Easy Access
Why we like it: The interest rate tracks the Bank of England (BoE) Base Rate. Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month. Open and manage account online. Your eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme. The maximum deposit you may pay into any one OakNorth Account is £500,000. The maximum amount (excluding the interest) that you will be allowed to hold on deposit with OakNorth Bank across multiple accounts is also £500,000. Unlimited withdrawals, subject to 95 days notice. Available to individuals, aged 18 or over, who are UK residents
Why we like it: Unlimited deposits and withdrawals. Interest paid monthly: can be added to your Notice Saver or paid to your linked account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Withdrawals subject to 90 days notice. Must be aged 18 or older and have a UK address. Must have a linked UK current account
Why we like it: 4.75% AER if customer makes two or fewer withdrawals within an anniversary year. Monthly or annual interest. Manage your account online. Covered by the FSCS. If a customer makes three or more withdrawals in an anniversary year the rate reduces to 1.50% from the date of the third withdrawal. Must be UK resident and be aged 18 or older
Why we like it: 3 penalty-free withdrawals in a 12 month period. 3.82% AER (variable tracker) + 0.68% AER 12 month boost. 3.75% gross variable tracker. Interest paid monthly. Deposit and withdraw almost instantly. No fees or charges for holding account. FSCS eligible on your deposits. After 3 withdrawals within a 12 month period the rate will revert to either 3.40% AER (variable tracker with boost applied) or 2.72% AER (variable tracker) for the remainder of the 12 month period since opening the account. Must be UK resident. Must be aged 18 or older
Why we like it: Unlimited withdrawals subject to 95 days notice.
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: 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: Monthly interest. Manage your account online. Unlimited deposits. Covered by the FSCS. Must be UK resident. Must be aged 18 or older. Unlimited withdrawals subject to 120 days notice. Maximum deposit £1,000,000
Why we like it: Interest calculated monthly. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must retain a minimum balance of £20,000 in the account. Must be UK resident and be aged 18 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: Save from £1. 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
Easy Access Best Buy
Leeds Building Society »
Leeds Building Society offer a very competitive instant access account.
- 4.67% AER/Gross pa (variable) interest rate
- Interest is paid annually
- Unlimited payments and withdrawals
- Online account
- FSCS Protected
Quick online application setup from Hampshire Trust Bank
Investec Bank »
Investec Bank also offer a very competitive instant access account.
- 4.60% AER/Gross pa (variable) interest rate
- Interest is paid monthly, either to linked bank account or adding back in
- Unlimited payments and withdrawals
- Minimum deposit - £5,000
- FSCS Protected
Quick online application setup from Investec Bank
RCI Bank »
RCI Bank offer a competitive instant access account.
- 4.45% AER/Gross pa (variable) interest rate
- Minimum deposit £1,000
- Interest is paid monthly or annually
- Unlimited payments and withdrawals
- Online account
- FSCS Protected
Quick online application setup from RCI Bank
Hampshire Trust Bank »
Hampshire Trust Bank also offer a very competitive instant access account.
- 4.40% AER/Gross pa (variable) interest rate
- Interest is paid annually
- Unlimited payments and withdrawals
- Online account
- FSCS Protected
Quick online application setup from Hampshire Trust Bank
Yorkshire Building Society »
Yorkshire Building Society offer an instant access account.
- 4.60% AER/Gross pa (variable) interest rate
- Minimum deposit £1
- Interest is paid annually
- Unlimited payments and withdrawals
- Online account
- FSCS Protected
Quick online application setup from Yorkshire Building Society
Aldermore Bank »
Aldermore Bank also offer an instant access account.
- 4.30% AER/Gross pa (variable) interest rate
- Minimum deposit £1,000
- Interest is paid monthly or annually
- Unlimited payments and withdrawals
- Online account
- FSCS Protected
Quick online application setup from Aldermore Bank
Post Office Savings »
Post Office Savings also offer an instant access account.
- 4.10% AER/Gross pa (variable) interest rate
- Low minimum deposit £1
- Interest is paid monthly or annually
- Unlimited payments and withdrawals
- After 12 months the rate will revert to the underlying rate, currently 1.55% gross/AER variable
- Online account
- FSCS Protected
Quick online application setup from Post Office Savings
Chip »
Chip Savings also offer an instant access account.
- 3.75% AER/Gross pa (variable) interest rate
- Interest rate moves with Bank of England base rate
- Interest is paid monthly
- Unlimited payments and withdrawals
- Apply and manage account online
- Minimum deposit - £1
- FSCS Protected
Quick online application setup from Chip
Current Accounts
Santander Everyday Account »
Fee free account for everyday needs.
- No minimum monthly funding
- No monthly fee
- Get cashback, vouchers, prize draws and other offers personalised to you when you use Santander Boosts
- Mobile banking app
- Arrange overdraft facility available (subject to status)
- FSCS Protected
For more information and to apply for Santander Everyday Account
Santander Edge Up Account »
3.50% AER interest on balances up to £25,000 and cashback available.
- 3.50% AER/3.45% gross (variable) on balances up to £25,000
- 1% cashback (up to £15 a month) on selected household bills when you pay by Direct Debit
- 1% cashback (up to £15 a month) at supermarkets and on travel costs when you use your debit card (exclusions apply)
- Make international payments with no extra fees
- £5 monthly fee
- Must pay a minimum of £1,500 into the account each month
- Arranged overdraft facility (subject to status)
- FSCS Protected
For more information and to apply for Santander Edge Up Account
With so many different easy access savings accounts to choose from, it pays to shop around. We offer a selection of leading UK instant access accounts.
What is an Easy Access Savings Account?
An easy access savings account is essentially what it says; a savings account that gives you easy access to your money.
With such an account you can access your savings without giving prior notice, and without forfeiting any interest.
There are some caveat’s however: there may be restrictions on the number of penalty free withdrawals you can make in any specific time period and, although you have easy access to your savings, unlike an instant access savings account there might be a few days’ delay before you have the cash in your hand.
