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Featured - ISA allowance
What is the 2024/25 ISA allowance?A new tax-year means a refreshed ISA allowance to allocate. Find out more about the 2024/25 ISA allowance...
Savings
ISAs
Mortgages
Buy to let
Specialist mortgages
Featured - Debt and your credit score
How debt impacts your credit scoreA healthy credit score has its benefits, so make sure you manage your debt correctly.
Loans
Featured - travel insurance
Travel insurance 2024Discover the best travel insurance policy for your next trip.
Home & vehicle
Health & travel
Featured - High interest current accounts
Find current accounts offering in-credit interest rates up to 5.00% AER.
Current accounts
Featured - Purchase Cards
Best purchase credit cardsExplore the best cards with a 0% introductory period.
Credit cards
Credit repair
Calculators & guides
Featured - The triple lock explained
Could the value of your state pension rise by more than inflation?
Retirement
Business savings
Business products
Business insurance
How much can I give as a cash gift?
How much can I give as a cash gift?Will your loved one's gift be tax affected?
Categories
Featured guides
Popular news
Latest news - by category
Other money & finance news
Featured Star Ratings categories
Other Star Ratings categories
Its easy access savings and ISA offers are among the changes from the high street lender.
Nationwide BS increased its rates on a variety of its variable savings accounts today. This includes changes to its Flex Instant Saver 2, 1 Year Triple Access Online ISA 14 and the 1 Year Triple Access Online Saver 15.
The Flex Instant Saver 2 is only available to existing Nationwide BS members.
It also announced a set of increases to several other savings rates, including its off-sale accounts, but this will only take place on 1 December.
“We remain committed to supporting savers, which is why we have increased rates on all our off-sale savings accounts,” said Tom Riley, Director of Retail Products at Nationwide BS.
Below we’ve highlighted some of these changes.
The 1-Year Triple Access Online Saver 15 is an easy access account which increased its rate from 2.10% AER to 2.50% AER.
While interest is compounded and paid on anniversary, you’ll need to keep track of your withdrawals. This is because four or more withdrawals will see your rate drop to 0.75% AER.
To open and manage your account, you’ll need to apply online or via the mobile app.
Despite Nationwide BS’s increase, this easy access offer is still bettered by other providers. HSBC’s Online Bonus Saver holds the market-leading rate at 3.00% AER, but this is only paid if you follow a certain set of guidelines.
Like the 1-Year Triple Access Online Saver 15, the 1-Year Triple Access Online ISA 14 increased its rate to 2.50% AER.
This account is an easy access ISA, which also drops its rate to 0.75% AER if four or more withdrawals are made.
Again, to open and manage your account, you’ll need to apply online or via the mobile app.
The current market-leading rate for easy access ISAs is set by Virgin Money at 3.00% AER, which is explained in more detail in our ISA roundup.
The current market-leading rate for easy access ISAs is set by Virgin Money at 3.00% AER, which is explained in more detail in our ISA roundup.
The Start to Save Issue 2 is a regular savings account which will increase its rate to 5.00% AER on 1 December.
While the rate may seem attractive, it is important to remember how this account operates. Regular savings accounts typically limit your maximum deposit, meaning it can take time to build up your balance to take full advantage of this rate.
For more information on how a regular savings account works, read our guide.
The Start to Save Issue 2’s term is set at two years, and you’ll only be allowed to make a maximum deposit of £50 per month. This means you can save a maximum of £1,200 into your account.
If you were to save the maximum into your account, the most interest you’ll be able to earn will be £63.
Compared to other regular savings deals, NatWest and Royal Bank of Scotland still offer the best rate of 5.12% AER. However, this is only paid on certain balances which are explained in more detail on our charts.
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Each week the Moneyfactscompare.co.uk content team round up and discuss the very best savings rates available in the UK. Compare and apply today.
New leading three- and five-year bonds as other top rates remain stable.
The Moneyfacts Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.
This week's selection includes a five-year bond from GB Bank and a two-year fixed rate mortgage from first direct.
Each week the Moneyfactscompare.co.uk content team round up and discuss the very best ISA rates available in the UK. Compare and apply today.
No change in top variable rates, as best fixed returns fluctuate.
Each week the Moneyfactscompare.co.uk content team round up and discuss the very best savings rates available in the UK. Compare and apply today.
New leading three- and five-year bonds as other top rates remain stable.
The Moneyfacts Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.
This week's selection includes a five-year bond from GB Bank and a two-year fixed rate mortgage from first direct.
Each week the Moneyfactscompare.co.uk content team round up and discuss the very best ISA rates available in the UK. Compare and apply today.
No change in top variable rates, as best fixed returns fluctuate.
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