Top-paying accounts are disappearing fast, as banks and building societies close their top deals.
BM Savings has closed both its easy access internet-based account Online Saver Reward 4 and its top-paying one-year fixed-rate bond to new savers. The Coventry Building Society top two-year deal has also been withdrawn.
The best easy-access account is the Coventry Building Society Online Saver Issue 5, at 1.6% before tax (1.28% after tax). But you are limited to four free withdrawals a year.
The top deal with no restrictions is Sainsbury's Bank eSaver Special at 1.55% (1.24%).
On fixed-rate deals, the top one-year bond is now 1.91% (1.53%) from Virgin Money. On two-year deals you can earn 2.3% (1.84%) with Shawbrook Bank, while both Tesco and GE Capital pay 2.05% (1.64%) for 18 months. Shawbrook pays 2.65% (2.12%) fixed for three years.
Leeds Building Society has launched a bond paying 4% (3.2%), with interest paid monthly. But to earn this you have to tie your money up for 10 years.
On tax-free cash Isas the best one-year fixed rate is 1.91% from Virgin Money, with both Post Office and Bath Building Society paying 1.90%. Britannia pays 2.05% for two years, while Halifax, Post Office, Principality Building Society and Aldermore Bank all pay 2%.
For three years plus you can earn 2.75% with Coventry Building Society, with your money tied up until May 2017. But you cannot transfer your existing cash Isas into this account. The best three-year deals that accept transfers come from Aldermore and Halifax at 2.25%.
On easy-access cash Isas the Post Office Premier Isa pays 1.8%, including a 0.9 percentage point bonus for the first 18 months. The best deal where the rate is not boosted with an initial bonus is 1.75%, available from Virgin Money, Britannia and National Savings & Investments.
You cannot transfer your cash Isas with other providers to the National Savings account.
This article was written for our sister website Money Observer