Paragon has won the Best Long Term Fixed Rate Cash ISA Provider award in the 2018 Savings Champion Awards.

Paragon was also highly commended in three other categories - Best Overall Cash ISA Provider, Best Fixed Rate Cash ISA Provider and Best Short Term Fixed Rate Bond Provider – after being nominated for a total of nine awards, including Best Savings Provider.

Tom Adams, Head of Research at independent savings advice site, Savingschampion.co.uk said:

“Paragon had an excellent all-round performance at the 2018 Savings Champion Awards, demonstrating commitment to providing both choice and value to savers in this challenging savings environment. Because of this outstanding performance, Paragon was one of just five providers shortlisted for our prestigious ‘Best Savings Provider’ award – an accolade that only those that demonstrate value across the board are eligible for.

“In fact, Paragon was shortlisted in a total of eight other categories in our awards this year, which is an excellent achievement and one that shows that they are aiming to cover more of savers’ needs than those providers that specialise in a few areas only. Of the newer so-called challenger banks, Paragon is one of a select few that offers cash ISAs in addition to standard savings accounts, nominated for four cash ISA categories along the way.

“And Paragon was not just nominated for awards, it scooped up the award for Best Long Term Fixed Rate Cash ISA Provider, as well as being Highly Commended for Best Fixed Rate Cash ISA Provider, Best Short Term Fixed Rate Bond Provider and Best Overall Cash ISA Provider.

“Outstanding, consistent and all-round performance deserves recognition and these nominations and awards should go some way to highlight that Paragon is one of a select group of savings providers that are doing the right thing for savers in today’s challenging times”.

Recognised as one of the UK’s leading independent experts on cash-based savings, Savingschampion.co.uk describe themselves as one of the few places savers can go for truly independent, whole of market savings advice.

The Savings Champion team have an enviable reputation in the national press as one the most quoted experts on cash-based savings, with their views and recommendations regularly picked up in the likes of The Telegraph and on Radio 4’s Moneybox programme.

The awards – now in their fifth year - recognise not only those Banks and Building Societies that offer consistently good rates for new savers, but also those providers that support their existing savers and offer high levels of customer service as well.

15 January 2018