This comparison simply includes all savings accounts.
Shepshed Building Society Instant Access Savings Accounts
Why we like it: 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 Financial Services Compensation Scheme (FSCS)
Why we like it: Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Interest can be paid into account, alternative Nationwide savings or current account, or an external current account. Must be UK resident and aged 16 or older. Headline interest rate applicable if no more than 1 withdrawal per account year, fFor 2 or more withdrawals the interest rate drops to 0.50% AER. FSCS Protected
Why we like it: Unlimited withdrawals subject to 30 days notice.
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.
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.
Why we like it: Earn 1.50% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.
Shepshed Building Society Instant Access Savings Accounts
Shepshed Building Society used to offer both personal and business banking services, including high interest instant access savings accounts. From July 2013, Shepshed Building Society merged with Nottingham Building Society.
Shepshed Building Society Instant Access Account
As all of the high interest accounts that used to be with Shepshed Building Society are now with Nottingham Building Society, if you would like a savings account similar to the account previously offered by Shepshed Building Society then Nottingham Building Society’s Branch Instant account may be suitable for you. The account provides instant access to your savings, whilst giving you competitive interest. In addition, you can make a deposit at any point and there are no withdrawal restrictions.
Nottingham Building Society’s Branch Instant account has some of the best monthly interest that high street banks have to offer, due to its competitive interest rates. It has many attributes that make the Branch Instant account suitable for students, young professionals, over 50s, those look toward retirement and retired individuals. Also, the Branch Instant account has no age restrictions and is well suited to use as a savings account for over 60s.
Features include:
- Competitive interest rates
- Open an account with just £1
- Maximum balance of £750,000
- Unlimited withdrawals
- Easy saver rates
- Manage your accounts instantaneously with online access
Review our table above to compare Nottingham Building Society’s savings account with other instant access high street savings accounts.
Quick online application setup from Nottingham 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.
The interest rates offered by savings accounts fail to give savers enough interest to counter the adverse effect of inflation. As a result, people are losing money in real terms. In the UK there are hundreds of savings accounts available to the general public; however, none of them provide any real financial advantage. This is because the Bank of England’s base rate is usually used as a template for the savings accounts’ interest rates.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
