Paragon Bank has increased rates offered across its entire range of one, two, three and five-year fixed rate cash ISAs to offer more choice to savers looking for competitive tax-free options. 

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. 

Paragon Bank is targeting a top-of-the-market position with its 1 Year Fixed Rate ISA after increasing the rate to 0.80%.

Paragon Bank is targeting top-of-the-market positions for its range of fixed rate cash ISAs after it increased rates across four of its products. 

Paragon Bank boosted rates available to savers in the cash ISA space by increasing the return offered across its one, three and five-year fixed rate ISAs.

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. 

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

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 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 .