You will find below information regarding savings rates from the first full week of October 2024.
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 |
3.22% |
33 Day 93 Day |
2.97% – 3.16% 3.00% – 3.19% |
4.46% |
4.01% |
Co-operative Bank |
Online Saver |
2.65% |
Select Access |
1.31 – 4.09% |
4.00% |
3.40% |
Ecology Building Society |
Easy Access |
3.60% |
35 Day 180 Day |
4.10% 5.00% |
n/a |
n/a |
Triodos
|
Everyday Savings |
3.45% |
n/a |
n/a |
4.25% |
*2 Year Ethical Savings Bond 4.00% |
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 |
Oxbury Bank – Easy Access Limited Edition |
4.87% |
OakNorth – 95 Day Notice Tracker |
5.14% |
SmartSave Bank – 1 Year Fixed Rate |
4.82% |
Oxbury Bank - 3 Year Fixed Rate |
4.66% |
2 |
Coventry Building Society – Triple Access Online Saver |
4.83% |
Vanquis Bank – 90 Day Notice Account |
5.10% |
Atom Bank – 1 Year Fixed Rate |
4.80% |
Hodge Bank – 3 Year Fixed Rate (Online Only) |
4.42% |
3 |
Aldermore Bank – Double Access Account Ford Money – Flexible Saver Principality Building Society – Online Double Access Account |
4.75% |
BLME* – 90 Day Notice Account Investec – 90 Day Notice |
5.05% |
Vanquis Bank – 1 Year High Yield Bond |
4.75% |
Al Rayan* – 3 Year Fixed Term Atom Bank – 3 Year Fixed Rate Gatehouse Bank* – 3 Year Fixed Rate
|
4.40% |
4 |
Leeds Building Society – Limited Issue Online Account |
4.65% |
Kent Reliance Building Society – 60 Day Notice |
0.10 – 5.04% |
Gatehouse Bank* – 1 Year Fixed Rate |
4.70% |
BLME* – 3 Year Fixed Term |
4.30% |
5 |
Investec Bank – Online Flexi Saver RCI Bank – Freedom Savings Account Yorkshire Building Society – Easy Access Saver |
4.60%
|
Hinckley and Rugby Building Society – 180 Day Notice Rainy Day Market Harborough Building Society - 180 Day Notice |
5.00% |
Hodge Bank – 1 Year Fixed Rate |
4.69% |
State Bank of India – Green 3 Year Fixed Rate |
4.25% |
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 - 11th of October 2024
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.