savings accounts in August 2020. You can find out more about them here |