5 Year Fixed

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options SG Verdict
BLME Bank
2.70% £10,000 / £2,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid On Maturity
  • Paid Away

The best rate in 2018 so far!    

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   

Charter Savings Bank
2.68% £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
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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.    

Milestone Savings
2.68% £10,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Annually
  • Paid Away

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

Oak North Bank
2.67% £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Annually
  • Paid On Maturity

OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises.

 

Savers should note that only one single deposit can be made to fund the account    

Paragon Bank
2.66% £1,000 / £100,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

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

Competitive rate from Birmingham based Paragon who now have over £4bn of savings deposits.    

Secure Trust Bank
2.69% £1,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually
  • Paid 31st December

Secure Trust Bank’s fixed rate products tend to be withdrawn ahead of the stated close date (15th September in this case) so move quickly if this appeals to you