Shawbrook Bank 7 Year Fixed Rate Bond – Issue 21
AER
Notice/Term
Minimum Required
Account Opening
3.62%
7 Years
£1,000
Internet
Monthly Interest Accounts
Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.
All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.
Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.
UBL UK 5 Year Fixed Term Deposit
AER
Notice/Term
Minimum Required
Account Opening
4.16%
5 Years
£2,000
Internet, Branch, Post, Mobile
UBL UK 4 Year Fixed Term Deposit
AER
Notice/Term
Minimum Required
Account Opening
4.06%
4 Years
£2,000
Internet, Branch, Post, Mobile
UBL UK 3 Year Fixed Term Deposit Account
AER
Notice/Term
Minimum Required
Account Opening
4.15%
3 Years
£2,000
Internet, Branch, Post, Mobile
Atom Bank 2 Year Fixed Saver
AER
Notice/Term
Minimum Required
Account Opening
4.11%
2 Years
£50
Via App
UBL UK 1 Year Fixed Term Deposit
AER
Notice/Term
Minimum Required
Account Opening
4.21%
1 Year
£2,000
Internet, Branch, Post, Mobile
Chase – Chase Saver With Boosted Rate
Rate includes 1.94% bonus for 12 monthsAER
Notice/Term
Minimum Required
Account Opening
4.50%
N/A
£0
Via app
Sidekick Multi Shield
Rate includes 1.00% bonus for 6 months from £10,000 to £120,000AER
Notice/Term
Minimum Required
Account Opening
4.23% paid at £10,000
3.48% paid at £85,001
3.48% paid at £85,001
None
£10,000
Mobile
Monthly Interest Accounts
For those people looking to create an income from their savings Monthly Interest Accounts could be the answer.
As the name suggests rather than accruing the interest to the savings balance it is paid away each month to a separate account, perfect for people who need to supplement their income.
These types of accounts can offer Instant Access to your savings, however the longer you are prepared to tie up your savings, either in a Notice or Fixed Rate account, the better the rate of interest will be.
Monthly Interest Accounts can be especially useful for pensioners looking to increase their pension income or investors who need an income but want to avoid the stock market.