Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Building Societies Hold on to Savings Interest Rates Consistency Crown

Personal_Finance / Savings Accounts Oct 21, 2009 - 01:00 PM GMT

By: MoneyFacts

Personal_Finance

Best Financial Markets Analysis ArticleOctober 2009’s Moneyfacts Consistency Survey has once again seen building societies dominating the results. Today, building societies offer customers 77% of the most consistent savings accounts in the marketplace.


Key points of the October 2009 Moneyfacts Consistency Survey: 

  • 77% of the most consistent savings accounts are offered by building societies
  • Birmingham Midshires and Bath Building Society have the most consistent products, with four products each in the consistency tables.
  • Bimingham Midshires also is the most consistent internet savings provider, with three products featuring in the tables.

Louise Holmes, spokesperson at Moneyfacts.co.uk commented: “Once again, building societies have come out on top in the Moneyfacts Consistency tables.

“Savers have experienced a tough time recently and have found it difficult to find or rely on an account paying a consistently good rate. Many building societies appear to be listening to customer’s needs by keeping rates at consistent levels.

“While some savers are happy to move their funds to achieve higher returns, many don’t have enough time or simply do not want to keep moving accounts. These findings prove that savers feel most comfortable placing their hard-earned cash in an account that continues to pay a consistently good rate of interest, rather than one where a top rate is paid one minute and withdrawn the next.”

Cash ISA

Most consistent accounts over the last 18 months

 

Company

Account

Term

Min

Deposit

Total Interest

Gross % (AER)

 as at 1.10.09

Earl Shilton BS

90 Day Cash ISA

90 Day

£10

£181.21

2.45% (2.45%)

 

Principality BS

e-ISA

None

£1

£178.67

1.80% (1.80%)

 

Standard Life Bank

Direct Access ISA

None

£1

£176.84

2.65% (2.65%)

Harpenden BS

Simply ISA

Instant

£1

£175.54

2.25% (2.25%)

 

Monmouthshire BS

 

Cash ISA

Issue 2

30 Day

£10

£174.57

2.50% (2.50%)

Newbury BS

Notice Cash ISA

60 Day

£50

£171.34

2.10% (2.10%)

* = Introductory rate for a minimum of 6 months.

Based on interest earned on £3,000 in 18 months to 1 October 2009

 

Most consistent accounts over the last 36 months

 

Company

Account

Term

Min

Deposit

Total Interest

Gross % (AER)

as at 1.10.09

Earl Shilton BS

 

90 Day Cash ISA

90 Day

£10

£453.06

2.45% (2.45%)

Kent Reliance BS

 

Direct Cash ISA

None

£1

£448.00

1.42% (1.42%)

Monmouthshire BS

 

Cash ISA

 Issue 2

30 Day

£10

£447.05

2.50% (2.50%)

Yorkshire BS

 

e-ISA

None

£10

£445.31

1.90% (1.90%)

Leek United BS

 

Instant Access Cash ISA

Instant

£1

£438.99

2.00% (2.00%)

Standard Life Bank

Direct Access ISA

None

£1

£437.32

2.65% (2.65%)

 

Based on interest earned on £3,000 in 36 months to 1 October 2009

 

www.moneyfacts.co.uk - The Money Search Engine

Moneyfacts.co.uk is the UK's leading independent provider of personal finance information. For the last 20 years, Moneyfacts' information has been the key driver behind many personal finance decisions, from the Treasury to the high street.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in