You will find below information regarding savings rates from the first week of December 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 |
3.12% |
33 Day 93 Day |
2.97% 3.00% |
4.26% |
3.96% |
|
Co-operative Bank |
Online Saver |
2.53% |
Select Access |
1.25 – 4.59% |
4.28% |
3.87% |
|
Ecology Building Society |
Easy Access |
3.60% |
35 Day |
4.10% |
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 |
Principality Building Society – Online Triple Access Account |
4.70% |
Cynergy Bank - 120 Day Notice Saver |
4.95% |
Close Brothers Bank - 1 Year Fixed |
4.75% |
Al Rayan Bank* - 3 Year Fixed Term Atom Bank - 3 Year Fixed Rate |
4.60% |
|
2 |
Co-Operative Bank - Select Access Saver |
4.59% |
Cynergy Bank - 95 Day Notice Saver |
4.90% |
SmartSave Bank – 1 Year Fixed Rate |
4.74% |
Oxbury Bank - 3 Year Fixed Rate |
4.54% |
|
3 |
Aldermore Bank - Double Access Account Ford Money - Flexible Saver Leeds Building Society - Limited Issue Online Account |
4.55% |
OakNorth Bank - 95 Day Notice Tracker |
4.89% |
Oxbury Bank - 1 Year Fixed Rate |
4.70% |
Hodge Bank – 3 Year Fixed Rate (Online Only) |
4.52% |
|
4 |
Virgin Money - Defined Access e-Saver |
4.51% |
BLME* - 90 Day Notice Account Cynergy Bank - 35 Day Notice Saver |
4.85% |
Tandem Bank - 1 Year Fixed Rate |
4.65% |
SmartSave Bank - 3 Year Fixed Rate Saver |
4.46% |
|
5 |
OakNorth Bank - Easy Access Limited Edition |
4.50%
|
Investec Bank - 90 Day Notice |
4.84% |
Kent Reliance Building - 1 Year Fixed Rate |
4.61% |
United Trust Bank - 3 Year Bond |
4.42% |
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 - 6th of December 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.