Last updated: 12 September 2024 at 14:20
Top fixed rates see further cuts as other sectors remain stable.
Average fixed rate bonds experienced a month-on-month drop with fewer accounts offering 5.00% returns, according to analysis from Moneyfactscompare.co.uk.
It found the leading one-year account fell from 5.40% to 5.05% between August and September.
Meanwhile, top five-year bonds slipped from 4.95% to 4.64% in the same period.
These rates have since declined further, and this week sit at 5.00% AER and 4.37% AER for one- and five-year accounts respectively.
Read more: Bonds offering 5% dwindle as top fixed rates suffer further cuts
Elsewhere on the savings market, top rates for easy access and notice accounts are holding firm.
Listed below are the providers that currently offer the best easy access, fixed and notice savings rates. These products are available to new customers with a £10,000 deposit. Note that higher rates may be available to existing customers or those who are willing to save more than £10,000.
You can also visit our charts to compare top rates across the whole of the savings market.
