You will find below information regarding savings rates from the first full week of February 2025.
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 |
Easy Access |
3.12% |
33 Day 93 Day |
2.97% 3.00% |
4.26% |
n/a |
|
Co-operative Bank |
Online Saver |
2.46% |
Select Access |
1.18 – 3.06% |
4.56% |
3.87% |
|
Ecology Building Society |
Easy Access |
3.20% |
35 Day |
3.70% |
n/a |
n/a |
|
Triodos |
Everyday Savings |
3.05% |
n/a |
n/a |
4.00% |
*2 Year Ethical Savings Bond 3.75% |
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 Brom Building Society – Four Access Saver |
4.65% |
OakNorth – 95 Day Notice Tracker |
4.91% |
SmartSave – 1 Year Fixed Rate |
4.66% |
Oxbury Bank – 3 Year Fixed Rate |
4.62% |
|
2 |
Charter Savings Bank – Easy Access (www.chartersavingsbank.co.uk) OakNorth Bank – Easy Access Limited Edition |
4.57% |
RCI Bank – 95 Day Notice Account |
4.90% |
Hodge Bank – 1 Year Fixed Rate |
4.60% |
Hodge Bank – 3 Year Fixed Rate (Online Only) |
4.61% |
|
3 |
Kent Reliance Building Society – Easy Access |
0.10 – 4.56% |
BLME* - 90 Day Notice Account |
4.85% |
Charter Savings Bank – 1 Year Bond |
4.57% |
Al Rayan Bank* - 3 Year Fixed Term Shawbrook Bank – 3 Year Fixed Rate |
4.60% |
|
4 |
Aldermore Bank – Double Access Account Leeds Building Society- Limited Issue Online Account (www.leedsbuildingsociety.co.uk) Principality Building Society – Online Triple Access Account |
4.55% |
Investec Bank – 90 Day Notice (www.investec.com) |
4.84% |
Kent Reliance Building Society – 1 Year Fixed Rate |
4.56% |
Investec Bank – 3 Year Fixed Rate SmartSave Bank – 3 Year Fixed Rate |
4.50% |
|
5 |
RCI Bank – Freedom Savings Account |
4.45%
|
Kent Reliance Building Society – 60 Day Notice |
0.10 – 4.80% |
BLME* - 1 Year Fixed Term |
4.55% |
Atom Bank – 3 Year Fixed Rate |
4.45% |
1. Best Buys are market leading but not subject to formal ethical screens/investment policies so are deemed neutral.
2. Rates are correct at the date of publication - 7th of February 2025.
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.