The latest survey
shows that 83pc of the most consistent accounts come from building
societies, with Teachers Building Society being the most consistent provider
– taking four of the best-buy positions.
It is only online-based accounts where the building societies are knocked into
second place, with ICICI Bank UK taking the top spot over the last 18 months
and Sainsbury’s Finance offering the most consistent product over the last
36 months.
Of the high street banks, only NatWest makes an appearance, taking fifth place
in the online category over the last three years.
Barnsley raises the bar on bonds
Barnsley Building Society has raised the bar on fixed-rate bonds, offering a
market-leading rate of 5.1pc on its Online Bond, which matures on August 31
2014.
The bond is also available over two- and three-year terms, but pays a slightly
lower rate. Savers can invest between £100 and £500,000 into the bond, with
a monthly interest option available for those looking for a regular income.
Further additions are permitted while the bond remains open, but access to
funds is not available during the term.
Sarah Lawrence, senior savings product manager at Barnsley Building Society,
said: “We offer a wide range of savings vehicles at the Barnsley, including
instant-access accounts and products for those savers who are looking for
higher returns who can lock their money away for longer.
“We think this product will be really popular, particularly with those people
who rely on their savings for income.”
For further details, visit
.
Bucks leads fixed-rate monthly Isas
Only a handful of providers …
Read the original article at Telegraph
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