Best Savings Rates

  - Find the best savings rates with our best buys or savings search and open an account today.
Also look at:

Compare the Best Savings Rates

Compare
Up to 3 products
side by side
AER Notice / Term Minimum Investment Account Opening Search all 1591 accounts
     
  Fixed Rate Bonds  

5 Year Fixed Rate Account
3.00%
5 Year Bond £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed
 

Sharia'a compliant Premier Deposit Account
3.00%
5 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Online 5 Year Fixed Term Deposit
2.90%
5 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Premium Gold 3 Year
2.70%
3 Year Bond £10000
  1. No
  2. No
  3. Yes
  4. No
Details...
Proceed
 

Sharia'a compliant Premier Deposit Account
2.50%
3 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Premium Gold 2 Year
2.40%
2 Year Bond £10000
  1. No
  2. No
  3. Yes
  4. No
Details...
Proceed
 

Sharia'a compliant Premier Deposit Account
2.25%
2 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Sharia'a compliant Premier Deposit Account
2.00%
18 Month Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

JIB Direct 1 Year Fixed Deposit Account
1.90%
1 Year Bond £20000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 

Sharia'a compliant Premier Deposit Account
1.80%
1 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 
     
  Notice Accounts  

GE 100 Day Notice Issue 4
1.55%
100 Day £500
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 
     
  Monthly Income Accounts  

GE 100 Day Notice Issue 4
1.55%
100 Day £500
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed
 
     
     
  Sponsored Products  

5 Year Fixed Rate Account
3.00%
5 Year Bond £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed View Fixed Rate Bonds Best Buys
 

Sharia'a compliant Premier Deposit Account
2.75%
4 Year Bond £25000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed View Fixed Rate Bonds Best Buys
 

High Yield
2.66%
4 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed View Fixed Rate Bonds Best Buys
 

3 Year Fixed Rate Account
2.20%
3 Year Bond £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed View Fixed Rate Bonds Best Buys
 

High Yield
2.01%
3 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Proceed View Fixed Rate Bonds Best Buys
 

1 Year Fixed Rate Bond
1.15%
19.05.15 £5000
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...
Proceed View Fixed Rate Bonds Best Buys
 

30 Day Notice Issue 5
1.25%
30 Day £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Proceed View Notice Accounts Best Buys
 
Compare
Last Updated: Thursday 24 April 2014 15:28

Our team of experts have chosen those savings accounts they believe to be Best Buys. A selection of those, for which we have arranged links are shown above, whilst products shown with a yellow background are sponsored products.

Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
Search All Savings Accounts >>
 

Savings accounts, things to bear in mind…

Before immersing yourself in our lovely selection of the best savings accounts & best savings rates, take a step back. Do you know what you need from a savings account?

Savings accounts can get pretty complicated, and are designed to meet different needs. There are many considerations to make when deciding which account to choose -  it's far more than simply finding the best savings rate. So it’s good to get a handle on what it is you want, before jumping in…

How much have you got to save?

Some accounts are only available to you if you can commit at least a certain minimum level. Be sure to check this before you get too excited about a rate you may not be able to have!

Inflation

Just the word inflation can induce sleep in most people, but when it comes to your savings inflation is very important. Inflation, simply put, is the rate at which the value of things goes up; a good way to think of it is to think of how much £100 would have bought you 10 years ago, and then to think of how much it would buy you now. The difference between the two is the result of inflation.

Now if the rate of inflation is higher than the rate of interest you receive on your savings that means the actual value of your savings is going down. So you want to make sure that your rate of interest is greater than the latest rate of inflation to make sure you actually make money on your savings!

Tax

Knowing what type of taxpayer you are (reluctant doesn’t count!) is really important in determining what type of savings account you should opt for.

All savings accounts are liable for income tax at your marginal rate (the rate of tax that you pay) with the exception of ISAs. That means certain accounts are better for certain taxpayers.

At any rate, a Cash ISA is always a good first port of call for savings as any interest earned is entirely yours.

How quickly do you need to be able to get at your money?

If you need to access your money instantly, then tying your savings up in a fixed rate bond may not be the best idea! On the flipside, if you don’t need access to your money for a while (you’re saving for your retirement for instance) having your money in an instant access (or no notice) savings account isn’t particularly good either.

If you use your savings as part of managing your cash flow (you dip into your savings, but then pay back into them regularly) an ISA isn’t best as you can only pay in up to your ISA limit once each tax year.

How do you want your interest paid?

The usual options for the payment of interest are yearly or monthly (although other options such as quarterly do exist). Annual interest suits those best who don’t touch their savings often, whereas monthly interest is good for those such as pensioners, who have to derive a regular income from their savings.

How do you want to manage your account?

We’re all different. Some of us prefer managing our accounts by popping down to the local branch in our lunch hour, some of us like to keep track of our finances in the evening using online banking. Whatever your preference, be sure the account you select can be operated the way that suits you.

Compare the best savings rates

Advertisements:

Save smart
Save smart

The importance of getting into the savings habit should never be underestimated. It should be a core... More

How much do you have left over each month?
How much do you have left over each month?

What’s left in your back pocket at the end of the month and what do you do with it – spend what litt... More

159 savings accounts now beat inflation
159 savings accounts now beat inflation

The latest official inflation figures, released this morning, show that the Consumer Prices Index (C... More

Children becoming a generation of mini savers
Children becoming a generation of mini savers

Getting into the savings habit from an early age is something that should always be encouraged, and ... More

6 of the best homes for your money
6 of the best homes for your money

We’re always being told of the importance of saving and building up a valuable nest egg, and that me... More

Islamic Sharia’a compliant savings accounts
Islamic Sharia’a compliant savings accounts

Islamic savings accounts offer a Sharia’a-compliant way of saving for Muslims living in the UK, as w... More

Depositor protection schemes if a bank goes bust
Depositor protection schemes if a bank goes bust

Find out where your bank or building society is licenced, and what deposit protection guarantees you... More

Savings accounts for over 50s
Savings accounts for over 50s

Savings accounts for the over 50s can offer a better rate, but not always. Make sure you always comp... More

Competitive bond from Progressive BS
Competitive bond from Progressive BS

Progressive BS has reviewed rates on its E-bonds with the three-year option improving its position i... More

Competitive saving from Marsden BS
Competitive saving from Marsden BS

Marsden BS has reviewed rates on its range of notice accounts with the 95-day account remaining in t... More

New bonds from Close Brothers
New bonds from Close Brothers

Close Brothers Savings has launched new two and three-year fixed rate bonds suitable for those with ... More

Shawbrook increases 18 month bond
Shawbrook increases 18 month bond

Shawbrook Bank has changed the issue and increased the rate by 0.20% on its 18-month fixed rate bond.... More

Shawbrook’s competitive 2 yr bond
Shawbrook’s competitive 2 yr bond

Shawbrook Bank has changed the issue and increased the rate on its two-year bond by 0.20% seeing it ... More