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  • 1.80% AER*
    2 Year Fixed Rate

    Protect your hard-earned savings from changes to interest rates and be sure of the return on your money. Open your 2 Year Fixed Rate savings account online today with a choice of monthly or annual interest payments.

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1 Year Fixed Rate



  • 1 year fixed rate account
  • Min balance - £1,000
  • Max balance - £100,000
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Sheila's story

“Paragon Bank caught my attention with their competitive interest rates and then won my business with their simple online application process and clear communications.”

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FSCS box

Your eligible deposits with Paragon Bank are protected up to a total of £75,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

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Our products

Whether you want access to your money at any time, or are happy to leave it untouched for a while, we have a savings solution to suit you.

Our savings accounts


Paragon Car Finance

Available through a network of UK based car dealers and brokers; Paragon Car Finance provides highly competitive loans to help people buy the car of their choice.

Paragon Personal Finance

Working with registered brokers, Paragon Personal Finance provides competitive secured loans. Clear and easy to understand and backed up with knowledge and extensive experience in the industry, we’ve got a loan plan to suit you.


Paragon Bank funds a number of mortgage solutions exclusively for the buy-to-let market through the Mortgage Trust brand, part of the Paragon Group of Companies.

Paragon Bank's Standard Variable Rate (SVR) is currently 5.35% (with effect from 01/09/14).


*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded on an annual basis

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 5390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551