{"id":43782,"date":"2023-10-18T11:19:21","date_gmt":"2023-10-18T11:19:21","guid":{"rendered":"https:\/\/histarmar.net\/?p=43782"},"modified":"2023-10-18T11:19:21","modified_gmt":"2023-10-18T11:19:21","slug":"savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals","status":"publish","type":"post","link":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/","title":{"rendered":"Savers should act ‘swiftly’ as providers pull top fixed rate deals"},"content":{"rendered":"

<\/p>\n

Savers are being urged to act fast to snap up the top deals as interest rates on fixed accounts dip.<\/p>\n

Following today\u2019s\u00a0inflation result, James Hyde, a spokesperson at\u00a0Moneyfactscompare, said: \u201cInflation remains well above the Government\u2019s target of two percent, and as such is still eating into savers\u2019 money in real terms. It is vital that people consider their options to ensure their investments are delivering competitive returns.\u201d<\/p>\n

According to Mr Hyde, some of the latest top fixed rate savings\u00a0deals have “fallen slightly” since the last inflation announcement, although top rating easy access accounts have continued to rise.<\/p>\n

He said: \u201cThere is still a good deal of competition and movement at the top end of the market, so savers should have the flexibility to spread their cash to allow them to take advantage of higher returns but also retain resilience for any unexpected circumstances.<\/p>\n

\u201cHowever, people should be aware that popular accounts may be pulled or their rates could decrease, so swiftness to secure the best option is key.\u201d<\/p>\n

READ MORE: <\/strong> Martin Lewis issues home insurance alert on exact day you should renew policy<\/strong><\/p>\n

<\/p>\n

Chorley Building Society is topping the list for easy access savers with an Annual Equivalent Rate (AER) of 5.3 percent. This far exceeds last month\u2019s market-leading deal from Paragon Bank at 5.05 percent.<\/p>\n

Meanwhile, the top fixed rate on offer is the Union Bank of India\u2019s one-year account with an AER of 6.11 percent. This reflects a drop from the top rate last month, which saw NS&I take the lead at 6.2 percent.<\/p>\n

The next top fixed rate on offer is JN Bank\u2019s 5.97 percent on its three-year account. This marks a slight drop from last month\u2019s top rate with BLME at six percent.<\/p>\n

Following 14 consecutive Base Rate rises, the Bank of England\u2019s decision to pause at 5.25 percent in September precipitated \u201ca cooling\u201d in the rise of top savings rates, but Mr Hyde noted there continues to be \u201csubstantial activity\u201d between providers, and competitive deals are available.<\/p>\n

Don’t miss… <\/strong>
PPI payouts could return – even if you’ve already made a successful claim[INSIGHT] <\/strong>
‘I’m a money saving expert – my tip will save \u00a34,000 in 100 days easily'[EXPLAINED] <\/strong>
Experts issue alarming savings warning for high 6% interest rates[ANALYSIS] <\/strong><\/p>\n

He said: \u201cIt remains essential that savers are prepared to vote with their feet if they are not being incentivised to show loyalty. Savers should consider which type of account suits them best, and how much access they require to their savings, to secure the best return.\u201d<\/p>\n

Providers have again been especially willing to \u201craise the bar\u201d on ISAs this month, with several notable improvements introduced across the market.<\/p>\n

Chorley Building Society is also offering the highest rate for an easy access ISA with a 5.15 percent AER. This is up from Moneybox\u2019s leading rate last month at 4.75 percent.<\/p>\n

Virgin Money continues to retain the top rate for one-year fixed ISAs with an AER of 5.85 percent, unchanged from last month.<\/p>\n

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n

However, the top two-year fix has marginally dropped from Kent Reliance\u2019s 5.79 percent account to NatWest\u2019s 5.65 percent offer.<\/p>\n

UBL UK also retains its top spot in the five-year fix range, offering an AER of 5.54 percent, unchanged from last month.<\/p>\n

Mr Hyde said: \u201cWith the choice of ISA products among the highest level on our records, and variable rates still rising, now may be a good time to consider options in this area.<\/p>\n

\u201cRegardless of which options savers choose to pursue, they should consider all options fully alongside their personal circumstances, and be aware of less established brands which may be offering more enticing deals.\u201d<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Savers are being urged to act fast to snap up the top deals as interest rates on fixed accounts dip. Following today\u2019s\u00a0inflation result, James Hyde, a spokesperson at\u00a0Moneyfactscompare, said: \u201cInflation<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nSavers should act 'swiftly' as providers pull top fixed rate deals - histarmar<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Savers should act 'swiftly' as providers pull top fixed rate deals - histarmar\" \/>\n<meta property=\"og:description\" content=\"Savers are being urged to act fast to snap up the top deals as interest rates on fixed accounts dip. Following today\u2019s\u00a0inflation result, James Hyde, a spokesperson at\u00a0Moneyfactscompare, said: \u201cInflation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/\" \/>\n<meta property=\"og:site_name\" content=\"histarmar\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T11:19:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/best-savings-rates-warning-2023-5018934.jpg?r=1697625872385\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/\",\"url\":\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/\",\"name\":\"Savers should act 'swiftly' as providers pull top fixed rate deals - histarmar\",\"isPartOf\":{\"@id\":\"https:\/\/histarmar.net\/#website\"},\"datePublished\":\"2023-10-18T11:19:21+00:00\",\"dateModified\":\"2023-10-18T11:19:21+00:00\",\"author\":{\"@id\":\"https:\/\/histarmar.net\/#\/schema\/person\/bd83d16d88852f915ed79f4ac43b288e\"},\"breadcrumb\":{\"@id\":\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/histarmar.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World News\",\"item\":\"https:\/\/histarmar.net\/category\/world-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Savers should act ‘swiftly’ as providers pull top fixed rate deals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/histarmar.net\/#website\",\"url\":\"https:\/\/histarmar.net\/\",\"name\":\"histarmar\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/histarmar.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/histarmar.net\/#\/schema\/person\/bd83d16d88852f915ed79f4ac43b288e\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/histarmar.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/41b05721f7d80e1e707b70447e9375b5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/41b05721f7d80e1e707b70447e9375b5?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Savers should act 'swiftly' as providers pull top fixed rate deals - histarmar","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/","og_locale":"en_US","og_type":"article","og_title":"Savers should act 'swiftly' as providers pull top fixed rate deals - histarmar","og_description":"Savers are being urged to act fast to snap up the top deals as interest rates on fixed accounts dip. Following today\u2019s\u00a0inflation result, James Hyde, a spokesperson at\u00a0Moneyfactscompare, said: \u201cInflation","og_url":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/","og_site_name":"histarmar","article_published_time":"2023-10-18T11:19:21+00:00","og_image":[{"url":"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/23\/590x\/secondary\/best-savings-rates-warning-2023-5018934.jpg?r=1697625872385"}],"author":"mediabest","twitter_card":"summary_large_image","twitter_misc":{"Written by":"mediabest","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/","url":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/","name":"Savers should act 'swiftly' as providers pull top fixed rate deals - histarmar","isPartOf":{"@id":"https:\/\/histarmar.net\/#website"},"datePublished":"2023-10-18T11:19:21+00:00","dateModified":"2023-10-18T11:19:21+00:00","author":{"@id":"https:\/\/histarmar.net\/#\/schema\/person\/bd83d16d88852f915ed79f4ac43b288e"},"breadcrumb":{"@id":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/histarmar.net\/world-news\/savers-should-act-swiftly-as-providers-pull-top-fixed-rate-deals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/histarmar.net\/"},{"@type":"ListItem","position":2,"name":"World News","item":"https:\/\/histarmar.net\/category\/world-news\/"},{"@type":"ListItem","position":3,"name":"Savers should act ‘swiftly’ as providers pull top fixed rate deals"}]},{"@type":"WebSite","@id":"https:\/\/histarmar.net\/#website","url":"https:\/\/histarmar.net\/","name":"histarmar","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/histarmar.net\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/histarmar.net\/#\/schema\/person\/bd83d16d88852f915ed79f4ac43b288e","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/histarmar.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/41b05721f7d80e1e707b70447e9375b5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41b05721f7d80e1e707b70447e9375b5?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/posts\/43782"}],"collection":[{"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/comments?post=43782"}],"version-history":[{"count":1,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/posts\/43782\/revisions"}],"predecessor-version":[{"id":43783,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/posts\/43782\/revisions\/43783"}],"wp:attachment":[{"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/media?parent=43782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/categories?post=43782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/histarmar.net\/wp-json\/wp\/v2\/tags?post=43782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}