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Savings round up - 11th September

Santander's easy access account and NS&I's 1 Year Fixed are dominating the market - the two large providers are so far above the competition that it is extremely unlikely that we will anyone go above them.  The market has been very quiet for changes - unusually so - and we think this is providers sitting waiting for them both to withdraw.  Santander close the account on Sunday but we think there's a strong likelihood it will be pulled earlier. NS&I is harder to call - but we expect it has one to two week's to run yet. Expectations for Base Rate are falling too - with markets pricing in the possibility that it may not even hit 5.75% now.  All eyes will be on next Thursday's Bank of England decision but we expect there to be few changes in pricing at the top end of the best buy tables until then. Here's our round up of the best buys and key changes from the savings market from the past week:

Easy Access

Santander's limited edition account paying 5.20% continues to lead the way and we don't see that changing. It is only available until 17th September but can be withdrawn earlier if there's high demand. We certainly think there will be so move quickly to secure this rate if it appeals as we'd be surprised it if is still on sale by Sunday. Furness Building Society remain second - the mutual paying 5% on its Triple Access Saver which is limited to three withdrawals and opened in branch or by phone or post. Shawbrook are the next best paying a straight forward 4.93%, with Cahoot at 4.90% as the top four are unchanged on the week. Monument Bank, who offer an improved 4.85%, are the main mover along with Principality Building Society whose Double Access account now pays the same rate. Chip pay 4.84%, with Coventry Building Society's four access saver and Secure Trust's easy access both paying 4.80% 


Oxbury are still top paying 5.59% on 180 Day and 5.53% on 120 Day. Cynergy move up to second - they are now paying 5.55% on 120 Day and 5.50% on 95 Day. United Trust Bank drop to third paying 5.50% on 200 Day Notice and 5.20% on 100 Day. Stafford Railway Building Society pay 5.45% on 120 Day Notice but only three withdrawals are permitted. BLME pay 5.35% on 95 Day and DF Capital pay the same rate but for 120 Days' Notice. RCI Bank's 5.30% for 95 Day Notice remains popular.

Up to 1 Year Fixed

Family Building Society's 6.10% for 9 Months Fixed has blown away the competition for that term.  Ahli United Bank pay a next best 5.79% for 9 Months Fixed, which also comes with a £25 sign up bonus for new Raisin customers.  They are ahead of Secure Trust Bank at 5.70% and Hampshire Trust Bank paying 5.64% for 9 Months with Atom Bank fifth at 5.60%

Cynergy are the best 6 Month Fixed at 5.66% with Allica at 5.58%, Secure Trust Bank at 5.57% and Monument Bank at 5.56%. Atom Bank are fifth paying 5.54%. QIB Bank pay 5.52% via Raisin

1 Year Fixed

NS&I lead the way still paying 6.20% for 1 Year Fixed and we can't see any provider topping it - it's just a case of how long they can hold out at a price so much higher than the rest of the market. Ahli United Bank pay 6.10% for 1 Year via Raisin which also comes with a £25 new sign up bonus for customers going via this link. Habib Zurich pay 6.03% and both Kent Reliance and Smart Save pay 6.01% to complete the top five. There are six providers still at 6% including National Bank of EgyptParagon Bank via Hargreaves Lansdown GB Bank, BLME and Close Brothers. Beyond that, Ford Money at 5.95% remains popular.

18 Month Fixed

OakNorth, Charter Savings and Ford Money share the lead - all three paying 6.05% for 18 Months - just ahead of Hampshire Trust Bank's 6.03% for the same term. United Trust Bank's 15 Month Fixed paying 6%, and OakNorth at the same rate for the identical term, share fifth with BLME and Union Bank of India.

2 Year Fixed

Ford Money's 6.05% leads the way at the top of the best buys alongside Close Brothers and Ikano Bank.  GB Bank are back in the market at fourth paying 6.01%, nipping ahead of Aldermore Bank at 6% who are alongside seven other providers.

3 Year Fixed 

BLME top the charts as the last remaining 6% paying provider.  They are ahead of OakNorth paying 5.96% and Hampshire Trust Bank at 5.95% - who share third spot with United Trust Bank, Cynergy, FirstSave, Ikano and Recognise. RCI Bank are next at 5.90%.

4 Year Fixed

Hampshire Trust Bank pay a best buy 5.85% ahead of Cynergy at 5.75% and United Trust Bank at 5.70%.  RCI Bank pay 5.65% and Ikano are at 5.57%.  OakNorth at 5.56% and Aldermore Bank offer 5.51%.

5 Year Fixed 

Tandem Bank pay a best buy 5.85% via Raisin, which also comes with a £25 bonus for new customers signing up via this link. They are ahead of Hampshire Trust Bank at 5.75% who are alongside United Trust Bank, Recognise and Cynergy. RCI Bank pay 5.65% alongside Hodge with BLME and Close Brothers at 5.60%  Aldermore Bank complete the top ten at 5.51%.

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