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This comparison simply includes all savings accounts.

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 1.30%

Why we like it: MARKET LEADING RATE. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes.

Ford Money
Flexible Saver Ford Money
Min deposit £1
Term Instant Access
Interest AER 1.29%

Why we like it: Open with £1. Unlimited deposits and withdrawals. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.

Ford Money
Flexible Cash ISA Ford Money
Min deposit £1
Term Instant Access
Interest AER 1.17%

Why we like it: Minimum deposit £1. Unlimited deposits. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.

AA Savings
Easy Saver AA Savings
Min deposit £100
Term Instant Access
Interest AER 1.15%

Why we like it: Free withdrawals and no notice period. Deposit from £100. Includes a fixed bonus of 0.95% gross fixed for the first 12 months. Quick and easy online application

Aldermore
Easy Access Account Aldermore
Min deposit £1000
Term Easy Access
Interest AER 1.00%

Why we like it: Earn 1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.

Nationwide
FlexDirect Current Account Nationwide
Open With £1000
Account Type Current Account
Interest AER 5.00%

Why we like it: 5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.

Bank of Cyprus Instant Access Savings Accounts

The Bank of Cyprus offers both business and personal banking services to residents of the UK. They have a variety of accounts including high interest instant access savings accounts.

Bank of Cyprus Instant Access Account

The Bank of Cyprus Instant Access account is one of their high interest accounts that offers comparatively strong interest rates along with instant access to your savings. The Instant Access account gives you the opportunity to make a deposit whenever you like and has no restrictions on how often you withdraw from your savings. The account allows you to stay flexible and gives you complete control of your finances.

The Bank of Cyprus offers some of the best monthly interest that high street banks have to offer. The features of their Instant Access account may make it a viable savings account option for students, young professionals, over 50s, those looking towards retirement and retired individuals. The Bank of Cyprus Instant Access account is even suitable to use as a savings account for over 60s.

Features include:

  • Competitive interest rates
  • No minimum initial deposit
  • Maximum balance of £10 million
  • Available in sterling, euro and US dollar
  • Unlimited withdrawals
  • Easy saver rates
  • Manage your accounts instantaneously with online access

Review our table above to compare the Bank of Cyprus savings account with other instant access high street savings accounts.

Quick online application setup from Bank of Cyprus  

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.

The interest rates available to the general public do not counter the effect of inflation; therefore, in reality people are losing money in real terms. Despite the large number of savings accounts in the financial services market, the majority of them fail to give savers any significant financial advantage. This is because savings accounts’ interest rates are usually determined by the Bank of England’s base rate. We can help you compare a selection of some of the best interest paying accounts. 

For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.

See here for a comparison of leading UK instant access accounts 

Latest news

Pensioner Bond Maturity - 5 Ideas For Your Cash

From January 2018 over 900,000 people who invested in pensioner bonds will start to see their bonds mature. Savers who have been enjoying 4% pa are going to get a shock when they look for comparable returns from cash in the current market. We have put together 5 ideas for your cash in 2018

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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.