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
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 2.95% for the first 12 months (on balances up to £1 million), plus the standard variable rate which is currently 1.15%. 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
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
New customers use promo code INSTANT12 and deposit at least £1 within 14 days to receive a 1.10% AER boost to standard 3.50% AER rate for 12 months
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
Interest calculated monthly. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must retain a minimum balance of £20,000 in the account. Must be UK resident and be aged 18 or older
The interest rate tracks the Bank of England (BoE) Base Rate. Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month. Open and manage account online. Your eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme. The maximum deposit you may pay into any one OakNorth Account is £500,000. The maximum amount (excluding the interest) that you will be allowed to hold on deposit with OakNorth Bank across multiple accounts is also £500,000. Unlimited withdrawals, subject to 95 days notice. Available to individuals, aged 18 or over, who are UK residents
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)
Scottish Building Society Instant Access Savings Accounts
Scottish Building Society specialises in both personal and business banking. They have a variety of savings accounts on offer, including high interest instant access savings accounts.
Scottish Building Society Instant Access Saver Account
If you are searching for a high interest account with instant access and no need for long term commitment, then the Scottish Building Society Instant Access Saver account may be a good option for you. This account gives you instant access to your savings, so you can deposit and withdraw from your savings with no additional penalty charges.
The Instant Access Saver account presents the opportunity to access some of the best monthly interest high street banks have to offer, through Scottish Building Society’s competitive interest rates. The Instant Access Saver account is suitable for children, students, young professionals, over 50s, those look toward retirement and retired individuals. Scottish Building Society prides themselves on their ability to provide banking services to everyone and as such there are no upper age restrictions for their accounts, which means the Instant Access Saver account may be a good option 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 Scottish Building Society savings account with other instant access high street savings accounts.
Quick online application setup from Scottish 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.
Peoples’ savings are eroding in real terms, as savings accounts’ interest rates continue to fail to match inflation. The general public have a number of different savings accounts to choose from; however, the majority of them do not provide any financial advantage. This is because the savings accounts’ interest rates are heavily dependent on 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.