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)
*Headline rate includes a guaranteed fixed bonus rate of 3.05% 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
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
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
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
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 1.25% 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
Interest paid daily. Unlimited next working day withdrawals. No fees or charges for holding account. Sidekick partner with multiple banking partners to provide a range of savings products. The current Easy Access savings account is provided by OakNorth Bank, a fully regulated UK Bank. FSCS eligible on your deposits. Apply and manage account via mobile app. Must be UK resident. Must be aged 18 or older
£500 bonus to boost your savings if you receive a residential purchase mortgage offer from Leeds Building Society
Why we like it
The Home Deposit Saver lets you earn a competitive rate of interest whilst building up the deposit needed for your first or next home. Open and manage online. FSCS Protected. You can only pay in up to £500 in a single month. Withdrawals are limited to 1 each year. You can deposit up to £30,000 in total. Bonus eligibility criteria apply
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
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)
Penrith Building Society Instant Access Savings Accounts
Penrith Building Society offers business and personal banking services to all its members. They have a selection of accounts including high interest instant access savings accounts.
Penrith Building Society Instant Access Shares Account
If you want a high interest account that can help you save, without restricting access to your funds, but still get you a return on your investment then Penrith Building Society’s Instant Access Shares account may suit you. The account does not impose any restrictions on the number of withdrawals you can make and you can complete a deposit at any point. The account has some of the best monthly interest high street banks have to offer. The account has many attributes that may make it an attractive option to students, young professionals, over 50s, those looking towards retirement and retired individuals. Penrith Building Society opens their account to everyone above 18, which makes their Instant Access Shares account available as a savings account for over 60s.
Features include:
Competitive interest rates
Open an account with just £10
Maximum balance of £150,000
Easy saver rates
Manage your accounts instantaneously with online access
Review our table above to compare the Penrith Building Society savings account with other instant access high street savings accounts.
Quick online application setup from Penrith Building Society
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.
Savings accounts' interest rates fail to match or beat inflation, which means savers are losing money in real terms. Despite the vast number of savings accounts available in the UK, there are none that provide any substantial financial advantage. This is because savings accounts’ interest rates are heavily determined the base rate set by the Bank of England. 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.
