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News releases

CACI data analysed by Paragon Bank  showed that the saving market has seen a small dip in value for the first time this year, although average savings balances have reached a new high. 

Paragon Bank has launched its Triple Access Account, which is paying a competitive rate of 0.65% AER variable*. 

Paragon Bank has launched its Triple Access ISA account, which is paying a top of market rate of 0.65% AER variable*. 

CACI data analysed by Paragon Bank  showed that UK saving balances have reached record highs, despite the fixed rate market share continuing to shrink.

CACI data analysed by Paragon Bank showed that the average savings balance now stands at a record £12,077 as savings balances have continued to grow throughout the pandemic. 

CACI data analysed by Paragon Bank  showed that easy access non-ISA savings have grown their market share consistently throughout the last year, and now account for a record 60% of total savings.

Paragon Bank has launched two new entries to the easy access market as well as boosting the rate on its two-year fixed rate ISA. 

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

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.