This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

This comparison simply includes all savings accounts.

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 1.42%

Why we like it: No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes.

Ford Money
Flexible Saver Ford Money
Min deposit £1
Term Instant Access
Interest AER 1.42%

Why we like it: Open with £1. Unlimited deposits and withdrawals. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.

Aldermore
Easy Access Account Aldermore
Min deposit £1000
Term Easy Access
Interest AER 1.25%

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.

Wyelands Bank
Fixed Rate Bond Wyelands Bank
Min deposit £5000
Term 6 Months
Interest AER 1.60%

Why we like it: Save from £5,000. No withdrawals during the term. FSCS Protected

Ford Money
Fixed Saver Ford Money
Min deposit £500
Term 1 Year
Gross AER 2.00%

Why we like it: Minimum deposit £500. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.

Ford Money
Fixed Saver Ford Money
Min deposit £500
Term 2 Years
Gross AER 2.22%

Why we like it: Minimum deposit £500. Open an account singly or jointly. Interest can be paid monthly or annually. Eligible deposits covered by UK FSCS.

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 3 Years
Interest AER 2.36%

Why we like it: Save from £1,000 to £1,000,000. No withdrawals before the end of the term. RCI Bank are protected up to a total of €100,000 by the FGDR (Fonds de Garantie Dépôts et de Résolution), the French deposit protection scheme. Apply online.

Vanquis
Fixed Rate Bond Vanquis
Min deposit £1000
Term 4 Years
Interest AER 2.50%

Why we like it: Minimum deposit £1,000. Interest paid monthly or annually. Apply online. Eligible deposits covered by UK FSCS.

Vanquis
Fixed Rate Bond Vanquis
Min deposit £1000
Term 5 Years
Interest AER 2.70%

Why we like it: Minimum deposit £1,000. Interest paid monthly or annually. Apply online. Eligible deposits covered by UK FSCS.

Compare Ulster savings accounts

Ulster Bank offers various accounts targeted at different kinds of savers. Knowing which is best for you means being clear about your own financial situation and saving goals. See below for a selection of saving accounts.

Current Accounts

A current account may well offer you the best return on relatively small amounts of money. 

If there is too much money in your current account, you will generally get a better return by moving it to a different kind of account.

Instant Access Savings Accounts

Ulster bank eSavings currently offers a market leading instant access account of 1.25% AER/Gross pa (variable) which can be accessed online, by telephone or via a mobile app.

If you want to a deposit a lump sum while retaining the option to add to it later or take money out when you need it, an instant savings account may be best. There are normally no fees or penalties for adding and removing funds, although there may be an annual limit on how often this can be done.

Many instant access accounts allow you to take money out at cash points, making them especially convenient. You will normally also be able to make online and phone transfers when you need to.

Fixed Rate Bonds

If you have a lump sum that you don’t need to use any time soon, a fixed rate bond can offer very good returns. The headline advantage is that you get a guaranteed rate of interest for a set period (often 1-5 years), although you cannot normally touch your money until that period expires.

The longer the life of the bond, the better interest rate you will usually get. Some providers may allow you to make early withdrawals but this will usually incur a penalty in the form of lost interest.

Cash ISAs

ISAs allow you to avoid paying tax on the interest you earn from the money deposited in them. This can make a very significant difference to the return you earn, especially if you are a higher rate tax payer. The amount you can deposit is set annually by the government and is £20,000 for 2017/18.

You main options with an ISA are instant access and fixed term accounts. An instant access cash ISA gives a variable rate of interest, but lets you add and take away funds whenever needed. You will get a higher rate with a fixed term cash ISA and this rate will be guaranteed for a set period, but you cannot take money out or put more in during the lifetime of the account.

Find the best Ulster Bank savings account for you

Using our savings account comparison table, above, you can see exactly what the best deals currently on the market have to offer you. These deals are frequently updated to reflect the best value we can find from across the industry, so make sure to check back regularly to stay up-to-date.

Latest news

Pensioner Bond Maturity - 5 Ideas For Your Cash

From January 2018 over 900,000 people who invested in pensioner bonds will start to see their bonds mature. Savers who have been enjoying 4% pa are going to get a shock when they look for comparable returns from cash in the current market. We have put together 5 ideas for your cash in 2018

Newsletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.