Page 12 - Fixed Saver News Today : Breaking News, Live Updates & Top Stories | Vimarsana

| UPDATED: 11:26, Thu, Mar 11, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Savings rates have been analysed by Hargreaves Lansdown (HL), who examined how the savings market is performing in the run up to March. They noted savings ...

  Topping the notice account chart this week was ICICI Bank UK with its Raisin UK – 95 Day Notice Account and its Notice Savings Account both paying 0.85% gross monthly. Savers should be aware that the rate on the Raisin UK account will be reduced on the 8 March 2021 to 0.55% and the rate on the Notice Savings Account will be reduced on the 15 March 2021 to 0.55%. The Raisin UK – 95 Day Notice Account requires a £1,000 minimum deposit to open and comes with the incentive of Raisin UK offering a bonus or Amazon gift card of up to £15 when a first savings account is opened via its websit...

  A rate reduction saw PCF Bank top the fixed rate bond chart this week, with its 7 Year Term Deposit Issue 15 paying 1.45% gross on anniversary. This account requires a £1,000 minimum deposit to open. It must be opened online but can then be managed online and by phone. Topping five and three year fixed rate bond charts this week was Gatehouse Bank. It pays an expected profit rate of 1.40% gross on anniversary on the five-year version of its Fixed Term Green Saver, while the three-year version pays an expected profit rate of 1.10% gross on anniversary. Both options require a minimum deposi...

Share Fixed rate bonds have often been popular with savers as they not only offer a fixed rate for the duration of their term, but also usually offer the best savings rates overall. Indeed, today the top saving rate is available on a five year fixed rate bond, but with saving rates across the charts at record lows, many savers are reluctant to lock into a long-term bond due to future uncertainty and concerns that a rise in inflation will erode their savings. This concern is not unfounded, as the top rate being offered in the fixed bond chart is below the Bank of England’s target inflati...

One year   The top-paying fixed rate bond this week came from Shawbrook Bank, which pays 1.35% gross on anniversary on its 7 Year Fixed Rate Bond Issue 6. A £1,000 minimum deposit is needed to open this account. It must be opened online, but can then be managed online and by phone. There is also a version of this account that pays interest monthly at a lower gross rate of 1.34%. In the five year fixed rate bond chart, both Shawbrook Bank and UBL UK had accounts that paid the highest AER. Shawbrook Bank’s 5 Year Fixed Rate Bond Issue 33 pays 1.25% gross on a £1,000 minimum opening deposit...