Savings Accounts with High Interest
Money Saving
I switched to Chase as my main bank and am overall happy, but in terms of a Savings Account, it's nowhere near as high as these below. Chase is currently 1.50% AER while the other three are...
Santander - 3.25% AER
www.santander.co.uk/personal/savings-and-investments/isas/2-year-fixed-rate-isa
BLME - 2.52% AER
www.blme.com/products-and-services/savings/notice-account/
Zopa - 2.25% AER
I hope Chase increases or I might consider Santander. 
1.50% to 3.25% is quite a boost.
Seems incredible that pre the 2008 financial crash you could get 8% +
Could certainly do with some of that now.
A Chase rep via their live chat system (way better than Barclays' live chat, honestly) told me they don't intend on increasing nor follow Bank of England's rates, but they do review rates.
1.50% is really way too low compared to the rest. They'll either have to up that or risk losing customers to competitors.
Pretty sure that anyone considering a 2 year fixed rate savings deal at a paltry 3.25 % at the moment has a few screws loose ? That will be the instant access rate in a month or two . Particularly after next Thursday's expected 0.75% rise to the BOE base rate to 2.5 % ? With more rises expected to follow ..
Golfforall I was about to say similar... 3.25% fixed rate for two years when high inflation (which will almostly definitely cause interest rates to soar)- is a very poor investment.
Probably better to look for variable rate accounts at the moment.
Always worth keeping an eye the latest rates, depending on the level of savings you are investing. Some banks and building societies are offering very poor rates, fingers crossed they start to pass on the rises as they happen.
Monzo has a fixed rate with 3.16% AER. It's not the highest, but definitely better than Chase's 1.50%.
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