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This comparison simply includes all savings accounts.

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 0.72%

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)

Shawbrook Bank
45 Day Notice Account Shawbrook Bank
Min deposit £1000
Term 45 Days Notice
Interest AER 0.6%

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

Shawbrook Bank
120 Day Notice Account Shawbrook Bank
Min deposit £1000
Term 120 Days Notice
Interest AER 0.7%

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

Habib Bank Zurich
Fixed Rate Bond Habib Bank Zurich
Min deposit £1000
Term 1 Year
Interest AER 1.00%

Why we like it: Minimum deposit £1000. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.

Hodge Bank
Fixed Rate Bond Hodge Bank
Min deposit £1000
Term 18 Months
Interest AER 0.95%

Why we like it: Minimum deposit £1,000. Interest paid at maturity. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 2 Years
Interest AER 1.05%

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)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 3 Years
Interest AER 1.20%

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)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 4 Years
Interest AER 1.35%

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)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 5 Years
Interest AER 1.40%

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)

Santander
123 Current Account Santander
Open With £500
Account Type Current Account
Interest AER 1.00%

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.

Think Money
Mobile App Bank Account Think Money
Maximum Monthly Fee £10
Account Type Mobile Bank Account
Features A New Way to manage your money

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 Yorkshire Bank savings accounts

Yorkshire Bank operates as a trading division of Clydesdale Bank. Their different savings accounts offer various features making some more suitable for long term saving and others better for short term, flexible saving.

Below we explain the main kinds of savings accounts Yorkshire Bank offers and how they could suit your saving needs.

Current Accounts

It will likely make sense to keep as much of your savings as possible in your current account as these usually offer good rates, up to a threshold. 

If you exceed your deposit threshold, you may not earn any interest at all on the excess balance. In this case, you will almost certain benefit from transferring the non-earning portion of your savings into a dedicated savings account.

Instant Access Savings Accounts

If having the ability to add and remove money from your savings account whenever you need it appeals, an instant access savings account is a good choice. There is normally no fee or penalty for making deposits and withdrawals, although there may be a yearly limit on how many you can make.

Most instant access accounts now come with online and telephone banking and you may also benefit from a cash card allowing you to take money out at cash points.

Fixed Rate Bonds

Savers who want a relatively safe way of earning a return should look closely at fixed rate bonds. They offer a guaranteed rate of interest over a set period (generally 1-5 years) in exchange for locking your money away until the period expires. Usually you will get a better interest rate the longer the bond lasts for, so these can be a very attractive choice for long term saving.

Cash ISAs

If you normally have to pay UK tax, you will likely benefit from taking out a cash ISA. These allow you to legally avoid tax on the interest you earn on deposits beneath an annual limit set by the government. For the 2017/18 tax year that amount is £20,000.

There are two basic types of ISA you need to consider – instant access and fixed term. These essentially act like instant access savings accounts and fixed term bonds respectively, but with the added bonus of not needing to pay tax on the interest you earn.

It is worth noting that the interest rates on cash ISAs tend to be a little lower than for some other types of savings accounts. This means you have to weigh up your likely tax savings against the amount you stand to potentially lose by taking a lower interest rate.

Find the best Yorkshire Bank savings account for you

When planning your long term finances, it is important to get the best deal on your savings account. Our savings account comparison table (above) lets you see the top offers we have sourced from across the market. This makes it easy for you to find the type of account that best matches your requirements.

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

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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.