You will find below information regarding savings rates from the first week of November 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% 3.00% |
4.46% |
4.01% |
Co-operative Bank |
Online Saver |
2.53% |
Select Access |
1.25 – 4.59% |
4.59% |
4.18% |
Ecology Building Society |
Easy Access |
3.60% |
35 Day 180 Day |
4.10% 5.00% |
n/a |
n/a |
Triodos |
Everyday Savings |
3.25% |
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 |
Principality Building Society – Online Triple Access Account |
4.85% |
Vanquis Bank – 90 Day Notice Account |
5.10% |
Atom Bank – 1 Year Fixed Rate |
4.80% |
Atom Bank – 3 Year Fixed Rate |
4.60% |
2 |
Aldermore Bank – Double Access Account Ford Money – Flexible Saver Paragon Bank – Double Access Account |
4.75% |
BLME* - 90 Day Notice Account Investec Bank – 90 Day Notice |
5.05% |
SmartSave Bank – 1 Year Fixed Rate |
4.76% |
SmartSave Bank – 3 Year Fixed Rate Saver |
4.53% |
3 |
Leeds Building Society - Limited Issue Online Account (www.leedsbuildingsociety.co.uk)
|
4.67% |
Kent Reliance Building Society – 60 Day Notice
|
0.10-5.04% |
Gatehouse Bank* – 1 Year Fixed Rate |
4.70% |
Hodge Bank – 3 Year Fixed Rate (Online Only) |
4.50% |
4 |
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 |
5.00% |
Kent Reliance Building Society – 1 Year Fixed Rate |
4.66% |
Oxbury Bank – 3 Year Fixed Rate |
4.46% |
5 |
The Co-Operative Bank – Select Access Saver |
4.59%
|
RCI Bank – 95 Day Notice Account Vanquis Bank – 120 Notice Account |
4.95% |
Hodge Bank – 1 Year Fixed Rate State Bank Of India – 1 Year Fixed Rate |
4.60% |
Al Rayan Bank* - 3 Year Fixed Term |
4.40% |
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 - 8th of November 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.