This is Money rounds up the best new fixed-rate savings providers

The best new fixed-rate savings offerings have been collated by This is Money.

Although interest rates have remained low, several providers have boosted rates on new issues of fixed-term bonds, the site highlighted.

For example, First Direct is offering a new one-year bond paying three per cent gross.

Norwich & Peterborough Building Society also has increased rates on its fixed-rate bonds.

The firm's six-month e-Bond is up 0.3 percent and now has a rate of 2.55 per cent.

However, the site pointed out that the best one-year bond by phone and post is from Barnsley, part of Yorkshire Building Society.

Launched last week, the bond pays 3.05 per cent and accepts from £100 to £1 million.

"These new rates are among the best-buys and will be an option for investors looking for short-term deals," Louise Holmes, savings expert at independent data compiler Moneyfacts, said. 

Moneyextra.com recommends you take independent financial advice before acting on any article

Back

2010-12-07 16:35:38 © Moneyextra.com