Our first table highlights the savings rates from what we believe to be the four key ethical savings providers in the UK:
|
Instant Access AER |
Notice Account |
|
1 Year Fixed Rate Bond |
3 Year Fixed Rate Bond |
Triodos |
2.55% |
n/a |
n/a |
3.05% |
3.7% |
Co-operative Bank |
1.68% |
Select Access |
2.03% |
3.40% |
3.81% |
Ecology Building Society |
2.25% |
90 Day |
2.55-2.95% |
n/a |
n/a |
Charity Bank |
n/a |
93 Day |
1.88%-2.04% |
3.36% |
n/a |
Our second table shows the top savings rates as determined by our source Deposit Sense:
|
Instant |
AER |
Notice |
AER |
1 Year Fixed |
AER |
3 Year Fixed |
AER |
1 |
Coventry Building Society |
3.1% |
Investec – 90 Day Notice |
3.55% |
Al Rayan Bank |
4.31% |
Al Rayan Bank |
4.57% |
2 |
Paragon Bank |
3.1% |
Darlington Building Society – 180 Day Notice |
3.40% |
SmartSave Bank |
4.31% |
SmartSave Bank |
4.46% |
3 |
Bath Building Society |
3.09% |
Stafford Railway Building Society – 90 Day Notice |
3.40% |
Atom Bank |
4.30% |
Atom Bank |
4.45% |
4 |
Shawbrook Bank |
3.06% |
OakNorth Bank – 120 Day Notice |
3.35% |
Close Brothers Bank |
4.25% |
Close Brothers Bank |
4.40% |
5 |
Al Rayan Bank |
3.05% |
Furness Building Society – 120 Day Notice |
3.25% |
Tandem Bank |
4.25% |
Vanquis Bank |
4.40% |
1.Best Buys are marketing leading but not subject to formal ethical screens/investment policies so are deemed neutral
2. Rates are correct at the date of publication - 3rd of March 2023
3. Information has been collected from Deposit Sense.
4. It is important to take professional advice before making any decision relating to your personal finances. Information within this article does not provide individual tailored investment advice and is for guidance only. We cannot assume legal liability for any errors or omissions it might contain. Ethical Futures llp is authorised and regulated by the Financial Conduct Authority