Has anyone used Paragon Bank

[Clariman]

At the moment, Paragon Bank seem to have the best rates on 5 year fixed savings accounts and 5 year fixed ISAs. Has anyone ever used them? They appear to be backed by FSCS and British based.

Thanks
Clariman

[mc2fool]

I opened a 1 year fixed account with them about three weeks ago. They were top of MSE's list for those at the time.

I don't have much to report. Everything worked fine and uneventfully. That's it

[DrBunsenHoneydew]

Yes, wife has an ISA with them. No problem.

[Clariman]

Thanks folks

[Pipsmum]

Min savings amount is 1K. Just looked.

[mike]

I've had an account with them for a couple of years, and the interest rate was reduced a few months back from 1.46 to 1.15%.

Only gripe is their Faster Payments are a next working day payment schedule, not almost instantaneous as other accounts I hold (Santander, TSB & RBS).

Otherwise, no problems
Mike