Paragon launches new fixed rate savings account
Paragon Bank is launching a new two year fixed rate savings account today with an interest rate of 2.21% AER on deposits from £1,000 up to £100,000.
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Coming on top of Paragon Bank’s new three and five year fixed rate savings accounts launched last week (paying 2.50% and 3.00% AER respectively), Paragon Bank gives savers a choice of interest rates to select from depending on their individual circumstances.
Richard Doe, Paragon Bank’s Managing Director, commented:
“Paragon Bank aims to offer savers consistently competitive products that are simple to understand and easy to manage. The rates currently available on our two, three and five year fixed rate accounts are among the best in the market and our straightforward online application system make them an easy switch for busy savers.”
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