Jump to main content of pageaccessibility informationSitemap
24 Jun 2019

Go Direct Personal Finance News  2009

Building societies hold on to consistency crown

October 2009’s Moneyfacts Consistency Survey has once again seen building societies dominating the results. Today, building societies offer customers 77% of the most consistent savings accounts in the marketplace.

Key points of the October 2009 Moneyfacts Consistency Survey:

For full details, please see appendix.

Louise Holmes, spokesperson at Moneyfacts.co.uk commented: Once again, building societies have come out on top in the Moneyfacts Consistency tables.

“Savers have experienced a tough time recently and have found it difficult to find or rely on an account paying a consistently good rate. Many building societies appear to be listening to customer’s needs by keeping rates at consistent levels.

“While some savers are happy to move their funds to achieve higher returns, many don’t have enough time or simply do not want to keep moving accounts. These findings prove that savers feel most comfortable placing their hard-earned cash in an account that continues to pay a consistently good rate of interest, rather than one where a top rate is paid one minute and withdrawn the next.”

Cash ISA

Most consistent accounts over the last 18 months

Company

Account

Term

Min
Deposit

Total Interest

Gross % (AER)
 as at 1.10.09

Earl Shilton BS

90 Day Cash ISA

90 Day

£10

£181.21

2.45% (2.45%)

Principality BS

e-ISA

None

£1

£178.67

1.80% (1.80%)

Standard Life Bank

Direct Access ISA

None

£1

£176.84

2.65% (2.65%)

Harpenden BS

Simply ISA

Instant

£1

£175.54

2.25% (2.25%)

Monmouthshire BS

Cash ISA
Issue 2

30 Day

£10

£174.57

2.50% (2.50%)

Newbury BS

Notice Cash ISA

60 Day

£50

£171.34

2.10% (2.10%)

* = Introductory rate for a minimum of 6 months. Based on interest earned on £3,000 in 18 months to 1 October 2009

Most consistent accounts over the last 36 months

Company

Account

Term

Min
Deposit

Total Interest

Gross % (AER)
as at 1.10.09

Earl Shilton BS

90 Day Cash ISA

90 Day

£10

£453.06

2.45% (2.45%)

Kent Reliance BS

Direct Cash ISA

None

£1

£448.00

1.42% (1.42%)

Monmouthshire BS

Cash ISA
 Issue 2

30 Day

£10

£447.05

2.50% (2.50%)

Yorkshire BS

e-ISA

None

£10

£445.31

1.90% (1.90%)

Leek United BS

Instant Access Cash ISA

Instant

£1

£438.99

2.00% (2.00%)

Standard Life Bank

Direct Access ISA

None

£1

£437.32

2.65% (2.65%)

Based on interest earned on £3,000 in 36 months to 1 October 2009

 

Internet savings accounts (without bonus)

Most consistent accounts over the last 18 months

Company

Account

Term

Min
Deposit

Total Interest
(Gross)

Gross % (AER)
as at 1.10.09

ICICI Bank UK

HiSAVE Savings

None

£1

£62.96

1.69% (1.70%)

Yorkshire BS

Internet Saver

Instant

£1

£60.68

2.10% (2.10%)

Newcastle BS

Net Savings Issue 7

None

£250

£58.54

1.84% (1.84%)

Halifax

Web Saver Extra

None

£1

£53.31

1.50% (1.50%)

Birmingham Midshires

Easy Internet Savings

None

£1

£53.25

1.75% (1.75%)

Birmingham Midshires

Direct Internet Savings

None

£1

£50.34

1.40% (1.40%)

Based on interest earned on £1,000 in 18 months to 1 October 2009

Most consistent accounts over the last 36 months

Company

Account

Term

Min
Deposit

Total Interest
(Gross)

Gross % (AER) as at 1.10.09

Birmingham Midshires

Direct Internet Savings

None

£1

£139.93

1.40% (1.40%)

Nationwide BS

e-Savings

None

£1

£127.83

0.45% (0.45%)

NatWest    

e-Savings

None

£1

£121.62

1.00% (1.00%)

Coventry BS

NetSave Instant lll

Instant

£1

£120.69

0.50% (0.50%)

Norwich & Peterborough BS

NetmasterGold Save ll

None

£1

£118.37

0.50% (0.50%)

Halifax

Web Saver Cash Card

None

£10

£112.44

0.25% (0.25%)

 

 

 

 

 

 

Based on interest earned on £1,000 in 36 months to 1 October 2009 No Notice savings accounts (without bonus)

Most consistent accounts over the last 18 months

Company

Account

Term

Min
Deposit

Total Interest
(Gross)
18 months

Gross % (AER) as at 1.10.09

Beverley BS

Postal Account

None

£5,000

£545.43

1.65% (1.65%)

Birmingham Midshires

Easy Telephone Savings

None

£1

£532.45

1.75% (1.75%)

Teachers BS

Call Save

None

£1

£530.50

1.60% (1.60%)

Bath BS

Direct Saver

None

£2,500

£504.20

1.55% (1.55%)

Leeds BS

Postal Max

None

£2,500

£476.28

2.15% (2.15%)

Loughborough BS

Loughborough Postal

None

£100

£459.69

1.60% (1.60%)

Based on interest earned on £10,000 in 18 months to 1 October 2009

Most consistent accounts over the last 36 months

Company

Account

Term

Min
Deposit

Total Interest
(Gross)
36 months

Gross % (AER) as at 1.10.09

Beverley BS

Postal Account

None

£5,000

£1,429.10

1.65% (1.65%)

Teachers BS

Call Save

None

£1

£1,396.60

1.60% (1.60%)

Bath BS

Direct Saver

None

£2,500

£1,354.47

1.55% (1.55%)

Mansfield BS

Postal Tracker Three Issue 2

None

£1,000

£1,291.97

0.60% (0.60%)

Britannia

Direct Saver

None

£100

£1,273.83

0.50% (0.50%)

Chesham BS

Save Direct 2nd Issue

None

£2,500

£1,262.75

0.25% (0.25%)

Based on interest earned on £10,000 in 36 months to 1 October 2009

 

Notice savings accounts (without bonus)

Most consistent accounts over the last 18 months

Company

Account

Term

Min
Deposit

Total Interest

Gross % (AER) as at 1.10.09

Leeds BS

Albion 30

30 Day

£5,000

£523.96

2.50% (2.50%)

Chesham BS

Save Direct 90

90 Day

£10,000

£516.61

1.25% (1.25%)

National Counties BS

Direct 90 Notice

90 Day

£5,000

£475.79

1.41% (1.41%)

Harpenden BS

Hertford/Bedford

30 Day

£1,000

£470.19

1.50% (1.51%)

Teachers BS

Minster 90 Plus

90 Day

£5,000

£461.18

1.00% (1.00%)

Bath BS

Lifestyle 60

60 Day

£5,000

£459.83

1.35% (1.35%)

 

 

 

 

 

Based on interest earned on £10,000 in 18 months to 1 October 2009

Most consistent accounts over the last 36 months

Company

Account

Term

Min
Deposit

Total Interest

Gross % (AER)
as at 1.10.09

Chesham BS

Save Direct 90

90 Day

£10,000

£1,422.02

1.25% (1.25%)

Leeds BS

Albion 30

30 Day

£5,000

£1,309.07

2.50% (2.50%)

National Counties BS

Direct 90 Notice

90 Day

£5,000

£1,306.24

1.41% (1.41%)

Teachers BS

Minster 90 Plus

90 Day

£5,000

£1,294.67

1.00% (1.00%)

Bath BS

Lifestyle 60

60 Day

£5,000

£1,263.87

1.35% (1.35%)

Buckinghamshire BS 

Chiltern Gold Notice 90

90 Day

£100

£1,260.75

1.15% (1.15%)

 

 

 

 

 

Based on interest earned on £10,000 in 36 months to 1 October 2009

 

Moneyfacts Group
Moneyfacts is the UK’s leading independent provider of personal financial information and our data is used and trusted throughout the financial industry.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Think carefully before securing other debts against your home, your home may be repossessed if you do not keep up repayments on your mortgage.

Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600

We normally do not charge a fee for mortgage advice, however this is dependent on your circumstances. Our typical fee would be £500

Remortgage | Mortgage Guide | Remortgage Guide | Life Insurance Quote | Mortgage Life Insurance | Decreasing Life Insurance | Home Insurance Quote | Conveyancing Quote | Mortgage Comparison | Free Mortgage Advice | Mortgage Rates | Mortgage Payment Calculator | Mortgage Protection | Best Mortgage | Mortgage Lenders | Income Protection | Remortgage Lenders | Gas and Electric | Remortgage Calculator