2 Year Fixed

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options SG Verdict
BLME
2.20% £10,000 / £2,000,000

Branch
App
Internet
Post
Telephone

Branch
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Telephone

  • Paid Away or Compounded
  • Paid On Maturity

This account pays expected profit, rather than interest, to meet Sharia law requirements. This and their high minimum balance level may make this account less attractive to savers.

BM Savings
2.20% £1 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
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Post
Telephone

  • Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

BM Savings is the former Birmingham Midshires Building Society, now part of Lloyds Banking Group, the UK’s largest savings bank.    

Hampshire Trust Bank
2.20% £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Away or Compounded
  • Paid Annually

London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014.

The Bank manages around £600m of savings deposits

Investec
2.25% £25,000 / £1,000,000

Branch
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Internet
Post
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Branch
App
Internet
Post
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  • Anniversary
  • Paid Monthly
  • Paid Annually
  • Paid Away

A highly competitive rate from Investec, the best for those wishing to apply and manage their account online. 

The minimum investment of £25,000 may limit interest for some savers.    

Paragon Bank
2.20% £1,000 / £100,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
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  • Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

Competitive rate from Birmingham based Paragon who now have over £4bn of savings deposits.    

Secure Trust Bank
2.26% £1,000 / £1,000,000

Branch
App
Internet
Post
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Branch
App
Internet
Post
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  • Paid Away or Compounded
  • Paid Annually
  • Paid 31st December

Best two year rate of 2018!

 

This account is expected to close before it’s advertised 16th September closure, so move quickly if this product from Birmingham based Secure Trust appeals

Wyelands Bank
2.25% £5,000 / £1,000,000

Branch
App
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Post
Telephone

Branch
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  • Paid On Maturity
  • Paid Compounded

Wyelands launched in 2017 and supports British businesses with working capital finance.