3 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.42% | £1,000 / 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 rate and variety of channels to open and manage their account |
|
2.40% | £50 / £100,000 | Branch | Branch |
| 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 |
|
2.40% | £25,000 / £1,000,000 | Branch | Branch |
| 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. |
|
2.37% | £1,000 / £100,000 | Branch | Branch |
| Excellent online only rate with monthly interest option too from Birmingham based Paragon Bank |
|
2.40% | £1,000 / £2,500,000 | Branch | Branch |
| Tandem Bank acquired Harrods Bank in January 2018. The bond only allows one payment in to fund the account and cannot be managed online. These factors may limit the attractiveness for savers |
|
2.40% | £1,000 / £1,000,000 | Branch | Branch |
| Union Bank of India (UK) is a subsidiary of Union Bank of India, one of the largest public sector banks in India |