5 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.50% | £10,000 / £250,000 | Branch | Branch |
| Arbuthnot Direct is part of private bank Arbuthnot Latham and launched in February 2019. It has a quick application process and a 14 day cooling period. |
|
2.80% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.75% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.40% | £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. |
|
2.60% | £1,000 / £1,000,000 | Branch | Branch |
| First entry in 2019 for RCI Bank. RCI Bank is a UK licensed bank but is part of French car giant Renault and has been in the UK savings market since 2015. It looks after around £3bn of UK savers deposits |
|
2.40% | £500 / £1,000,000 | Branch | Branch |
| Competitive rate from London based specialist lender United Trust. Savers should note that, while this account can be opened online, it can only be managed by post or at UTB’s branch in Moorgate, London |