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

Published by Sylvia Morris on 23 December 2014.
Last updated on 23 December 2014

Christmas savings

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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