Easy Access
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
4.90% | £1,000 / £1,000,000 | Branch | Branch |
| This account is limited to up two withdrawals within an anniversary year. If three or more withdrawals are made in the year, the rate reduces to 1.50% from the date of the third withdrawal. The interest rate resets to the higher rate at the next anniversary. Peterborough based Aldermore launched in 2009 and look after over £13.1bn of deposits. You can find out more about them here |
|
4.84% | £1 / £250,000 | Branch | Branch |
| All money deposited in the Chip Instant Access Account is held by the UK authorised bank ClearBank and is eligible for the Financial Services Compensation Scheme (FSCS) |
|
5.08% | £1 / £85,000 | Branch | Branch |
| Active Savings is a savings platform, provided by investment giant Hargreaves Lansdown, which offers savers access to a range of products from its partner banks and building societies. |
|
5.06% | £1 / £85,000 | Branch | Branch |
| Active Savings is a savings platform, provided by investment giant Hargreaves Lansdown, which offers savers access to a range of products from its partner banks and building societies. |
|
5.03% | £25,000 / £400,000 | Branch | Branch |
| Monument Bank launched in December 2021 and plans to target mass affluent individuals via its mobile app. Consequently, it has a higher minimum balance requirement than other savings providers. |
|
4.90% | £1 / £2m | Branch | Branch |
| Cahoot is a division of Santander, which is one of the top seven savings providers, by size, in the UK |
|
5.00% | £5,000 / £1m | Branch | Branch |
| Wolverhampton based Charter Savings launched in 2015. It is now part of One Savings Bank which looks after a combined £16.6bn across its Charter Savings and Kent Reliance savings brands |
|
5.20% | £1 / £250,000 | Branch | Branch |
| This is a limited access account which means savers can only make three withdrawals a year. From the fourth withdrawal onwards, a charge of 50 days interest will be made Competitive rate from Coventry Building Society which is the 2nd largest building society in the UK looking after £38.2bn of deposits |
|
5.04% | £100 / £250,000 | Branch | Branch |
| Competitive rate from Epsom based Family Building Society with a low minimum balance. Deposits can be made by debit card or bank transfer but withdrawals are restricted to £25,000 per day. |
|
4.95% | £1 / £2,000,000 | Branch | Branch |
| Essex based Ford Money have regularly been in our best buy tables since their launch in April 2017. The rate is variable but any changes get notified to savers who benefit from any upward movements automatically. |
|
5.00% | £1,000 / £250,000 | Branch | Branch |
| This account is limited to three withdrawals per year, after which your savings will be moved to an access account. Furness Building Society is based in Barrow-in-Furness and was founded in 1865. It looks after £920m of deposits. |
|
5.00% | £1,000 / £250,000 | Branch | Branch |
| This account pays expected profit, rather than interest, to meet Sharia law requirements |
|
5.01% | £1,000 / £1,000,000 | Branch | Branch |
| Kent Reliance are part of One Savings Bank, which is listed on the FTSE 250. One Savings Bank has recently completed its merger with Charter Court Financial Services and the combined group looks after £16.6bn of savings |
|
4.94% | £1,000 / £500,000 | Branch | Branch |
| This account has same day access subject to a 1pm cut off period. Oxbury is a specialist agricultural bank, focused on lending to UK farms. It got its banking licence in 2020 and launched savings accounts in February 2021. Savers will need a smartphone to download the Oxbury Banking App as part of the security measures to access their online account You can find out more abouy them here |
|
5.05% | £1 / £500,000 | Branch | Branch |
| The rate on this account drops to 1.50% if three or more withdrawals are made within a 12 month period Birmingham based Paragon launched in 2014. You can find out more about them in our banking directory here |
|
4.85% | £1 / £1m | Branch | Branch |
| Savers can only make two withdrawals per calendar year from this account. It can be closed at any time but closure counts as a withdrawal. Principality is the 6th largest building society in the UK, looking after £7.6bn of savings |
|
5.00% | £1 / £1m | Branch | Branch |
| Only four withdrawals are permitted from this account before the account reverts to an Online Saver at a lower rate on the fifth withdrawal. Scottish Building Society is Scotland's only independent building society and started life in 1848. They have branches in Edinburgh, Glasgow, Iverness, Troon and Galashiels and look after £380m of savings. Accounts are open to UK residents. |
|
5.03% | £1,000 / £85,000 | Branch | Branch |
|
Birmingham based Secure Trust Bank look after over £2bn of deposits. They launched their first easy access account in March 2022 Find out more about them here |
|
5.11% | £1,000 / £85,000 | Branch | Branch |
| Essex based Shawbrook launched in 2011 and looks after £7.84bn of savings Find out more about them here |
|
5.20% | £5,000 / No max | Branch | Branch |
| Ulster Bank is based in Northern Ireland but this account is open to UK residents too, although only by internet application |