Which UK bank offers the highest interest rates under the term deposits for 1 year15.06.2018
Bankchart.co.uk has surveyed the terms of obtaining 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 deposit offers from 20 most popular UK banks, which place rates on their websites. Review date - 15.06.2018
As of 04 June 2018 the deposits under review have been offered by 6 banks. The average interest rate under such deposits equals 0,85 % p.a. The total number of the deposits programs available for the specified terms is 8.
The maximal return among the deposits under review is offered by Virgin Money. The interest rate under "1 Year Business Fixed Rate Savings" deposit program constitutes 1,60 % 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 -6 term deposits for 1 year, as of 04 June 2018
rate type: fixed
interest periodicity: monthly, annually
minimum sum: £ 0,00
rate type: fixed
interest periodicity: at maturity
minimum sum: £ 5 000,00
rate type: fixed
interest periodicity: monthly, at maturity
minimum sum: £ 5 000,00
To view the up-to-date rating of the deposits at our website here.
Published: 15 June 2018
Author: Prostobank Consulting
Source: https://bankchart.co.uk