Easy Access | The Savings Guru

Easy Access

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
z Al Rayan Bank	2.81%	£5,000 / 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.
Apply Now	3% (0% AER plus a bonus of 3%)	£1 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Added to the account	Customers who are eligible to open the account will receive a 3.00% bonus which is calculated daily and updated monthly on the account balance. Your money is held by Clearbank Ltd and is eligible for FSCS protection up to £85,000. However, the bonus is not FSCS protected. Visit Chip's website for the full Terms & Conditions
Atom Bank	2.95%	£1 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	Durham based Atom Bank has attracted over 20,000 customers and £3.2bn of savings since its launch in April 2016. Savers can only access Atom’s products via their mobile app
z Buckinghamshire Building Society	2.85%	£100 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually Paid 31st December	Three withdrawals are allowed between 1 January and 31 December each year without notice or penalty, after which no further withdrawals can be made during that calendar year. A fourth withdrawal within a calendar year will result in the automatic closure of the account. Buckinghamshire is one of the smallest building societies with £234m of deposits
Chase	3.00%	£1 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly	Chase is a new digital bank that has been launched by US banking group JP Morgan. The savings account pays 2.70% interest and comes with a current account which pays 1% cashback on spending and 5% interest on round ups of that spending. The rate on this account will increase to 3% on 13th February 2023
b Coventry Building Society	2.85%	£1 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Monthly Paid Annually Paid on the last working day of the month	This is a limited access account which means savers can only make six withdrawals a year. From the seventh withdrawal onwards, a charge of 50 days interest will be made Competitive rate from Coventry Building Society which is the 2^nd largest building society in the UK looking after £38.2bn of deposits
z Cynergy	2.90% (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 1.97%. 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
Apply Now	2.80%	£1 / £2m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	The best unrestricted account in the market currently from Essex based Ford Money, who have regularly been in our best buy tables since their launch in April 2017.
Newcastle Building Society	3.05%	£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 1.75% if more than three withdrawals are made in a year Newcastle is the eighth largest building society in the UK, looking after £3.4bn of savings
Z Oaknorth	3.05%	£20,000 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises. This is a limited edition account so could be withdrawn at any time You can find out more about them here
Paragon Bank	2.91%	£1 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	The rate on this account drops to 0.75% if four or more withdrawals are made within a 12 month period Birmingham based Paragon launched in 2014 and now look after £9.3bn of savings. You can find out more about them in our banking directory here
Sainsbury Bank	3.05%	£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%.
Secure Trust Bank	2.95%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly	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
Shawbrook	3.01%	£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
b Tandem Bank	3.05% (includes 0.20% bonus for 12 months)	£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	2.85% (£5,000+) 3.35% (up to £5,000)	£1 / No max	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually Paid 31st March	This account permits two withdrawals per annum, plus closure. It pays 3.35% on the first £5,000 and 2.85% on balances above that e.g. £10,000 will earn 3.35% on the first £5,000 and 2.85% on the second £5,000. Yorkshire are the 3rd largest building society in the UK and look after £30.7bn of savings.
Yorkshire Building Society	2.85% (£10,000+) 2.75% (£1,000+)	£1 / No max	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually Paid 31st March	This account comes with unlimited withdrawals and tiered rates of interest, with 2.90% payable on balances of £50,000+ Yorkshire are the 3rd largest building society in the UK and look after £30.7bn of savings.
a Zopa Bank	2.86%	£1 / £85,000	Branch App Internet Post Telephone	Branch App Internet 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 2.91% (7 Day Notice), 3.06% (31 Day Notice) and 3.26% (95 Day Notice) You can find out more about them here

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