Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 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