2 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
4.85% | £1,000 / £250,000 | Branch | Branch |
| Afin Bank is a UK-based challenger bank and specialist lender backed by WAICA Reinsurance Corporation. It focuses on providing mortgages and savings solutions to underserved communities, particularly the African diaspora, foreign nationals on visas, high-net-worth individuals, and self-employed professionals facing challenges with mainstream lenders |
|
4.60% | £1,000 / £1,000,000 | Branch | Branch |
| Peterborough based Aldermore launched in 2009 and look after over £13.1bn of deposits. You can find out more about them here |
|
4.67% | £1,000 / £85,000 | Branch | Branch |
| British Arab Commercial Bank (BACB) is an international bank with over 50 years’ experience, providing global trade finance and treasury solutions to clients trading in and out of specialist markets. With its head office based in the City of London, the Bank is authorised by the Prudential Regulation Authority andregulated by the Financial Conduct Authority and the Prudential Regulation Authority. This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
4.77% | £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 |
|
4.60% | £1,000 / £120,000 | Branch | Branch |
| This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
4.65% | £1,000 / £120,000 | Branch | Branch |
| Competitive rate from Cardiff based StreamBank who have been a mainstay of our best buy tables since their launch in 2023 You can find out more about StreamBank here |
|
4.65% | £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 |
|
4.59% | £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 |
|
4.77% | £1,000 / No maximum | Branch | Branch |
| Wrexham based Chetwood Bank got its banking licence at the end of 2018 following a £40m investment from Elliott Advisors. Savers should note that Chetwood also offers bonds under the SmartSave brand, which is under the same banking licence, so FSCS protection is on the combined balance for any savings with both brands Find out more about them here |
|
4.76% | £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 |
|
4.70% | £1 / £1m | Branch | Branch |
| Competitive rate from Coventry Building Society which is the 2nd largest building society in the UK looking after £38.2bn of deposits This product has a fixed maturity of 31st August 2028 |
|
4.82% | £1,000 / £100,000 | Branch | Branch |
| GB Bank allow a generous 21 days to fund their fixed rate bonds. GB Bank was awarded a banking licence (with restrictions) in October 2021 and launched savings on 23rd November 2022. It is based in Middlesborough and intends to get Britain building by supporting regional SME property developers with development financing. |
|
4.83% | £1,000 / £1m | Branch | Branch |
| Hodge bank is based in South Wales and was authorised in 1987. It looks after just over £1bn of deposits. |
|
4.82% | £1,000 / £250,000 | Branch | Branch |
| JN Bank are the first Carribean bank to be authorised in the UK and launched on 8th October 2020. |
|
4.82% | £1,000 / £1,000,000 | Branch | Branch |
| Part of French car giant Renault, RCI are a UK licensed bank and covered by the Financial Services Compensation Scheme You can find out more about them here |
|
4.70% | £1,000 / £120,000 | Branch | Branch |
| We expect this product will only be available for a few days so move quickly if it appeals. Savers have 14 days to fund the account once opened. Recognise received its full banking licence in September 2021. You can find out more about them here |
|
4.76% | £1,000 / £1,000,000 | Branch | Branch |
| Union Bank of India (UK), which is a subsidiary of Union Bank of India, one of the largest public sector banks in India. Although Union Bank does finally have an internet application, their UK website is very hard to navigate to find it and it is one of the most difficult applications to complete we've experienced. |
