Savers suffered more rate falls last week while Nationwide, the largest building society, has said it will cut rates on some of its accounts from the start of next month.
The top easy-access deal is 1.45% before tax (1.16% after) from French-owned online bank RCI, followed by Coventry Building Society at 1.3% (1.04%). The Coventry deal is on offer online, in its branches and through the post.
On fixed rate deals the best one-year rate comes from Swedish-owned Ikano Bank at 1.75% (1.4%) – although iPad and iPhone users can sign up for the 2% (1.6%) on offer from the new Atom Bank. For two years Ikano Bank pays 2% (1.6%) and Atom 2.2% (1.76%).
On cash Isas M&S Bank pays a top 1.4% tax-free fixed for one year. Both M&S and Coventry offer a slightly higher 1.5% if you are prepared to tie your money up for two years.
The top easy-access cash Isa deal is 1.4% with the Coventry, but you can’t transfer your existing cash Isas into this account. Yorkshire Building Society at 1.35% and Virgin Money at 1.31% both accept transfers, but they limit the number of withdrawals you can make from your account each year. Sainsbury’s Bank and M&S Bank both pay 1.3% and accept transfers.