Savings Rates 03/11/2023

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

(www.triodos.co.uk)

Everyday Savings

3.09 – 3.45%

n/a

n/a

4.25%

*2 year ethical saving bond

4.50%

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

Charity Bank

(www.charitybank.org) 

n/a

n/a

33 Day

93 Day

3.00-3.16%

3.03-3.19%

4.86%

4.36%

 

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

 

Paragon Bank – Double Access Account

(www.paragonbank.co.uk)

                       

5.25%

Chorley and District Building Society – 200 Day Notice

(www.chorleybs.co.uk)

5.65%

 Vanquis Bank

(www.vanquis.co.uk)

5.95%

Vanquis Bank

(www.vanquis.co.uk)

5.80%

2

Skipton Building Society

(www.skipton.co.uk)

5.15%

RCI Bank – 95 Day Notice

(www.rcibank.co.uk)

5.60%

Gatehouse Bank

(www.gatehousebank.com)

5.90%

Close Brothers Bank

(www.closebrothers.com)

NS&I Green Savings Bond

(www.nsandi.com)

RCI Bank

(www.rcibank.co.uk)

5.70%

3

Virgin Money – Defined Access e-saver

(uk.virginmoney.com)

5.12%

Oxbury Bank – 180 Day Notice

Oxbury Bank – 120 Notice

Oxbury Bank– 90 Day Notice

(www.oxbury.com)

5.59% 

 

5.53% 

5.51%

Al Rayan Bank*

(www.alrayanbank.co.uk)

Close Brothers Bank

(www.closebrothers.com)

5.85%

Al Rayan Bank*

(www.alrayanbank.co.uk)

5.60%

4

Secure Trust Bank – Access Account

(www.securetrustbank.com)

5.10%

 

Tipton and Coseley Building Society – 120 Day Notice

(www.thetipton.co.uk)

 

5.30-5.50%

SmartSave Bank

(www.smartsavebank.co.uk)

5.81%

Gatehouse Bank

(www.gatehousebank.com)

5.50%

5

Ford Money – Flexible Saver

(www.fordmoney.co.uk)

4.95%

Vanquis Bank – 90 Day Notice

(www.vanquis.co.uk)

5.50%

Charter Savings Bank

(www.chartersavingsbank.co.uk)

5.75%

OakNorth Bank

(www.oaknorth.co.uk)

5.45%

 

 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 November 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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