What is the best fixed rate savings account currently available?

My nan is looking to put aside some money (approx 拢20,000) %26amp; we are looking for the best rate.





She would like the account to be with a well known provider %26amp; she would not need to make withdrawals in the short term (1 or 2 years).





The best ideas we have so far are Abbey/Bradford %26amp; Bingley which do 4% but with monthly deposits necessary. SAGA have one at 3.5%.





Any recommendations please... Thank you!
What is the best fixed rate savings account currently available?
Don't be swayed by answers that are really adverts in disguise. (see above).


Check out fixed rate bonds on the Net. Make sure that it is covered by the FSCS Financial services compensation scheme. This means that if the building society goes bust, and none can claim total security these days, although they all will, the British Government guarantees your money up to 拢50,000.





ICICI Supersave has the best rate today. They are covered by the FSCS but they are an Indian Bank, and if the Indian government offer a higher protection, they must pull out of the British protection. This is a worry as any guarantee is only as strong as the government that gives it.





For complete peace of mind go for one of the big names.