5 Year Fixed

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options SG Verdict
BLME Bank
2.55% £25,000 / £2,000,000

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Branch
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  • Paid On Maturity
  • Paid Away

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   

Close Brothers
2.60% £10,000 / £2,000,000

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  • Anniversary
  • Paid Away or Compounded
  • Paid Annually

Competitive rate from Close Bank, who have been trading since 1878.

Close is a FTSE 250 listed company    

PCF Bank
2.60% £1,000 / £250,000

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Branch
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  • Anniversary
  • Paid Annually
  • Paid On Maturity
  • Paid Away

PCF Bank are the newest entrant to the market having been awarded their banking licence in July 2017.    

Secure Trust Bank
2.66% £1,000 / £1,000,000

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

This is the best rate in the market seen so far in 2018!

Secure Trust Bank’s fixed rate products tend to be withdrawn ahead of the stated close date (3rd May in this case) so move quickly if this appeals to you    

Vanquis Bank
2.70% £1,000 / £250,000

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

Vanquis Bank is part of the Provident Financial Group, which was founded in 2002.