This month we see the same 6 accounts as the best 3 year, 2 year and 1 year bonds. however that being said all the ICICI accounts interest rates have dropped: 3 year 4.6% down to 4.35%, 2 year 4.1% down to 3.85% and 1 year 3.15% down to 2.75%, they still hold number the top position for 3 year and 2 year term deposits, but are now 2nd for 1 year term bonds.

Compare the best interest rates for 3 years, 2 years & 1 year term deposits:

#	Financial Institution	Rate	Term	Transfer in*	Min^ £
1	ICICI Bank: 36 months fixed at 4.35%.	4.35%	3 Years	YES	1000
2	Nationwide: 3 year e-Bond (annual interest).	4.15%	3 Years	YES	1
3	ICICI Bank: 24 months fixed at 4.7%.	3.85%	2 Years	YES	1000
4	Halifax: Fixed Rate Halifax Web Saver.	3.55%	2 Years	YES	500
5	Northern Rock Fixed Rate Bond issue 389	3%	1 Year	YES	1+
6	ICICI Bank: 12 months fixed at 2.75%.	2.75%	1 Year	YES	1000

*The account lets you transfer money in.^Minimum needed to get best interest rate.

Labels: Accounts, Fixed term savings accounts, Interest