OakNorth Bank 1 Year Fixed Rate Savings Account Increased To 2.03% AER

Written by Editorial Team
Last updated: 14th January 2023

Challenger bank OakNorth has increased its interest rate on its 1 year fixed rate bond account to 2.03%.

With the based rate currently at 0.75% savers might want to consider this account if they are looking to get more from their cash.

According to Moneyfacts this is currently one of the best 1 year fixed rates in the UK market.

The next best rate is offered by Zenith Bank who are offering 2%.

If you are happy to tie up funds for 18 months you can currently get 2.05% from Masthaven Bank.

For latest savings rates in the UK see our comparison savings rates tables.