This comparison simply includes all savings accounts.
Aldermore Savings Accounts
Why we like it: Interest paid annually. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
Why we like it: Easy access savings account that tracks the Bank of England base rate. Wave goodbye to the constant cycle of account hopping and forget waiting for banks to pass on higher interest rates. Interest rate moves with the Bank of England base rate, guaranteeing a fixed margin of up to 0.5% below, and adjusts the very next day. Easy access to your money with once a month withdrawals, without notice and without fees. Earn daily interest on your money, and experience the power of compounding to make your savings work harder. Maximum deposit £250,000. Wombat has partnered with GB Bank to bring you the Base Rate Tracker. GB Bank is an award-winning, fully authorised and regulated UK bank. FSCS eligible on your deposits. Must be UK resident. Must be aged 18 or older
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. Must be UK resident. Must be aged 18 or older.
Why we like it: Tiered interest: £1 to £10,000 – 4.80% Gross/AER, £10,001 to £50,000 – 4.80% Gross/AER, £50,001 to £500,000 – 4.80% Gross/AER. 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
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: 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 1.55% 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
Why we like it: 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)
Why we like it: 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)
Why we like it: Interest paid on maturity. Automatic repayment to your linked account. Maximum deposit £250,000. FSCS Protected. Must have a UK residential address and be aged 18 or older. No withdrawals permitted
Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £250,000. 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: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Compare Aldermore savings accounts
Aldermore is a retail bank that specialises in savings and lending for SMEs and individuals. The company has a strong focus on providing a fast, smooth service to their customers. They offer a variety of savings accounts to suit different types of savers and their needs.
Fixed Rate Accounts
Commonly known as “fixed rate bonds”, this type of account offers a guaranteed rate of interest for the life of the bond in exchange for not being able to access your money during this period.
Aldermore offer fixed rate accounts for periods of 1-5 years with a minimum deposit of just £1,000. The longer the term of the bond, the better interest rate you will be offered and you can take your interest monthly, annually or when the bond matures.
Easy Access Savings Accounts
Aldermore’s easy access account allows you to deposit and withdraw money whenever you like with no fees or penalties. You can start an account with a minimum deposit of £1,000 and make as many withdrawals as you like.
An easy access account lets you earn interest while still giving you instant access to your money when necessary. Aldermore allows you to manage your account online, by phone or by post.
Notice Savings Accounts
Similar to its easy access accounts, Aldermore’s notice accounts can be opened with just £1,000 and allow you to add or withdraw money as often as you like. The difference is that you have to give 30 days’ notice before making a withdrawal, but in exchange you will get a slightly higher interest rate than for an easy access account.
ISAs
ISAs allow UK taxpayers to earn interest on a certain amount of their savings without paying tax on the proceeds. The amount of tax-free interest you can earn is decided by the government and changes over time. For the current tax year the amount is £20,000.
Aldermore currently offer three types of ISAs – Fixed Rate Cash ISAs, Notice Cash ISAs and an Easy Access Help to Buy ISA. These give different interest rates and conditions on adding and withdrawing funds. The Easy Access Help to Buy ISA also provides a bonus when used towards purchasing a property if you are a first time buyer.
ISAs do not tend to offer the best interest rates, so you need to consider whether the amount you are likely to save in tax will be more than the extra interest you could earn from a higher paying account.
Find the best savings account for you
The types of accounts, interest rates and other features providers, such as Aldermore, offer change regularly to reflect market conditions and consumer demand. This can make it hard to know what the best offers are for you at any given moment.
Our savings account comparison table at the top of this page allows you to quickly contrast some of the best savings accounts currently available from across the industry. These deals are frequently updated, meaning you can always stay on top of the most attractive savings opportunities on offer.
