Savings update: Isas and taxable accounts rates

28 March 2017
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Coventry Building Society has raised the rate it pays on its Easy Access Isa 5 to a top 1.05%. It is available online, through its branches and by post or phone and accepts transfers from other providers.

On fixed-rate cash Isas, the top deals come from Virgin Money at 1.05%, Leeds Building Society at 1.01%, with both Saga and Newcastle Building Society at 1%. Coventry Building Society pays 1.1% fixed until 30th November next year.

For two years, you can earn 1.26% with Principality Building Society. Darlington Building Society pays 1.25% and both Skipton Building Society and Paragon Bank 1.2%.

On taxable easy-access accounts Yorkshire Building Society has raised the rate on its Single Access Saver to 1.15%. But you are restricted to making withdrawals on just one day of your choosing a year. The account is on offer through its branches or by post.

French-owned RCI Bank pays 1.1% on its internet-based Freedom Account and Nottingham Building Society 1.05% on its e-Saver Instant 7. There are no withdrawal restrictions on either account.

On fixed-rate one-year bonds Atom Bank pays 1.6%, Paragon Bank 1.51% and Aldermore Bank 1.5%.

For two years, you’ll earn 1.7% with both Atom and Paragon banks, 1.66% with OakNorth Bank or 1.6% with Shawbrook Bank.

This story was originally written for our sister magazine, Money Observer.

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