About this product
Paragon's two-year fixed-rate savings account fixes the interest rate for the full term. It offers monthly or annual interest and can be managed online or by post. The minimum opening balance is £1,000.
Advantages
- Fixed interest rate for two years
- Monthly or annual interest payments
- Online or postal account management
Things to consider
- No withdrawals during the fixed term
- Further deposits are only accepted within 28 days of application
Regulation and protection
Authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per eligible person, per authorised firm. Accounts sharing a banking licence share this limit.