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Deposit Account Rates for June 2012

Saskia — Fri, 01 Jun 2012 13:14:00 +0000

Please click on the link below for a list of deposit account rates available on 1 June 2012.

Deposit Account Rates – June 2012

Deposit Account Rates for May 2012

Saskia — Tue, 01 May 2012 14:52:52 +0000

Please click on the link below for a list of deposit account rates available on 1 May 2012.

Deposit Account Rates – May 2012

Deposit Account Rates for April 2012

Saskia — Wed, 04 Apr 2012 12:17:45 +0000

As expected at this time of year, many banks and building societies have increased their interest rates for ISAs to attract business prior the end of the current tax year and at the beginning of the next. Please note that many of these accounts are only for new money and as such, do not allow transfers in. The Cash ISA allowance will increase from 6 April 2012 to £5,640 for the tax year 2012 – 2013.

Still no change to the Bank of England Base Rate; however, inflation is gradually reducing. The Consumer Prices Index is now at 3.4% and the Retail Prices Index is at 3.7%. This reduces the risk of inflation erosion on cash and increases the number of accounts offering a real return (above inflation).

Please click on the link below for a list of deposit account rates available on 4 April 2012.

Deposit Account Rates – April 2012

Deposit Account Rates for March 2012

Saskia — Fri, 02 Mar 2012 15:26:09 +0000

Still no change to the Bank of England Base Rate; however, there have been quite a few small changes to the interest rates on offer over the past month. There are now very few longer term fixed rates available, perhaps reflecting a lack of demand from savers and the expectation that rates will rise during the term of these bonds, which would mean that they do not offer good long term value. 18 month bonds have been added to the list this month, as there are some competitive products available at present with a term of around this length. In general, rates remain very low and it seems unlikely that they will rise for quite some time.

Please click on the link below for a list of deposit account rates available on 2 March 2012.

Deposit Account Rates – March 2012

Deposit Account Rates – February 2012

Saskia — Thu, 02 Feb 2012 14:02:47 +0000

There are now very few longer term fixed rate ISAs on offer, although ISA rates have changed little over the past month. The fixed rates offered on shorter term (non ISA) deposit accounts have reduced slightly, but there have been few changes to longer term fixed rates and to variable deposit account rates. Still no change to the Bank of England Base rate, which remains at 0.5%.

Virgin Money appear to be taking their promise to ‘give customers a better deal’* and to deliver ’easy to understand’* banking seriously so far. They are offering simple accounts with competitive rates and without bonus periods or excessive conditions attached. This has meant that a few of their accounts have made it onto this month’s Deposit Account Rates list.

Please click on the link below for our Deposit Account Rates list for February 2012:

Deposit Account Rates – February 2012

ethical futures

Deposit Account Rates for June 2012

Deposit Account Rates for May 2012

Deposit Account Rates for April 2012

Deposit Account Rates for March 2012

Deposit Account Rates – February 2012

* http://uk.virginmoney.com/virgin/about/