Best savings accounts of the week as interest rates hit 6.05 percent

Savers are being urged to take advantage of market-leading savings interest rates as high as six percent while they still have a chance.

Experts from are breaking down the best savings accounts currently on offer for the week beginning October 23.

Over the past year, interest rate increases have been applied to savings products by banks and building societies.

This is due to the Bank of England raising the base rate to combat inflation, but with the CPI easing, many are concerned the era of high-interest rates is coming to an end.

As such, is highlighting the top savings accounts, fixed-rate bonds and ISAs which are on the market.

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Easy access savings accounts 

Account type

Product name

Interest rate

Easy access

Paragon Double Access Account (Issue Three)

5.25 percent

Easy access

Chorley Building Society Easy Access Saver (One Withdrawal)

5.30 percent

Notice savings accounts 

Account type

Product name

Interest rate

7-day notice savings account

Monument Bank 7-Day Notice Account

5.10 percent

14-day notice savings account

RCI Bank E-Volve Savings 14-Day Notice Account Monthly

4.80 percent

30-day notice savings account

FirstSave 30-Day Notice Account Monthly

Five percent

35-day notice savings account

Monument Bank 35 Day Notice Account

5.22 percent

60-day notice savings account

Monument Bank 60 Day Notice Account

5.41 percent

90-day notice savings account

Harpenden Building Society 90 Days’ Notice (Issue Three)

5.50 percent

95-day notice savings account

RCI Bank 95 Day Notice Savings Account

5.60 percent

120-day notice savings account

Cynergy Bank 120 Day Online Notice Saver – Issue 8

5.55 percent

180-day notice savings account

Oxbury Personal 180 Day Notice Account – Issue 15

5.59 percent

200-day notice account

Chorley Building Society 200 Day Notice Account

5.65 percent

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Fixed-rate bonds

Account type

Product name

Interest rate

1-year fixed-term

Union Bank of India 1-Year Fixed Rate Deposit

6.11 percent

2-year fixed-term

Union Bank of India 2-Year Fixed Rate Deposit

6.05 percent

3-year fixed-term

JN Bank 3-Year Fixed Rate Bond

5.97 percent

4-year fixed-term

JN Bank 4-Year Fixed Rate

5.80 percent

5-year fixed-term

JN Bank 5-Year Fixed Rate Bond

5.80 percent

Cash ISAs

Account type

Product name

Interest rate

Easy access

Chorley Building Society Easy Access Cash ISA (1 Withdrawal)

5.15 percent


The West Brom WeBSave 60 Day Notice ISA

5.25 percent

1-year fixed-term ISA

UBL UK 1-Year Fixed Rate Cash ISA

5.70 percent

2-year fixed-term ISA

NatWest 2-Year Fixed Rate Cash ISA

5.65 percent

3-year fixed-term ISA

Zopa Smart ISA 3-Year Fixed Term ISA Pot

5.37 percent

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Lucinda O’Brien,’s savings expert, broke down why people should be proactive in taking these deals while interest rates still remain high.

She explained: “Similar to last week, easy access interest rates remain competitive, whereas fixed-rate interest is slowly dropping.

“If you are considering locking your money away for a set period of time, Union Bank of India One-Year Fixed Rate has an interest rate of 6.11 percent – and we’re not sure how long these top rates will hang around.

“If you would like more flexible savings, then Paragon is offering an easy access account at 5.25 percent, which matches the base rate. Chorley Building Society currently has the top rate for easy access at 5.30 percent, but both these accounts do come with withdrawal restrictions.”

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