Best easy access savings rates 2024
- The web's best savings tables - completely independent and unique
- Compiled by savings expert Sylvia Morris - providers cannot pay to appear
Easy access | Fixed rates | Cash Isas | Savings platforms | Monthly income |
Phone / postal | Junior Isas / children's | Offshore | National Savings | Premium Bonds |
Type of account (min investment) | 0% tax | 20% tax | 40% tax | ||
---|---|---|---|---|---|
Accounts WITHOUT bonus - These rates are not boosted by a temporary bonus | |||||
Yorkshire BS Online Rainy Day Account (£1+) (12) | 5.00 | 4.00 | 3.00 | ||
Paragon Bank Double Access 8 (£1,000+)(8) | 4.91 | 3.93 | 2.95 | ||
Close Brothers Easy Access 4 £10,000+) | 4.9 | 3.92 | 2.94 | ||
Scottish BS E-Saver Plus (£100+) (14) | 4.81 | 3.85 | 2.89 | ||
Family BS Market Tracker Saver (£500+) | 4.76 | 3.81 | 2.86 | ||
Aldermore Double Access 2 (£1,000+) (8) | 4.75 | 3.8 | 2.85 | ||
Ford Money Flexible Saver (£1+) | 4.75 | 3.8 | 2.85 | ||
RCI Bank Freedom Savings (£100+) | 4.75 | 3.8 | 2.85 | ||
Secure Trust Access 16 (£1+) | 4.75 | 3.8 | 2.85 | ||
Coventry BS Four Access Saver (Online) 3 (£1+) (14) | 4.7 | 3.76 | 2.82 | ||
Monument Bank (£25,000+) | 4.7 | 3.76 | 2.82 | ||
Hampshire Trust Bank Online Easy Access 24 (£1+) | 4.65 | 3.72 | 2.79 | ||
Wealthify Instant Access Savings (£1+) | 4.65 | 3.72 | 2.79 | ||
Charter Savings Bank Easy Access 51 (£5,000+) | 4.6 | 3.68 | 2.76 | ||
Chip (£1+) (18)* | 4.58 | 3.66 | 2.75 | ||
Kent Reliance Easy Access 72 (£1,000+) | 4.5 | 3.6 | 2.7 | ||
BONUS accounts - Pay a bonus for the first 12 months or more. R ates include the bonus | |||||
Cahoot Sunny Saver (£1-£3,000) | 5.2 | 4.16 | 3.12 | ||
Principality BS Online Bonus Triple Access (£1+) (6) | 5.00 | 4.00 | 3.00 | ||
Cynergy Bank Online Easy Access 80 (£1+)(2) | 4.8 | 3.84 | 2.88 | ||
Leeds BS Limited Issue Online Access 61 (£1,000+) | 4.8 | 3.84 | 2.88 | ||
Tandem Instant Access Saver (£1+) (15) | 4.65 | 3.72 | 2.79 | ||
* If you open an account using links which have an asterisk, This is Money will earn an affiliate commission. We do not allow this to affect our editorial independence nor will it impact the interest rate you receive. | |||||
(1) Rate includes a 0.34 point bonus | |||||
(2) Includes a 1.05 percentage point bonus for the first 12 months | |||||
(3) You are limited to one withdrawal a year | |||||
(4) The rate of interest is guaranteed to track 0.19 percentage points below the Bank of England base rate for 24 months | |||||
(5) You are limited to six withdrawals a year. | |||||
(6) You are limited to three withdrawals a year | |||||
(7) You are limited to one withdrawal each calendar month | |||||
(8) You are limited to making two withdrawals a year | |||||
(9) Society pays an additional 0.1 per cent to an environmental charity | |||||
(10) Rate falls to 1.25 per cent after 12 months | |||||
(11) This rate is the 'expected profit rate' under Sharia compliant accounts. | |||||
(12) This rate is paid on the first £10,000 in the account. On balances above that you earn 3.90 per cent. You can only withdraw money on two days a year. | |||||
(14) You are limited to four free withdrawals a year | |||||
(15) Available through banking app only. Includes a 0.25 point bonus payable for a year. Existing customers need to ask to have the bonus added. | |||||
(16) When you make a withdrawal you must tell the bank by 1 pm if you want the money back the same day | |||||
(18) App only. Money will be held by the UK authorised bank ClearBank. | |||||
(21) Includes a bonus of 3.15 percentage points for 12 months | |||||
(22) Your account will change into an ordinary easy access account on 23rd September 2025 |
Type of account (min investment) | 0% tax | 20% tax | 40% tax |
---|---|---|---|
Accounts WITHOUT bonus - These rates are not boosted by a temporary bonus that drops off after a year | |||
Yorkshire BS Rainy Day 2 Account (£1+) (11) | 5.00 | 4.00 | 3.00 |
Scottish BS Saver Plus (£100+) (13) | 4.81 | 3.85 | 2.89 |
Monmouthshire BS Limited Access Saver 1 (£1+) (5) | 4.8 | 3.84 | 2.88 |
Family BS Market Tracker Saver (£500+) | 4.76 | 3.81 | 2.86 |
Cambridge BS Your Saver (£100+) (10) | 4.65 | 3.72 | 2.79 |
Chorley BS Easy Access Saver (£500+)(2) | 4.5 | 3.6 | 2.7 |
Kent Reliance Easy Access 72 (£1,000+) | 4.5 | 3.6 | 2.7 |
Newcastle BS Double Access Saver 3 (£1+)(2) | 4.5 | 3.6 | 2.7 |
Tipton BS Double Access Saver (£1,000+)(2) | 4.35 | 3.48 | 2.61 |
The Melton Limited Access Saver (£1,000+) (5) | 4.25 | 3.4 | 2.55 |
Newbury BS welcome to Newbury (£50+) | 4.25 | 3.4 | 2.55 |
Swansea BS Instant Access Saver (£1+) (4) | 4.25 | 3.4 | 2.55 |
Coventry BS Four Access Saver 2 (£1+) (13) | 4.2 | 3.36 | 2.52 |
Harpenden BS Triple Access Saver (£100+) (5) | 4.15 | 3.28 | 2.46 |
Leeds BS Five Access Saver (£5,000+)(8) | 4.15 | 3.28 | 2.46 |
Newbury BS Senior Saver (£500+) (1) | 4.13 | 3.30 | 2.48 |
Nottingham BS Triple Access Saver (£1,000+) (5) | 4.05 | 3.24 | 2.43 |
Buckinghamshire BS Triple Access Saver (£100+)(5) | 4.00 | 3.2 | 2.4 |
Tipton BS Double Access Saver (£100+) (2) | 3.95 | 3.16 | 2.37 |
Cumberland BS Instant Savings 8 (£100+) | 3.9 | 3.12 | 2.34 |
Marsden BS Branch Saver 13 (£25+) | 3.85 | 3.08 | 2/31 |
Scottish BS Instant Access Saver (£1+) | 3.85 | 3.08 | 2.31 |
Bath BS Instant Access (£1+) (6) | 3.84 | 3.07 | 2.30 |
Skipton BS Easy Access Saver 2 (£1+) | 3.55 | 2.84 | 2.13 |
BONUS accounts - Pay a bonus for the first 12 months or more. Rates include the bonus | |||
Principality BS Branch 5 Access Bonus Saver 2 (£1+)(8) | 4.6 | 3.68 | 2.7 |
(1) Only available to those age 55 or over | |||
(2) You are limited to two withdrawals a year | |||
(3) You are limited to making six withdrawals a year. | |||
(4) Only available to existing customers and new applicants living in Wales | |||
(5) You are limited to making three withdrawals a year | |||
(6) Available to those who live, work or study in Bath | |||
(7) The rate of interest is guaranteed to track 0.19 percentage points below the Bank of England base rate for 24 months | |||
(8) You are limited to making five withdrawals a year | |||
(10) You are limited to one withdrawal each calendar month | |||
(11) This rate is paid on the first £10,000 in the account. On balances above that you earn 3.90 per cent. You can only withdraw money on two days a year | |||
(12) You are limited to one withdrawal a year | |||
(13) You are limited to four withdrawals a year |
* Note: From April 2018, tax conversions will apply only to taxpayers living in England, Wales and Northern Ireland. Scottish taxpayers are subject to different income tax rates after this date.
THIS IS MONEY'S FIVE OF THE BEST SAVINGS DEALS
Chip* pays 4.84% to holders of its ‘instant access account’. The account can be opened with just £1. Its app only. Money will be held by the UK authorised bank ClearBank.
Charter Savings Bank pays 5.08% to holders of its ‘easy-access savings account’. The account can be opened with £1,000.
MBNA pays a rate of 5.27% on its one-year fixed rate savings account. This deal must be opened online on MBNA’s website and then managed by phone. The minimum deposit is £1,000.
Raisin UK* is home to a 5.05% one-year fixed rate savings account. It is offered by one of its partner banks Paragon Bank. You can open the account online via Raisin’s savings platform with a minimum deposit of £1,000.
Hampshire Trust Bank pays 5% to holders of its ‘two-year fixed rate deal’. The account can be opened online with a minimum deposit of £1.
Dear Reader,
These tables are unique on the web. They are independent and providers are not forced to pay to appear, which is typically the case at big comparison sites.
Independent savings expert: Sylvia Morris
They are completely unbiased - we simply show the best rates around and don't do 'featured deals'.
We've gone a step further, too. To feature in the best buys on variable rate accounts in our savings tables, an account must give you easy access to your money and come with no hidden catches.
In the past we have refused to include accounts where the rate is boosted by a short-term bonus or those with over-restrictive conditions so you only earn the advertised rate if you make three or less withdrawals a year.
But with interest rates so low, most of today's best deals have some sort of clause built in, whether that's a bonus or a restriction on withdrawals.
For that reason, we've included decent bonuses as long as they last for at least 12 months. This is to avoid you having to switch your account too often when short-term bonuses run out.
If there is a restriction on withdrawals we have made this clear in the notes on each account.
We also ignore old-style 'notice' accounts where the bank or building society can demand you give up to six months' notice that you want to take our money out while it can change the rate at any time without warning.
All banks and building societies are registered with the Financial Conduct Authority and signed up to the Financial Services Compensation Scheme, either directly (protecting up to £85,000) or via its passport scheme (where the compensation limit depends on the bank's home country. In Europe it is €100,000).
If you have a question about the tables email sy.morris@dailymail.co.uk and editor@thisismoney.co.uk
Sylvia Morris
This is Money savings tables expert