Where can you pick up a top savings rate for Christmas?

23 December 2014

The Post Office has cut rates on its Premier Cash Isa to 1.5% including a bonus for the first 18 months. Despite the cut, it is still the top rate on offer on easy-access deals.

Other top rates include Barclays Bank Instant Cash Isa issue 1 at 1.49% on a minimum £30,000, and Tesco Bank at 1.45%, minimum £1.

All three accept transfers from other providers.

On fixed-rate cash Isas the Post Office's top 1.7% for a year has also disappeared, along with the table-topping 2% from AA Savings.

The best one-year deal is now Tesco Bank at 1.65%, while for two years it's 1.95% from the Post Office.

Find the best Cash Isa or savings account for you

Easy-access accounts

On taxable easy-access accounts top rates include ICICI Bank Super Savings, AA Internet Savings and Post Office Online Saver issue 13, all at 1.4% before tax (1.12% after tax).

Both the AA and the Post Office accounts include a bonus payable for the first year, after which the rate drops substantially.

On fixed-rate bonds the best one-year deal comes from internet bank First Save at 1.85% (1.48%), while for two years State Bank of India pays 2.25% (1.8%).

This article was written for our sister website Money Observer

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