Atom Bank offers savers the best fixed rate in more than a decade: The best deals on the market

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Providers are now beginning to up the returns they give savers, one of the benefits of soaring interest rates

Atom has also upped its rates on its other products, increasing its six-month saver to 3.2 per cent, its one-year fixed account to 4.25 per cent, its two-year to 4.6 per cent and the three-year to 4.75 per cent.before jumping on the new rates, experts say.

Eleanor Williams of Moneyfacts.co.uk said: “Those whose focus is on a guaranteed rate of return may prefer to lock their nest egg away in a fixed-rate bond, although, as rates are very likely to continue to rise, you might choose to focus on the shorter-term bonds available”.Best savings offersUnited Trust Bank – 4.4 per cent

 

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