What is a Best Buy Fixed Rate Account or Savings Account?
A Best Buy rating is awarded to accounts that have the highest interest rate in the whole of the market for a specific type of account at particular point in time. The best savings rates often change and it is unlikely you will always be able to benefit from the best savings rate unless you are prepared to regularly switch your financial provider. HiSAVE Fixed Rate Accounts (also known as Fixed Rate Bonds) regularly appear in best buy tables meaning you can be confident you are getting some of the best fixed rates available in the market. As well as regularly offering Best Buys, we also ensure we offer consistently high interest rates on our savings accounts which are free from catches or penalties. For example our Savings Account offers a high interest rate that you can rely on – the AER will beat the Bank of England base rate by at least 0.30% until Dec 2011. This means you can sit back and relax in the knowledge you are earning consistently high interest rates.