Which UK bank offers the best term deposits for 1 year14.04.2020

Bankchart.co.uk has surveyed the terms of term deposits for 1 year in the national currency. The survey covered all the deposits with any form of interests repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the loan offers from 20 most popular UK banks, which place rates on their websites. Review date - 14.04.2020

As of 09 April 2020 the deposits under review have been offered by 13 banks.  The average interest rate under such deposits equals 0,71 % p.a. The total number of the deposits programs available for the specified terms is 28.

The maximal return among the deposits under review is offered by Investec Bank. The interest rate under "fixed term deposits" deposit program constitutes 1,55 % p.a. The table below shows the best offers by each bank selected by Bankchart.co.uk (in terms of profitability) for the aforementioned terms.

The TOP-13 term deposits for 1 year, as of 09 April 2020

#

Name

Interest Rate, %

1

1,55

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 25 000,00

2

1,35

interest rate, %

rate type

fixed

interest periodicity

monthly

minimum sum

£ 0,00

3

1,20

interest rate, %

rate type

fixed

interest periodicity

monthly, annually

minimum sum

£ 500,00

4

1,00

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 1,00

5

1,00

interest rate, %

rate type

fixed

interest periodicity

monthly

minimum sum

£ 1,00

6

0,90

interest rate, %

rate type

fixed

interest periodicity

monthly

minimum sum

£ 2 000,00

7

0,85

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 0,00

8

0,80

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 0,00

9

0,65

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 50 000,00

10

0,65

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 50 000,00

11

0,45

interest rate, %

rate type

fixed

interest periodicity

monthly

minimum sum

£ 2 000,00

12

0,40

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 2 000,00

13

0,05

interest rate, %

rate type

fixed

interest periodicity

annually

minimum sum

£ 5 000,00

To view the up-to-date rating of the deposits at our website here.

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