2 Year Fixed

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Al Rayan Bank	2.42%	£1,000 / No Maximum	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Quarterly	This account pays expected profit, rather than interest, to meet Sharia law requirements. Those savers comfortable with this are likely to be attracted variety of channels to open and manage their account
AA Atom Bank	2.30%	£50 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	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
H BLME	2.40%	£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.
Z Close Brothers	2.25%	£10,000 / £2,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Annually Paid Away	Close Bank have been trading since 1878 and are a FTSE 250 listed company.
Gatehouse Bank	2.30%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Away	This account pays expected profit, rather than interest, to meet Sharia law requirements.
Secure Trust	2.27%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually Paid 31st December	Competitive rate from Birmingham based Secure Trust Bank This product is offered until 17th June but we expect it to close for funding before this time so move quickly if this rate appeals

2 Year Fixed

About The Savings Guru

Ask the Guru a Question