This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Compare Best Buys For Your Money

Chip
Instant Access Account Chip
Min deposit £1
Term Instant Access
Interest AER 4.84%

Why we like it: A new savings account from Chip built to move with the Bank of England and reward you faster than the banks. Interest paid monthly. Deposit and withdraw almost instantly. No fees or charges for holding account. FSCS eligible on your deposits. Must be UK resident. Must be aged 18 or older.

Yorkshire Building Society
Easy Access Saver Yorkshire Building Society
Min deposit £1
Term Instant Access
Interest AER 4.80%

Why we like it: Save from £1. Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £500,000. Open and manage account online. FSCS Protected. Must be UK resident. Must be aged 16 or older

Post Office
Online Saver Account Post Office
Min deposit £1
Term Instant Access
Interest AER 4.75%

Why we like it: Choose monthly or annual interest payments. Unlimited deposits and withdrawals. 24/7 access to your savings. Open and manage online. After 12 months the rate will revert to the underlying rate, currently 1.55% gross/AER variable. Post Office Online Saver is provided by Bank of Ireland UK. Must be UK resident. Must be aged 18 or older. FSCS protected

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 4.75%

Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)

Investec Savings
Online Flexi Saver Investec Savings
Min deposit £5000
Term Instant Access
Interest AER 4.70%

Why we like it: Instant access to your savings. Unlimited deposits and withdrawals. Interest paid monthly, either to a linked current account, or adding it to your Online Flexi Saver account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Must be aged 18 or older and have a UK address. Must have a linked UK current account. Your eligible deposits with Investec Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

RCI Bank
E-Volve 14 Day Notice Account RCI Bank
Min deposit £1000
Term 14 Day Notice
Interest AER 4.80%

Why we like it: All funds deposited into the RCI Bank E-Volve Savings 14 Day Notice Account will be used to fund pure electric vehicles and charging facilities. Interest paid monthly or annually. Manage account online. UK-based support, seven days a week. Which? Recommended Savings Provider. Unlimited withdrawals subject to 14 days notice. Must be UK resident. Must be aged 18 or older. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

Investec Savings
90 Day Notice Account Investec Savings
Min deposit £5000
Term 90 Day Notice
Interest AER 5.25%

Why we like it: Unlimited deposits and withdrawals. Interest paid monthly: can be added to your Notice Saver or paid to your linked account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Withdrawals subject to 90 days notice. Must be aged 18 or older and have a UK address. Must have a linked UK current account

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 9 Months
Interest AER 5.05%

Why we like it: 9 month term, minimum deposit £1,000, no withdrawals permitted. FSCS Protected

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 1 Year
Interest AER 5.11%

Why we like it: 1 year term, minimum deposit £1,000, no withdrawals permitted. FSCS Protected

Aldermore
Fixed Rate Bond Aldermore
Min deposit £1000
Term 18 Months
Interest AER 4.65%

Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 2 Years
Interest AER 5.05%

Why we like it: MARKET LEADING 2 YEAR FIXED RATE BOND. Which? Recommended Savings Provider. Save from £1,000 to £250,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 3 Years
Interest AER 4.70%

Why we like it: MARKET LEADING 3 YEAR FIXED RATE BOND. Which? Recommended Savings Provider. Save from £1,000 to £250,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

load more

Instant Access Best Buys

Chip »

Chip Savings offer a very competitive instant access account.

  • 4.84% AER/Gross pa (variable) interest rate
  • Interest rate moves with Bank of England base rate
  • Interest is paid monthly
  • Unlimited payments and withdrawals
  • Apply and manage account online
  • Minimum deposit - £1
  • FSCS Protected

Quick online application setup from Chip

Yorkshire Building Society »

Yorkshire Building Society also offer a very competitive instant access account.

  • 4.80% AER/Gross pa (variable) interest rate for balances over £10,000
  • Tiered interest: 4.80% for balances from £1 to £9999, 4.80% £10,000 to £49,999, 4.45% £50,000+ 
  • Interest is paid annually
  • Unlimited payments and withdrawals
  • Online account
  • FSCS Protected

Quick online application setup from Yorkshire Building Society

Post Office Savings »

Post Office Savings offer a competitive instant access account.

  • 4.75% AER/Gross pa (variable) interest rate
  • Low minimum deposit £1
  • Interest is paid monthly or annually
  • Unlimited payments and withdrawals
  • After 12 months the rate will revert to the underlying rate, currently 1.55% gross/AER variable
  • Online account
  • FSCS Protected

Quick online application setup from Post Office Savings

RCI Bank »

RCI Bank also offer a competitive instant access account.

  • 4.75% AER/Gross pa (variable) interest rate
  • Minimum deposit £1,000
  • Interest is paid monthly or annually
  • Unlimited payments and withdrawals
  • Online account
  • FSCS Protected

Quick online application setup from RCI Bank


Investec Bank »

Investec Bank offer an instant access account.

  • 4.70% AER/Gross pa (variable) interest rate
  • Interest is paid monthly, either to linked bank account or adding back in
  • Unlimited payments and withdrawals
  • Minimum deposit - £5,000
  • FSCS Protected

Quick online application setup from Investec Bank

Aldermore Bank »

Aldermore Bank also offer an instant access account.

  • 4.50% AER/Gross pa (variable) interest rate
  • Minimum deposit £1,000
  • Interest is paid monthly or annually
  • Unlimited payments and withdrawals
  • Online account
  • FSCS Protected

Quick online application setup from Aldermore Bank

Fixed Rate Best Buys

Aldermore Bank 1 Year Fixed Rate Bond »

  • Fixed 1 Year 5.11% at time of writing
  • Interest paid monthly or at maturity
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from Aldermore Bank

Investec Bank 1 Year Fixed Rate Bond »

  • Fixed 1 Year 5.00% at time of writing
  • Interest paid at maturity
  • Minimum deposit - £5,000
  • FSCS Protected up to £85,000

Quick online application from Investec Bank


RCI Bank 2 Year Fixed Rate Bond »

  • Fixed 2 Year 5.05% at time of writing
  • Interest paid monthly or annually
  • Open in single or joint name
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from RCI Bank

Aldermore Bank 2 Year Fixed Rate Bond »

  • Fixed 2 Year 4.70% at time of writing
  • Interest paid monthly or annually
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from Aldermore Bank


RCI Bank 3 Year Fixed Rate Bond »

  • Fixed 3 Year 4.70% at time of writing
  • Interest paid monthly or annually
  • Open in single or joint name
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from RCI Bank

Aldermore Bank 3 Year Fixed Rate Bond »

  • Fixed 3 Year 4.55% at time of writing
  • Interest paid monthly or annually
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from Aldermore Bank

RCI Bank 5 Year Fixed Rate Bond »

  • Fixed 5 Year 4.00% at time of writing
  • Interest paid monthly or annually
  • Open in single or joint name
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from RCI Bank

Aldermore  Bank 5 Year Fixed Rate Bond »

  • Fixed 5 Year 4.00% at time of writing
  • Interest paid monthly or annually
  • Open in single or joint name
  • Minimum deposit - £1,000
  • FSCS Protected up to £85,000

Quick online application from Aldermore Bank

Current Account's

NatWest Select Current Account »

A 5* Defaqto rated everyday bank account which has no minimum monthly deposit and no fee. 

  • No minimum monthly funding
  • No monthly fee
  • Great money management tools with our mobile banking app. ‘Criteria Apply’
  • Multiple ways to pay: Apple Pay, Google Pay™ and Contactless Visa Debit Card. Limits apply
  • Arranged overdraft available (subject to eligibility)
  • FSCS Protected

For more information and to apply for NatWest Select Current Account

 

NatWest Reward Current Account »

A reward current account, earn up to £5 a month.  

  • Earn up to £5 per month back in rewards: £4 for 2 or more Direct Debits (2 of the Direct Debits need to be +£2 each) and £1 with 1 mobile app log in
  • Earn Rewards that you can redeem as cash back, gift cards or e-codes with our retail partners
  • Great money management tools with our mobile banking app. ‘Criteria Apply’
  • Multiple ways to pay: Apple Pay, Google Pay™ and Contactless Visa Debit Card. Limits apply
  • Arranged overdraft available (subject to eligibility)
  • £2 monthly fee
  • Must pay in £1,250 per month
  • FSCS Protected

For more information and to apply for NatWest Reward Current Account

first direct 1st Account »

Access to 7% AER/gross on linked regular savings account.

  • 7% AER/gross for 12 months, available to first direct 1st Account customers who open a new Regular Saver account, saving between £25 and £300 per month
  • No minimum monthly funding
  • No monthly fee
  • £250 interest free overdraft (subject to status)
  • Money banking app
  • UK based contact centre
  • FSCS Protected

For more information and to apply for first direct 1st Account

Santander Everyday Account »

Fee free account for everyday needs.

  • No minimum monthly funding
  • No monthly fee
  • Get cashback, vouchers, prize draws and other offers personalised to you when you use Santander Boosts
  • Mobile banking app
  • Arrange overdraft facility available (subject to status)
  • FSCS Protected

For more information and to apply for Santander Everyday Account

Santander Edge Up Account »

3.50% AER interest on balances up to £25,000 and cashback available.

  • 3.50% AER/3.45% gross (variable) on balances up to £25,000
  • 1% cashback (up to £15 a month) on selected household bills when you pay by Direct Debit
  • 1% cashback (up to £15 a month) at supermarkets and on travel costs when you use your debit card (exclusions apply)
  • Make international payments with no extra fees
  • £5 monthly fee
  • Must pay a minimum of £1,500 into the account each month
  • Arranged overdraft facility (subject to status)
  • FSCS Protected

For more information and to apply for Santander Edge Up Account

 

With UK savings rates at an all time low, you need to take action to ensure your savings are getting the best interest deal possible.

Many savings accounts' interest rates are below inflation, which means people's savings are being eroded in real terms. While there are many savings accounts on the market, many do not offer much of a financial advantage, as they offer interest that only matches the base rate set by the Bank of England. We help you compare a selection of some of the best interest paying accounts. 

A good instant access savings account will offer flexible withdrawal facilities with good rates of interest, and could be suited to savers looking to access their money regularly.

See here for a comparison of leading UK instant access accounts 




Latest news

Popular Fixed Income Plan - Pays 5.67% pa with Monthly Income

Are you getting 5.67% fixed from your capital?  Read More »

Newsletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.