Savings rates continue to fall as Halifax cut the rate on its Online Saver and Everyday Saver easy-access accounts.
Its Online Saver now pays just 0.9% before tax (0.72% after tax) including a bonus for the first year to new savers on sums of between £1 and £20,000. After twelve months the rate drops to 0.2% (1.6%). Santander new issue of its e-Saver - issue 11 - pays 1% (0.8%) for the first year.
Halifax pays 0.75% (0.6%) including a bonus for a year to new savers opening its Everyday account.
Top deals remains Tesco Internet Saver at 1.55% (1.24%) including a 0.8 (0.64) percentage point bonus for the first year. Coventry Building Society Online Saver 5 pays slightly more at 1.6% (1.28%) but you are limited to four free withdrawals a year from the account.
On branch-based accounts you can earn 1.51% (1.21%) with Virgin Money.
Shawbrook Bank has closed its top-paying fixed rate bonds to new savers and issued new bonds at lower rates. The top one-year deals come from State Bank of India at 1.85% (1.48%) followed by Britannia , part of Co-op Bank, at 1.84% (1.47%) and Post Office at 1.82% (1.46%).
On two year deals FirstSave pays a top 2.35% (1.88%) and Shawbrook Bank 2.3% (1.84%. For three years you can earn 2.55% (2.04%) with Investec or 2.51% (2.01%) with National Counties Building Society.
On tax-free cash Isas the top easy-access deal comes from Post Office at 1.8% including a 0.9 percentage point bonus for the first eighteen months. Virgin Money and Britannia both pay 1.75% and all three accept transfers in from other providers.
On fixed rate deals both Britannia and Aldermore Bank pay 1.85% and accept transfers. Post Office pays 2.25% for two years while Virgin Money and Principality both pay 2.4% for three years. Coventry pays a higher 2.75% but, unlike with these other fixed rate deals, you cannot transfer your existing cash Isas into the account.
This article was written for our sister website Money Observer