You will find below information regarding savings rates from the first week of June 2023.
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 |
2.53-2.90% |
n/a |
n/a |
3.80% |
3.90% |
|
Co-operative Bank |
2.09% |
Select Access |
1.18-2.40% |
4.03% |
4.15% |
|
Ecology Building Society |
2.75% |
90 Day |
3.05-3.45% |
n/a |
n/a |
|
Charity Bank |
n/a |
93 Day |
2.02-2.04% |
3.36% |
3.95% |
Our second table shows the top savings rates as determined by our source Deposit Sense:
|
Rating |
Instant |
AER |
Notice |
AER |
1 Year Fixed |
AER |
3 Year Fixed |
AER |
|
1 |
West Bromwich Building Society Direct Double Access |
3.85% |
Cynergy Bank 120 Day Notice |
4.31% |
SmartSave Bank |
5.16% |
SmartSave Bank |
5.19% |
|
2 |
Investec Bank Online Flexi Saver |
3.82% |
Cynergy Bank 95 Day Notice |
4.26% |
NatWest Bank |
5.01-5.12% |
Atom Bank |
5.10% |
|
3 |
Principality Building Society Online Double Access |
3.80% |
Investec Bank 90 Day Notice |
4.25% |
Atom Bank |
5.10% |
Close Brothers Bank |
5.10% |
|
4 |
Cynergy Bank Online Easy Access |
3.71% |
Hampshire Trust Bank 95 Day Notice
|
4.20% |
Charter Savings Bank |
5.10% |
Hampshire Trust Bank |
5.10% |
|
5 |
Charter Savings Bank |
3.66% |
Oxbury Bank 180 Day Notice |
4.15% |
OakNorth Bank |
5.07% |
Vanquis Bank |
4.95% |
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 - 2nd of June 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