This comparison simply includes all savings accounts.
AA 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: Minimum deposit £1000. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £1,000. Interest paid at maturity. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. 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: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. 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: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. 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: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. 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: 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.
Why we like it: Check where you’re up to anytime, anywhere with our app and online banking. Keep track of your money with real-time balance and transaction details. Instant spending alerts. Send money in seconds to your existing payees or set up new ones. Contactless debit card. Pay in cash and cheques at the Post Office. Use your fingerprint or facial recognition as a way to access your account. Lock your card if you lose it, and unlock it again if it turns up. No minimum monthly pay in. No fees if we’re refusing a payment due to lack of funds (such as if a Direct Debit bounces). No credit checks. Improve your credit score. Apply in a few minutes with no tricky questions
Compare AA savings accounts
Finding the right savings account can affect how quickly your savings grow. Of course, the savings account that works for you will depend on the amount of savings you have, how long you are prepared to put your savings away for and the amount of interest you are looking to receive.
To find the best savings account for your set of circumstances, you should review the accounts available through the AA below.
A number of high street banks have recently increased their current account interest rates to encourage more customers to switch accounts.
It should be noted that high interest current accounts often have a ceiling over which they will not pay interest. Therefore, for smaller amounts of money a current account could be a good option.
Bear in mind, if you have a substantial amount of savings, you are better off moving anything over the interest-paying limit to a different savings account.
AA do not provide a current account.
Instant Access Savings Accounts
AA currently offer two savings accounts with instant access: the Easy Saver account and the Member Saver account.
The Easy Saver account offers competitive interest whilst giving you the flexibility to withdraw your savings at any time. It should be noted that the interest reverts to an underlying rate after the first year.
The Member Saver account provides a slightly higher rate than the Easy Saver account, however it is exclusively available to AA members.
If you have a substantial amount of savings and you are looking to benefit from £20,000 tax-free interest ISA allowance, you could explore the AA ISAs.
The Easy Access ISA from the AA offers the ability to withdraw from your savings and earn tax-free interest, in exchange for a lower interest rate than their other products.
AA also offer 1 or 2 year Fixed Rate ISAs, which offer their highest rate of interest. However, the Fixed Rate ISAs prohibit you from making any withdrawals. Therefore, you should only consider the AA’s fixed rate product if you are confident that you will not need your savings for the duration of the term.
