Barnsley Building Society has claimed the top spot in the Which? fixed-rate savings account Best Rate table by launching a new one-year fixed-rate account paying 3% gross/AER.
The account is available to new and existing customers and can be opened and operated either online or by telephone. Savers can also choose to open their account by telephone and operate it by post.
Access to your money or early closure of the account is not permitted during the fixed-term period, however additional deposits are allowed until the withdrawal date.
The bond pays interest on the 31 July 2011, or on the last day of the month if the monthly interest option is taken.
Protecting your money
Savers with Barnsley Building Society and Chelsea Building Society accounts should be aware that their money is protected alongside deposits held with with Yorkshire Building Society savings brands. For more information regarding the Financial Services Compensation Scheme (FSCS) and how to ensure your savings are safe, read the guide.
Which? Best Rate savings accounts
Which? compares savings accounts based on stringent criteria in order to help you make the most of your money. We look at standard savings accounts as well as fixed rate savings accounts and cash Isas.
For more information on savings accounts and how to choose the right one for you, read the Which? advice guide.
Sign up now to watch the Which? Money 2010 emergency budget liveblog
Chancellor of the Exchequer George Osborne will deliver the government’s emergency budget on Tuesday 22 June, and you can follow his speech as it happens on the Which? Money 2010 emergency budget liveblog.
Sign up now for an email reminder to join us for the Chancellor’s budget speech, and come back to www.which.co.uk/emergencybudget on the day to get the Which? Money take on the budget and to add your questions and comments.
Which? Money when you need it
You can follow @WhichMoney on Twitter to keep up-to-date with our Best Rates and Recommended Provider product and service reviews.
Sign up for the latest money news, best rates and recommended providers in your newsletter every Friday.
Or for money-saving tips, and news of how what’s going on in the world of finance affects you, join Melanie Dowding and James Daley for the Which? Money weekly money podcast
For daily consumer news, subscribe to the Which? news RSS feed here. And to find out how we work for you on money issues, visit our personal finance campaigns pages.