3 Year Fixed

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options SG Verdict
BLME Bank
2.35% £10,000 / £2,000,000

Branch
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Branch
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  • Paid On Maturity
  • Paid Away

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 but it is the joint best rate in the market.

BM Savings
2.35% £1 / £1,000,000

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  • 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.    

Charter Savings Bank
2.36% £1,000 / £250,000

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

Wolverhampton based Charter Savings is part of Chartercourt Financial Services.  Charter Savings launched in 2015.    

Gatehouse Bank
2.33% £10,000 / £1,000,000

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Branch
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  • Paid Annually
  • Paid On Maturity
  • Paid Away

This account pays expected profit, rather than interest, to meet Sharia law requirements.  

Hampshire Trust Bank
2.35% £1,000 / £250,000

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  • 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

RCI Bank
2.31% £1,000 / £1,000,000

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Branch
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  • Anniversary
  • Paid Compounded

RCI Bank is part of French car giant Renault and has been in the UK savings market since 2015.

Deposits are covered by the French Deposit Insurance and Resolution Fund up to €100,000

Secure Trust Bank
2.37% £1,000 / £1,000,000

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Branch
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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