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This comparison simply includes all savings accounts.

Cahoot
Simple Saver Cahoot
Min deposit £1
Term Instant Access for 12 months
Interest AER 4.05%

Why we like it

Unlimited deposits and withdrawals. Open in sole or joint name. FSCS Protected. After 12 months, cahoot will transfer your account to an cahoot Savings Account. Before the term ends, cahoot will contact you with your new interest rate

Details

Interest Paid Monthly or annually
Maximum Balance £500,000
Minimum Age 16
UK Resident Yes
Cahoot
Simple Saver Cahoot
Min deposit £1
Term Instant Access for 12 months
Interest AER 4.05%

Why we like it

Unlimited deposits and withdrawals. Open in sole or joint name. FSCS Protected. After 12 months, cahoot will transfer your account to an cahoot Savings Account. Before the term ends, cahoot will contact you with your new interest rate

Details

Interest Paid Monthly or annually
Maximum Balance £500,000
Minimum Age 16
UK Resident Yes
Hampshire Trust Bank
Online Easy Access Account Hampshire Trust Bank
Min deposit £1
Term Instant Access
Interest AER 4.00%

Winner of Platinum Feefo Trusted Service Award in 2024

Why we like it

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 2024. Must be UK resident and be aged 18 or older

Details

Interest Paid Annually
Maximum Balance £250,000
Minimum Age 18
UK Resident Yes
Hampshire Trust Bank
Online Easy Access Account Hampshire Trust Bank
Min deposit £1
Term Instant Access
Interest AER 4.00%

Winner of Platinum Feefo Trusted Service Award in 2024

Why we like it

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 2024. Must be UK resident and be aged 18 or older

Details

Interest Paid Annually
Maximum Balance £250,000
Minimum Age 18
UK Resident Yes
Investec Savings
Online Flexi Saver Investec Savings
Min deposit £5000
Term Instant Access
Interest AER 4.00%

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)

Details

Interest Paid Monthly
Maximum Balance £250,000
Minimum Age 18
UK Resident Yes
Investec Savings
Online Flexi Saver Investec Savings
Min deposit £5000
Term Instant Access
Interest AER 4.00%

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)

Details

Interest Paid Monthly
Maximum Balance £250,000
Minimum Age 18
UK Resident Yes
Tesco Bank
Internet Saver Account Tesco Bank
Min deposit £1
Term Instant Access
Interest AER Inclusive of Bonus Rate* 3.95%

Why we like it

*Headline rate includes a guaranteed fixed bonus rate of 2.95% for the first 12 months (on balances up to £1 million), plus the standard variable rate which is currently 1.05%.  After 12 months, you’ll continue to receive the standard variable rate (all rates are Gross/ AER. Annual interest payments. Unlimited deposits and withdrawals (daily limits apply). 24/7 access to your savings through the mobile app. Your eligible deposits held by a UK establishment of Barclays Bank UK PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Barclays, Barclays Business Banking, Barclays Premier Banking, Barclays Wealth Management and Tesco Bank. Any total deposits you hold above the limit between these brands are unlikely to be covered

Details

Interest Paid Annually
Maximum Balance £1,000,000
Minimum Age 18
UK Resident Yes
Tesco Bank
Internet Saver Account Tesco Bank
Min deposit £1
Term Instant Access
Interest AER Inclusive of Bonus Rate* 3.95%

Why we like it

*Headline rate includes a guaranteed fixed bonus rate of 2.95% for the first 12 months (on balances up to £1 million), plus the standard variable rate which is currently 1.05%.  After 12 months, you’ll continue to receive the standard variable rate (all rates are Gross/ AER. Annual interest payments. Unlimited deposits and withdrawals (daily limits apply). 24/7 access to your savings through the mobile app. Your eligible deposits held by a UK establishment of Barclays Bank UK PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Barclays, Barclays Business Banking, Barclays Premier Banking, Barclays Wealth Management and Tesco Bank. Any total deposits you hold above the limit between these brands are unlikely to be covered

Details

Interest Paid Annually
Maximum Balance £1,000,000
Minimum Age 18
UK Resident Yes
Post Office
Online Saver Account Post Office
Min deposit £1
Term Instant Access
Interest AER 3.90%

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% 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

Details

Interest Paid Monthly or annually
Maximum Balance £2,000,000
Minimum Age 18
UK Resident Yes
Post Office
Online Saver Account Post Office
Min deposit £1
Term Instant Access
Interest AER 3.90%

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% 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

Details

Interest Paid Monthly or annually
Maximum Balance £2,000,000
Minimum Age 18
UK Resident Yes
Leeds Building Society
Online Access Saver Leeds Building Society
Min deposit £1000
Term Instant Access
Interest AER 3.90%

Why we like it

Unlimited deposits and withdrawals. Open and manage online. FSCS Protected

Details

Interest Paid Annually
Maximum Balance £1,000,000
Minimum Age 18
UK Resident Yes
Leeds Building Society
Online Access Saver Leeds Building Society
Min deposit £1000
Term Instant Access
Interest AER 3.90%

Why we like it

Unlimited deposits and withdrawals. Open and manage online. FSCS Protected

Details

Interest Paid Annually
Maximum Balance £1,000,000
Minimum Age 18
UK Resident Yes
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Barclays Instant Access Savings Accounts

Barclays is one of the biggest banks in the UK. They provide a range of savings accounts offering flexible access to your money, including high interest instant access savings accounts.

Barclays Everyday Saver Account

Barclays have a range of high interest accounts. One of the accounts available with Barclays is their Everyday Saver account. The Barclays Everyday Saver account gives you the freedom to deposit and withdraw savings at any point with no delays, allowing complete instant access to your savings.

The Barclays Everyday Saver account provides competitive interest rates, along with some of the best monthly interest offered by high street banks. Its many features make the Everyday Saver account best suited to students, young professionals, over 50s, those looking towards retirement and retired individuals. 

Features include:

  • Competitive interest rates
  • Open an account with just £1
  • Maximum balance of £10 million
  • Unlimited withdrawals
  • Easy saver rates
  • Manage your accounts instantaneously with online access

Barclays Everyday Saver account can even be used as a savings account for over 60s. 

Review our table above to compare Barclays’ savings account with other instant access high street savings accounts.

Quick online application setup from Barclays

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.

People are losing money in real terms, as the interest rates available through savings accounts fail to match inflation, let alone counter its affect on savings. In reality, although there are many savings accounts available in the UK, the majority of savings accounts do not offer any financial advantage. This is because the interest that savings accounts offer is based on the Bank of England’s base interest 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 

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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.