One Year Deposit
Online: Vanquis 3.45%
Bank: Santander 4.05%
Building Society: Barnsley 5.00%

Two Year Deposit
Online: Nottingham 4.00%
Bank: The Co-Operative 3.75%
Building Society: National Counties 3.76%

Instant Access
Online: West Bromwich 3.17%
Bank: Santander 2.50%
Building Society: Nottingham 3.25%

Fixed Rate Cash ISA
Online: Clydesdale 4.50%
Bank: Clydesdale 4.50%
Building Society: Barnsley 5.00%

Variable Rate Cash ISA
Online: AA 3.05%
Bank: Santander 4.00%
Building Society: Newcastle 3.00%

Of course none of these rates look good when you consider that RPI is currently running at 5.0% and CPI is 4.40% (according the Office for National Statistics). In fact cash currently locks into a guaranteed loss in real terms.

At the risk of sounding stupid, this is not advice. It is merely a list of some of the best rates currently available. However I advise caution, some banks and building society accounts are not quite what it says on the tin. Some are linked to the stock market – which to my mind is virtually the opposite of deposit. The FSA know this, but so far I have not seen any action by them, though in fairness they are keen to prevent misleading advertising within financial

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email