2 Year Fixed
Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
---|---|---|---|---|---|---|
![]() |
0.75% | £5,000 / No Maximum | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. Those savers comfortable with this are likely to be attracted by the variety of channels to open and manage their account |
![]() |
0.75% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
![]() |
1.10% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
![]() |
0.80% | £1,000 / £250,000 | Branch | Branch |
| London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014. HTB look after around approximately £700m of deposits While Hampshire Trust normally allow account opening by post, this has been suspended in the wake of the Covid-19 outbreak |
![]() |
0.76% | £1,000 / £1,000,000 | Branch | Branch |
| Ikano Bank is owned by the Kamprad family who founded Ikea. Ikano tend to be more competitive for longer term fixed rate bonds. Deposits are protected by the Swedish Deposit Insurance Scheme up to £85,000. |
![]() |
0.82% | £1,000 / £2,000,000 | Branch | Branch |
| Competitive rate from Essex based Shawbrook, who launched in 2011 and look after over £6bn of deposits |
![]() |
0.70% | £2,000 / £1,000,000 | Branch | Branch |
| First ever appearance in our 2 year tables for United Bank UK, which was formed in 2001 from the merger of two Pakistani banks. It has branches in Ilford, Bradford, Birmingham, Glasgow Manchester and London |
![]() |
0.90% | £1,000 / £1,000,000 | Branch | Branch |
| First entry in our 2 Year tables from Union Bank of India (UK), which is a subsidiary of Union Bank of India, one of the largest public sector banks in India |
![]() |
0.70% | £5,000 / £1,000,000 | Branch | Branch |
| London based specialist lender United Trust has a single branch in Moorgate and allows 14 days to fund the account. |
![]() |
0.77% | £1,000 / £250,000 | Branch | Branch |
| Zopa started life as a peer to peer lending business in 2005 but became a licensed bank in 2019 and launched their first savings accounts in August 2020. |