*Headline rate includes a guaranteed fixed bonus rate of 3.01% 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
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
Withdraw on any 4 days a year. Unlimited deposits. Open in sole or joint name. FSCS Protected
After 12 months, the account will be transferred to an online easy access savings account
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 FSCS
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
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)
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
Interest rate tracks the Bank of England (BoE) Base Rate
Why we like it
Unlimited deposits and withdrawals.Open and manage online or in app. Open in single or joint name (online only). FSCS Protected. £500,000 maximum deposit across all OakNorth accounts (£1,000,000 for joint accounts)
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
Christmas Regular eSaver
Interest AER5.00%
Min deposit£1
TermInstant Access
Christmas Regular eSaverYorkshire Building Society
Save up to £150 per month until October 2026. From November 1st 2026 your account will be transferred to an online easy access savings account. Open in a single or a joint name. Open and manage account online. FSCS Protected
Unlimited deposits and withdrawals. Maximum of 1 sole account and 1 joint account per person. Open and manage your account online. 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 to an Everyday Saver. Before the term ends, Santander will contact you with your new interest rate
The Co-operative are renowned for their success in the retail industry, but they also offer personal and business banking services. They provide a range of accounts that offer flexible access to your money, including high interest instant access savings accounts.
Co-operative Bank Instant Access Savings Account
One of the available high interest accounts through Co-operative Bank is their Instant Access account. This account allows you to make a deposit whenever you need and has no restrictions on the number of withdrawals you can make, giving you complete control over your savings.
Co-operative Bank’s Instant Access account has some of the best monthly interest that high street banks have to offer, its range of features make the account suitable for students, young professionals, over 50s, those look toward retirement and retired individuals. The Co-operative bank do not impose an age limit for their accounts, which means their Instant Access Savings account can be used as a savings account for over 60s.
Features include:
Competitive interest rates
Open an account with just £1
Maximum balance of £1 million
Unlimited withdrawals
Easy saver rates
Manage your accounts instantaneously with online access
Review our table above to compare Co-operative Bank’s savings account with other instant access high street savings accounts.
Quick online application setup from Co-operative Bank
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 savings accounts that are currently available fail to give savers enough interest to combat the effect of inflation, or even match it, which means peoples’ savings are eroding in real terms. There are plenty of savings accounts available in the UK; however, they do not give any real financial advantage to savers. This is because the interest they offer is based on 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.
