|
All the savings accounts compared below are high interest rates and covered under the UK's financial
compensation scheme*.
Last Update 26/10/2012.
|
|
STATE BANK OF INDIA 5 YEAR FIXED RATE BOND.
|
4.20%
|
£1,000+
|
ANNUAL INTEREST
|
|
METRO BANK 3 YEAR FIXED RATE BOND.
|
|
£500+
|
MONTHLY INTEREST.
|
|
AA 3 YEAR FIXED RATE BOND.
|
3.30%
|
£1+
|
ANNUAL INTEREST.
|
|
BUCKINGHAMSHIRE BUILDING SOCIETY 2 YEAR FIXED RATE BOND.
|
3.30%
|
£100+
|
MONTHLY INTEREST.
|
|
MANSFIELD BUILDING SOCIETY 1 YEAR FIXED RATE BOND
|
3.00%
|
£500+
|
ON MATURITY.
|
|
SANTANDER
|
2.50%
|
£1+
|
The Santander eSaver is a hassle-free, online savings account with instant, penalty-free
access
|
*The FSCS can pay compensation to depositors
if a building society or bank is unable to meet its financial obligations and is covered by the scheme. Most depositors including
most individuals and small businesses are are covered by the scheme.In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts
each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors,
the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000
limit relates to the combined amount in all the eligible depositor’s accounts including their share of any joint account,
and not to each separate account.