Inflation Watch

Consumer Prices Index: 3.5% (March 2012)

The following table shows which accounts currently beat inflation for a variety of different types of saver.

Visit our best buy savings account page for a complete listing.

Type of saver Gross interest rate needed to beat inflation Accounts that currently beat CPI
Cash ISA 3.50%

Fixed Rate

Nottingham Building Society 5.00% gross AER

Halifax 4.25% gross AER

Halifax 4.15% gross AER

Santander 4.00% gross AER

Halifax 4.00% gross AER

See other Fixed Rate Cash ISAs that beat inflation

0% tax payer 3.50%

1 Year Fixed Rate

BLME Premier Deposit Account 3.70% gross AER

Cahoot 3.60% gross AER

See other 1 Year Fixed Rate Accounts which beat CPI

2 Year Fixed Rates

BLME Premier Deposit Account 4.25% gross AER

Investec Bank plc 3.87% gross 3.80% AER

Close Brothers Savings 3.75% gross AER

Allied Irish Bank 3.70% gross AER

See other 2 Year Fixed Rate Accounts which beat CPI

3 Year Fixed Rates

BLME Premier Deposit Account 4.20% gross AER

Clydesdale Bank 4.05% gross 3.90% AER

Yorkshire Bank 4.05% gross 3.90% AER

Punjab National Bank 4.05% – 4.25% gross AER

Close Brothers Savings 4.00% gross AER

See other 3 Year Fixed Rate Accounts which beat CPI

4 Year Fixed Rates

BLME Premier Deposit Account 4.50% – 4.70% gross AER

Punjab National Bank 4.25% – 4.50% gross AER

State Bank of India 4.20% gross AER

Halifax 4.05% gross AER

BM Savings 4.00% gross AER

See other 4 Year Fixed Rate Accounts which beat CPI

5 Year Fixed Rates

BLME Premier Deposit Account 4.80% gross AER

Punjab National Bank 4.50% – 4.75% gross AER

State Bank of India 4.50% gross AER

AA 4.40% gross AER

BM Savings 4.40% gross AER

See other 5 Year Fixed Rate Accounts which beat CPI

20% tax payer 4.37%

4 Year Fixed Rate

BLME Premier Deposit Account 4.50% – 4.70% gross AER

Punjab National Bank 4.25% – 4.50% gross AER

5 Year Fixed Rates

BLME Premier Deposit Account 4.80% gross AER

Pubjab National Bank 4.50% – 4.75% gross AER

State Bank of India 4.50% gross AER

AA 4.40% gross AER

BM Savings 4.40% gross AER

See other 5 Year Fixed Rate Accounts which beat CPI

40% tax payer 5.83%

No accounts currently pay 5.83%

50% tax payer 7.00%

No accounts currently pay 7.00%

Inflation related articles

Mixed signals on UK inflation rate as one measure falls whilst another rises (17/04/2012)

Rate inflation continues to slow (20/03/2012)

Good news for savers as rate of inflation slows (14/02/2012)

Inflation falls sharply in December (17/01/2012)

UK inflation fell in November (13/12/2011)

Rate of inflation falls slightly in October (15/11/2011)

Inflation to reach 8% by 2015? (14/11/2011)

Inflation leaps to record high (18/10/2011)

Inflation rises again (13/09/2011)

Consumer Prices Index rises to 4.4% in July (16/08/2011)

Surprise fall in inflation (12/07/2011)

Inflation unchanged (14/06/2011)

Inflation on the rise again (16/05/2011)

Inflation falls in March (12/04/2011)

Inflation rises sharply (22/03/2011)

Inflation, Stagflation and Deflation, what do they all mean and which one will we get?

Inflation rises on the back of VAT increase