Britannia tops easy-access savings table

Published by Sylvia Morris on 17 June 2014.
Last updated on 17 June 2014

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Newcastle BS is the latest to cut rates to savers. Its latest Bobby Robson Foundation easy access account issue 6 pays 1% before tax (0.8% after), down from a previous 1.25% (1%).

The top easy access deal comes from Britannia, part of Co-op Bank at 1.65% (1.32%). But you are limited to four withdrawals a year.

The best rate with no withdrawal restrictions comes from Tesco Bank Internet Saver at 1.35% (1.08%).

On fixed rate bonds the top deals include 1.75% (1.4%) fixed for one year from BM Savings or 1.88% (1.5%) from internet bank Firstsave. Leeds BS pays 2% (1.6%) for 18 months and Kent Reliance 2.25% (1.8%) for two years.

Find the best Cash Isa or savings account for you

Cash Isas

On easy-access cash Isas, Cheshire and Derbyshire building societies pays a tax-free 1.6%, but you cannot transfer your existing cash Isas into these accounts. The best deal for transfers is 1.5% from Nationwide, NatWest and BM Savings.

You can earn 1.65% fixed for one year on cash Isas from Tesco Bank and Kent Reliance or 2.05% with Nationwide fixed for two years.

This article was written for our sister website Money Observer

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