Savings Rates 06/10/2023

You will find below information regarding savings rates from the first week of October 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

Charity Bank

(www.charitybank.org)

n/a

n/a

93 Day

3.03-3.19%

5.11%

4.36%

Co-operative Bank

(www.co-operativebank.co.uk)

Online Saver

2.65%

Select Access

1.31-3.25%

4.75%

4.90%

Ecology Building Society

(www.ecology.co.uk)

Easy Access

3.15%

90 Day

3.50-3.90%

n/a

n/a

Triodos

(www.triodos.co.uk) 

Everyday Savings

3.09-3.45%

n/a

n/a

4.25%

*2-year Ethical Savings Bond*

4.50%

 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

Secure Trust – Access Account

(www.securetrustbank.com)

5.03%

RCI Bank – 95 Day Notice

(www.rcibank.co.uk)

5.60%

 NS&I Guaranteed Growth Bond/Guaranteed Income Bond

(www.nsandi.com)

6.20%

RCI Bank

(www.rcibank.co.uk)

5.85%

2

Ford Money – Flexible Saver

(www.fordmoney.co.uk)

 

4.95%

The Tipton & Coseley Building Society – 120 Day Notice

(www.thetipton.co.uk)

5.30-5.50%

Al Rayan Bank*

(www.alrayanbank.co.uk)

6.12%

Hampshire Trust Bank

(www.htb.co.uk)

5.80%

3

Aldermore Bank – Double Access Account

(www.aldermore.co.uk)

4.90%

Bank of London & the Middle East – 90 Day Notice*

(www.blme.com)

Vanquis Bank – 90 Day Notice

(www.vanquis.co.uk)

5.35%

Ford Money

(www.fordmoney.co.uk)

6.05%

Hodge Bank – Online Only

(www.hodgebank.co.uk)

5.75%

4

Leeds Building Society – Limited Issue Online Account

(www.leedsbuildingsociety.co.uk)

Principality Building Society – Online Double Access Account

 (www.principality.co.uk)

4.85%

Marsden Building Society – 150 Day Notice

(www.themarsden.co.uk)

Vanquis Bank – 120 Day Notice

(www.vanquis.co.uk)

5.25%

Sainsbury's Bank

(www.sainsburysbank.co.uk)

6.01%

NS&I Green Savings Bond

(www.nsandi.com)

5.70%

5

Saffron Building Society - eSaver

(www.saffronbs.co.uk)

4.80%

Harpenden Building Society – 60 Day Notice

(www.harpendenbs.co.uk)

5.15%

Secure Trust Bank

(www.securetrustbank.com)

6.00%

The Family Building Society

(www.familybuildingsociety.co.uk)

5.45-5.60%

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 - 6th of October 2023

3. Information has been collected from Deposit Sense.

4. *Sharia compliant banks offer an Expected Profit Rate (EPR) rather than interest.

5. 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.

 

 

 

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