5 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
2.70% | £1,000 / £1,000,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.55% | £10,000 / £2,000,000 | Branch | Branch |
|
Close Bank have been trading since 1878 and are a FTSE 250 listed company. This is their first appearance in our tables in 2019 |
|
2.75% | £1,000 / £85,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements. |
|
2.56% | £1,000 / £1,000,000 | Branch | Branch |
| Joint best rate of 2018 so far! 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 |
| Union Bank of India (UK) is a subsidiary of Union Bank of India, one of the largest public sector banks in India |
|
2.59% | £1,000 / £250,000 | Branch | Branch |
|
Vanquis Bank is part of the Provident Financial Group, which was founded in 2002.
|