This comparison simply includes all savings accounts.
Wesleyan Bank Instant Access Savings Accounts
Why we like it: 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 Financial Services. Compensation Scheme (FSCS)
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Earn 1.00% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Cashback capped at £5 for each cashback tier each month. Must pay in £500 pm.
Wesleyan Bank Instant Access Savings Accounts
Wesleyan Bank offers personal and business banking services to its customers. They have various high interest accounts available, including high interest instant access savings accounts.
Wesleyan Bank Classic Savings Account
If you are looking for an account that provides competitive interest but you are reluctant to tie up your finances for a prolonged period of time, then the Wesleyan Bank Classic Savings account could be a good option for you. This account allows you to stay flexible and offers complete control over your savings, enabling you to deposit and withdraw money at any point.
Wesleyan Bank’s Classic Savings account has some of the best monthly interest that high street banks have to offer. The Classic Savings account has features that make it ideal for students, young professionals, over 50s, those look toward retirement and retired individuals. Weslayan Bank puts no age restrictions on their banking services, including their savings accounts, which means that their Classic savings account could be a viable option as a savings account for over 60s.
Features include:
- Competitive interest rates
- Open an account with just £100
- No maximum deposit or balance
- Unlimited withdrawals
- Easy saver rates
- Manage your accounts instantaneously with online access
Review our table above to compare Wesleyan Bank’s savings account with other instant access high street savings accounts.
Quick online application setup from Wesleyan 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 current crop of savings accounts do not give savers enough interest to match inflation, which means people are losing money in real terms. There are plenty of savings accounts that are available; however, none of them give savers a financial advantage. This is because the savings accounts’ interest rates are heavily dependent on the base rate set by the Bank of England.
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
