Coventry BS pays a top rate of 1.4% interest on its Limited Access Saver account. The rate includes a 12-month bonus, after that interest drops to 1.15% and it only permits three penalty-free withdrawals a year. It requires a minimum deposit of £1.
Ford Money pays 1.45% AER (1.44% monthly income) on its one-year fixed rate Isa. It is a Portfolio Isa which means savers can open more than one Isa under the same tax-free wrapper to divide cash between easy-access and fixed rates. It requires a minimum deposit of £500.
Oaknorth Bank pays a top rate of 1.71% AER interest on its fixed-rate bond lasting six months. The minimum deposit is £,1,000. You must apply and manage your account online
Gatehouse Bank pays 1.9% AER interest on one-year fixed term deposit plus This is Money readers can earn up to £80 bonus for opening an account and depositing their pot. The bank is Sharia compliant and therefore quotes expected profit rather than guaranteed interest. It requires a minimum deposit of £1,000.
RCI Bank pays 1.3% AER variable interest on its easy access deal – the best rate on the market without a temporary rate bonus. Deposits in its Freedom Savings Account have no FSCS protection, but you are covered for up to €100,000 by the French equivalent (FGDR) It requires a £100 deposit.