Easy Access | The Savings Guru

Easy Access

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Al Rayan Bank	0.80%	£1,000 / No Maximum	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly	This account pays expected profit, rather than interest, to meet Sharia law requirements.
BB Aldermore	0.80%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Peterborough based Aldermore Bank were formed in 2009 and look after over £10bn of deposits
Kent Reliance	1.00%	£1,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly Paid Annually	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 Savings Bank.
BB Marcus	1.05%	£1 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	Marcus launched in September 2018 and is part of US bank Goldman Sachs and now has over 500,000 customers in the UK with £17bn of balances. It has been in our best buys every day since launch.
National Savings & Investments	1.00%	£1 / £2m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Added to the account Paid 1st April	National Savings & Investments is not a bank but is backed by the UK government and therefore is 100% safe. It is one of the largest savings providers in the UK, looking after £167bn of savings with over 25 million customers.
Apply Now	1.05%	£100 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Monthly Paid Annually	RCI consistently pay some of the best rates in the easy access market. They are now a UK licensed bank and covered by the Financial Services Compensation Scheme
ZZ Saga	1.00% (0.20% bonus)	£1 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	Saga savings relaunched in October and is now part of Marcus by Goldman Sachs which has over 500,000 customers in the UK with £17bn of balances. The account comes with a 0.20% bonus for the first 12 months. We don't normally feature bonus accounts but this one would still be in our best buys without the bonus element.
Apply Now	0.75%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Essex based Shawbrook have consistently appeared in our best buys since August 2017
The Family Building Society	1.06%	£100 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded Paid on 31st January	Excellent 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.
Virgin Money	1.01%	£1 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly Paid Annually	A very low minimum balance, but does come with limited access as this account is limited to two withdrawals per annum and closing your account is classed as a withdrawal.

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