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Easy Access

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options SG Verdict
AL / Hampshire Trust Bank
1.15% £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
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Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Annually

London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014 and now looks after in excess of £1.63bn of deposits.

 

Al Rayan Bank
1.80% £2,500 / 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.  

 Brown Shipley - Raisin
1.55% £1,000 / £85,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Monthly

Founded in 1810, Brown Shipley is a UK authorised private bank with over 200 years of experience, and is regulated by both the PRA and FCA.  It is headquartered in London with offices in seven other UK cities, offering fully integrated wealth planning, investment management and banking services.

This product is only available via the Raisin UK platform but comes with a £25 sign up bonus for Savings Guru customers.  You can find out more about Raisin, and how to claim the sign up bonus here

Charter Savings Bank
1.54% £5,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

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

Chase
1.50% £1 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
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Post
Telephone

  • Paid Away or Compounded
  • Paid Monthly

Chase is a new digital bank that has been launched by US banking group JP Morgan

Cynergy
1.60% (0.15% bonus for 12 months) £1 / £1m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Annually
  • Paid Away

This account includes a bonus of 0.15% for 12 months.  After 12 months the rate will drop to 1.45%. We don't usually include accounts with bonus rates but, as this will still be in our best buys without the bonus, we have on this occasion.

Cynergy was formerly known as Bank of Cyprus, which has operated in the UK since 1955, and looks after £1.76bn of savings

Family Building Society - Premium saver
1.50% £1,000 / £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 who look after over £2bn of savings. 

Additions to this account can only be made up until 3pm on 16th August 2022, after which no further amounts can be added.

Withdrawals are permitted but are restricted to £25,000 per day.

FCE Bank
1.55% £1 / £2m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

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.

Marcus
1.50% (0.25% bonus for 12 months) £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

This account includes a bonus rate of 0.25% for 12 months.  We don't usually include accounts with bonus rates but, as this will still be in our best buys without the bonus, we have on this occasion.

Nationwide - Triple Access
1.50% £1 / No max

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Annually
  • Added to the account

Addditions are permitted but rate drops to 0.01% if more than three withdrawals are made during the 12 month term

Addditions are permitted but rate drops to 0.01% if more than three withdrawals are made during the 12 month term

Nationwide are the largest building society and one of the top seven savings providers in the UK by value of deposits managed

Newcastle Building Society
1.50% £1 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Annually

Withdrawals are permitted but the interest rate drops to 0.75% if more than three withdrawals are made in a yea

Newcastle is the eighth largest building society in the UK, looking after £3.4bn of savings

Saga
1.50% (0.25% bonus for 12 months) £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 700,000 customers in the UK with £21bn of balances.

This account includes a bonus rate of 0.25% for 12 months.  We don't usually include accounts with bonus rates but, as this will still be in our best buys without the bonus, we have on this occasion.

Sainsburys Bank
1.55% £1,000 / £500,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Annually

Sainsbury’s Bank opened in 1999 and was the first supermarket bank to open in the UK.

This account is limited to three withdrawals each year, otherwise the rate reduces to 0.65%.

Shawbrook Bank
1.75% £1,000 / £85,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

Essex based Shawbrook launched in 2011 and looks after £7.84bn of savings

Find out more about them here

Skipton Building Society - Double Access
1.56% £5,000 / £1m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Annually

This product is limited access with only two withdrawals per year with a third withdrawal in the year acting as closure of the account.

Skipton is the 4th largest building society in the UK and looks after £21bn of deposits.  

Tandem Bank
1.65% £1 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Monthly
  • Paid Compounded

Tandem acquired Harrods Bank in January 2018.  This 'green' saver can only be opened and managed via Tandem's mobile app but has a very low minimum balance

Yorkshire Building Society
1.55% (£10,000+) 1.25% (£1,000+) £1 / No max

Branch
App
Internet
Post
Telephone

Branch
App
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Post
Telephone

  • Paid Away or Compounded
  • Paid Annually
  • Paid 31st March

This account comes with unlimited withdrawals and tiered rates of interest, with 1.60% payable on balances of £50,000+

Yorkshire are the 3rd largest building society in the UK and look after £30.7bn of savings.

Zopa Bank
1.50% £1 / £50,000

Branch
App
Internet
Post
Telephone

Branch
App
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Post
Telephone

  • Paid Away or Compounded
  • Paid Monthly

Zopa started life as a peer to peer lending business in 2005 but became a licensed bank in 2019 and launched their first savings accounts in August 2020.

This account comes with savings pots which pay 1.55% (7 Day Notice), 1.65% (31 Day Notice) and 1.85% (95 Day Notice)

You can find out more about them here

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

Find out moreMeet the Team

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