Savings update: easy-access and fixed-rate deals rise

7 September 2015
Rates are creeping up on easy-access accounts. Kent Reliance's new Easy Access Issue 10 pays a top 1.65% before tax (1.32% after) on a minimum £1,000. The account is available online, over the phone or through its branch network.Fixed-rate deals are also rising, with the best deal now at 2.1% (1.68%) fixed for one year, also from Kent Reliance.Charter Savings Bank is just behind at 2.06% (1.65%). If you are willing to tie your money up for two years you can earn 2.35% (1.88%) with both Aldermore Bank and Kent Reliance.Cash Isa rates remain lower. On easy-access cash Isas the best deals include National Savings & Investments (NS&I) Direct Isa at 1.5% and Virgin Money's Defined Access at 1.51%. NS&I does not accept transfers from other providers. Virgin does, but the account limits you to making three withdrawals a year.The top deal which accepts transfers and comes with no withdrawal restrictions is Nationwide Instant Isa Saver at 1.4%.On fixed-rate cash Isas the best one-year rate is 1.75%, available both from Tesco Bank and Shawbrook Bank.For two years Coventry BS pays 2.05% fixed until 30 November 2017. Halifax, Virgin Money and Skipton Building Society all pay 2% fixed for two years.

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