3 Year Fixed
Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
---|---|---|---|---|---|---|
|
4.65% | £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 |
|
4.65% | £1,000 / £85,000 | Branch | Branch |
| This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
4.65% | £1,000 / £250,000 | Branch | Branch |
| London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014 and now look after in excess of £1.63bn of deposits. You can read more about them here |
|
4.65% | £1,000 / £1m | Branch | Branch |
| This product is provided by Close Brothers on Active Savings, which is a savings platform provided by investment giant Hargreaves Lansdown, offering savers access to a range of products from its partner banks and building societies. |
|
4.50% | £1,000 / £85,000 | Branch | Branch |
| This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
4.63% | £2,000 / £85,000 | Branch | Branch |
| United Bank Limited UK (UBL) was formed in 2001 from the merger of two Pakistani banks and has branches in Ilford, Bradford, Birmingham, Glasgow Manchester and London. This product is only available via the Raisin UK savings platform. You can find out more about Raisin here |
|
4.70% | £50 / £100,000 | Branch | Branch |
| Durham based Atom Bank has attracted over £3.2bn of savings since its launch in April 2016. Savers can only access Atom’s products via their mobile app You can find out more about them here |
|
4.63% | £2,000 / £1,000,000 | Branch | Branch |
| United Bank UK was formed in 2001 from the merger of two Pakistani banks. It has branches in Ilford, Bradford, Birmingham, Glasgow Manchester and London |
|
4.70% | £5,000 / £250,000 | Branch | Branch |
| Birmingham Bank was previously known as Bira Bank, which was bought by businessman Lee Bushell in January 2020 and rebranded as Birmingham Bank. He sold his interest in April 2023 to Better, the digital home ownership platform The Bank has only just over £10m of savings in total so don't expect these rates to last long. |
|
4.50% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. You can find out more about them here |
|
4.65% | £10,000 / £2,000,000 | Branch | Branch |
|
Close Bank have been trading since 1878, are a FTSE 250 listed company and look after over £6.4bn of savings You can find out more about them here |
|
4.60% | £1,000 / £250,000 | Branch | Branch |
| DF Capital are a specialist commercial bank, based in the UK, lending to Small & Medium sized Enterprises (SMEs) in the UK. They were authorised as a bank in September 2020. You can find out more about them here |
|
4.66% | £1,000 / £1,000,000 | Branch | Branch |
| Hodge bank is based in South Wales and was authorised in 1987. It looks after just under £1bn of deposits. |
|
4.66% | £1,000 / £500,000 | Branch | Branch |
| Oxbury is a specialist agricultural bank, focused on lending to UK farms. It got its banking licence in 2020 and launched savings accounts in February 2021. Savers will need a smartphone to download the Oxbury Banking App as part of the security measures to access their online account You can find out more about them here |
|
4.70% | £1,000 / £1,000,000 | Branch | Branch |
| Part of French car giant Renault, RCI are a UK licensed bank and covered by the Financial Services Compensation Scheme You can find out more about them here |
|
4.71% | £1,000 / £2,000,000 | Branch | Branch |
| Essex based Shawbrook launched in 2011 and looks after £7.84bn of savings Find out more about them here |
|
4.71% | £10,000 / £85,000 | Branch | Branch |
| Wrexham based Chetwood Financial got its banking licence at the end of 2018 following a £40m investment from Elliott Advisors. It lends its money to consumers via ‘dynamic loans’ which adapts the rate as consumer’s credit scores improve Find out more about them here |
|
4.67% | £2,000 / £2,000,000 | Branch | Branch |
| Zenith Bank UK is a subsidiary of Zenith Bank Plc, one of Nigeria’s leading banks. Savers should note that, while this account can be opened online, it can only be managed by post |
|
4.50% | £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. You can find out more about them here |