This comparison simply includes all savings accounts.
Yorkshire Bank Current Account
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
Why we like it: MARKET LEADING INSTANT ACCESS ACCOUNT. Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2021. Must be UK resident and be aged 18 or older
Why we like it: Interest paid annually. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
Why we like it: Easy access savings account that tracks the Bank of England base rate. Wave goodbye to the constant cycle of account hopping and forget waiting for banks to pass on higher interest rates. Interest rate moves with the Bank of England base rate, guaranteeing a fixed margin of up to 0.5% below, and adjusts the very next day. Easy access to your money with once a month withdrawals, without notice and without fees. Earn daily interest on your money, and experience the power of compounding to make your savings work harder. Maximum deposit £250,000. Wombat has partnered with GB Bank to bring you the Base Rate Tracker. GB Bank is an award-winning, fully authorised and regulated UK bank. FSCS eligible on your deposits. Must be UK resident. Must be aged 18 or older
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.
Why we like it: Tiered interest: £1 to £10,000 – 4.80% Gross/AER, £10,001 to £50,000 – 4.80% Gross/AER, £50,001 to £500,000 – 4.80% Gross/AER. 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
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
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)
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)
Why we like it: Interest paid monthly or annually. Open in a single or joint name. Unlimited deposits and withdrawals. Covered by the FSCS. Must be UK resident. Must be aged 16 or older
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)
Why we like it: MARKET LEADING 6 MONTH FIXED RATE BOND. Interest paid at maturity. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2021. Must be UK resident and be aged 18 or older. No withdrawals permitted
Yorkshire Bank Current Accounts
Yorkshire Bank offer a range of current accounts as well as the new ‘B’ current account in partnership with Clydesdale Bank. Firstly, their Current Account Plus option provides you with straightforward banking plus an overdraft option.
Current Account Plus is one of Yorkshire Bank's standard current accounts that comes with a number of benefits, including:
- An overdraft facility
- Access to Savings Account Plus, which lets you earn interest on your savings. You are able to transfer the money from one account to the other easily
- 24-hour telephone and internet banking
- An internet banking app
- Withdrawal of up to £500 cash a day
- Contactless debit card to make payments up to £30 quickly and easily
There is no monthly account fee for their standard account.
They also offer a Signature Current Account for £13.50 a month which offers a number of rewards in terms of insurance cover. This could possibly save you a lot of money if you currently hold separate policies for these items. All year round insurance policies included with this account include:
- Family travel insurance which is provided by AIG Europe Limited and provides multi-trip cover for you and your family, including winter sports, golf and weddings abroad.
- UK breakdown cover which is provided by Green Flag and covers you whether you’re a driver or a passenger. It includes home calls.
- Mobile phone insurance provided by Lifestyle Services Group, which covers your phone (with a value of up to £1000 including VAT) for loss, theft and accidental damage.
- Gadget insurance provided by Lifestyle Services Group offering cover for many devices including cameras, MP3 players, laptops, tablets and more with a value between £50 and £750 including VAT.
- ID Defender provided by Lifestyle Services Group which lets you access your credit reports, check if your personal details are being used online, and get support and advice when you need it.
Discounts are also available for Signature Current Account holders when you shop at certain major high street stores and supermarkets such as Sainsbury’s and Morrisons as well as some holidays, cinema, concert tickets and events.
Yorkshire Bank also offer, in partnership with Clydesdale Bank, a new current account and instant savings account that work fluidly together within one super-smart app called B. Launched earlier this month, the app-based B account is available on both Apple and Android devices, so you can log on whenever you want and set up savings pots, tag and track spending or automatically sweep cash between current and savings accounts. You can also link any offset mortgages you hold with Clydesdale or Yorkshire Bank to your B current or instant savings account to help reduce the amount of interest you owe.
You can find more information on this under the specific ‘B’ tab on this website.
Yorkshire Bank do not pay interest on credit in your current account. The savings account which you receive with your account 0.10% but will fall to 0.01% in the New Year. The B savings account is currently at 1% interest but will fall to 0.75% interest in the New Year.