2 Year Fixed | The Savings Guru

2 Year Fixed

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Allica Bank	3.01%	£10,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded	Allica are based in Milton Keynes and were awarded their banking licence in 2019 and launched in April 2020. You can find out more about them here
Apply Now	2.90%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	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. It currently comes with a £25 sign up bonus for Savings Guru customers. You can find out more about Raisin, and how to claim the bonus here
Apply Now	2.90%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	This product is only available via the Raisin UK platform but comes with a £25 sign up bonus for Savings Guru customers. You can find out more about Raisin, and how to claim the sign up bonus here
Apply Now	3.00%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	This product is only available via the Raisin UK platform but comes with a £25 sign up bonus for Savings Guru customers. You can find out more about Raisin, and how to claim the sign up bonus here
Apply Now	2.90%	£5,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here
Atom Bank	2.90%	£50 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Durham based Atom Bank has attracted over 20,000 customers and £1.5bn 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
z BLME	3.00%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid On Maturity	This account pays expected profit, rather than interest, to meet Sharia law requirements. You can find out more about them here
Castle Trust Bank	3.03%	£1,000 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	Castle Trust Bank was authorised in March 2020 and launched initially to existing customers only before offering fixed rate bonds in August 2021 and ISAs in September 2021
Charter Savings Bank	3.00%	£5,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	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
Z Close Brothers	2.90%	£10,000 / £2,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Annually Paid Away	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
DF Capital	2.95%	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	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
b Kent Reliance	2.91%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly Paid Annually Monthly interest paid on the last working day of the month Annual interest paid on 5th April	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
Z Monument Bank	3.05%	£25,000 / £400,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid On Maturity	Monument Bank launched in December 2021 and plans to target mass affluent individuals via its mobile app. Consequently, it has a much higher minimum balance requirement than other savings providers.
BB Paragon Bank	2.90%	£1,000 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Birmingham based Paragon launched in 2014 and now look after £9.3bn of savings. You can find out more about them in our banking directory here
Apply Now	2.70%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Compounded	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
Sainsbury Bank	2.90%	£5,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Annually Paid Away	Sainsbury’s Bank opened in 1999 and was the first supermarket bank to open in the UK.
f Shawbrook Bank	2.91%	£1,000 / £2,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Annually	Essex based Shawbrook launched in 2011 and looks after £7.84bn of savings Find out more about them here
SmartSaveBank	2.97%	£10,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Annually Paid Compounded	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
b Tandem Bank	2.90%	£1,000 / £2.5m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Annually Paid Away	Tandem Bank acquired Harrods Bank in January 2018.

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