Shawbrook Bank wins five savings awards

20 February 2014

Shawbrook Bank has been recognised in two of the UK’s highly rated personal finance consumer awards for 2014.
The bank was named ‘Most Consistent Fixed Rate Bond Provider’ and ‘Best Business Savings Provider’ at the Moneynet Personal Finance Awards which were announced at the beginning of January.

Shawbrook was also voted ‘Best Notice Account Provider’, ‘Best Fixed Rate Bond Provider’ and was highly commended in the ‘Best Business Savings Account Provider’ category in the first SavingsChampion.co.uk awards.

“News that we have won these five awards has given us a great kick start to 2014. We have won 10 awards over the past 12 months which is a testament to the hard work of all our savings team,” said James Blower, Director of Savings at Shawbrook Bank.  

“One of our commitments to customers is that we will offer consistently competitive rates on our savings products, so to win awards recognising Shawbrook as the most consistent and most competitive savings provider is absolutely fantastic.

“We are developing a reputation in the business savings market for paying good rates and offering straightforward gimmick-free products for SMEs, so to be acknowledged for this category as well is excellent news.”

The SavingsChampion.co.uk awards acknowledge excellence in a wide range of savings categories, recognising those providers that have raised the bar and supported savers over the last 12 months.

The comprehensive awards selection process involved weekly reviews of the savings market for each category choosing only those providers who offered some of the best rates on the market for a sustained period during 2013

Anna Bowes, Director at SavingsChampion.co.uk said “We’re not surprised to see Shawbrook Bank scoop up multiple accolades at our 2014 Savings Awards. They have consistently shown great value for savers throughout 2013 and continue to do so. Personal and Business customers alike have been offered competitive rates on fixed term and notice accounts and we hope to see much of the same for 2014”

Moneynet is one of the longest established financial comparison sites in the UK. The website provides an online service enabling people to compare rates, prices and terms across a range of financial products. This is Moneynet’s fourth annual awards recognising the top personal finance providers and products from the last 12 months

Steve Pavis of Moneynet said; "Shawbrook Bank has certainly lived up to its tag as a Challenger Bank over the last 12 months keeping its peers and mainstream lenders on their toes with a highly competitive pricing strategy.

"It's good news for savers that the up and coming banking brands are punching above their weight and offering some of the best rates on the market.”