CACI data analysed by Paragon Bank revealed the true cost of inertia, after it showed that nearly three quarters of easy access account balances are receiving well under the average easy access rate

Paragon Bank has boosted the interest rates on its two and three year fixed rate bonds and its one-year fixed rate ISA, in order to offer more choice for savers looking for competitive fixed rates. 

Paragon Bank has increased the interest rates across its one, two, three and five year fixed rate bonds and fixed rate ISAs in order to offer more choice for savers looking for competitive fixed rate 

The award-winning provider has re-issued its Triple Access Savings Account, which is paying a rate of 0.41% AER variable*, in order to increase competitive options available for savers in the access s

The average easy access balance has continued its upward trajectory during lockdown and exceeded a record £11,000, according to CACI data analysed by Paragon Bank . 

Paragon Bank has launched a new Limited Edition Easy Access ISA, which is paying a rate of 0.41%, in order to expand the range of competitive cash ISA options available to savers for the new tax year.

Paragon Bank has increased the interest rates across its one, two, three and five year fixed rate bonds in order to offer more choice for savers looking for competitive fixed rate options.

Paragon Bank has urged savers not to miss out on building tax free savings through ISAs, as industry data shows ISA category growth is 36 times slower than the non-interest bearing market 

The average easy access non-ISA balance has increased 10% year-on-year, from £9,995 to £10,989, as the easy access market continues its upward trajectory. 

The award-winning ISA provider has re-issued its Triple Access ISA account, which is paying a rate of 0.40%, in order to increase ISA options available to savers ahead of the end of the tax year.