This comparison simply includes all savings accounts.
Ulster Bank 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: 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: MARKET LEADING 1 YEAR FIXED RATE BOND. Save from £5,000 to £500,000. No additional deposits or withdrawals permitted. FSCS Protected
Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Why we like it: Investec Click & Invest is an online investment service that aims to make actively managed, globally diversified investment portfolios accessible to a wider audience. Everyone deserves harder working money, and Click & Invest’s goal is to make a positive difference to more financial futures. Their experts build and manage investment portfolios from £2,500 online, intelligently blending expertise with high-quality service. With a £2,500 minimum investment, Click & Invest aims to deliver an exceptional service for a straightforward fee. They offer both stocks and shares ISAs and general investment accounts, with a seamless online experience, with dedicated 24/7 support available. Capital at risk.
Disclaimer: The value of your investments can fall as well as rise, so you could get back less than you paid in.
Why we like it: Why we like it: Up to £250 cashback for new investors.1, 3 or 5 year fixed term. Invest from £100 up to £20,000 this tax year (2018/19) and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. Secured by UK property. No platform or investment fees. Interest paid annually. Returns are not guaranteed and your actual returns may vary. Capital is at risk
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
Why we like it: Why we like it: Up to £250 cashback for new investors.1, 3 or 5 year fixed term. Invest from £100 up to £20,000 this tax year (2018/19) and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. Secured by UK property. No platform or investment fees. Interest paid annually. Returns are not guaranteed and your actual returns may vary. Capital is at risk
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
Why we like it: Why we like it: Up to £250 cashback for new investors.1, 3 or 5 year fixed term. Invest from £100 up to £20,000 this tax year (2018/19) and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. Secured by UK property. No platform or investment fees. Interest paid annually. Returns are not guaranteed and your actual returns may vary. Capital is at risk
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
Why we like it: Invest up to £20,000 this tax year (2018/19) and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. When you join the easyMoney family you will automatically become an easyMoney plus card member, offering savings up to 55% at over 100 of Britain’s biggest retailers and more! e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). As with all investing, your capital is at risk when you lend to businesses and returns are not guaranteed. No FSCS. For more details please refer to our full risk statement.
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
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.
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.
