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 1623 accounts
     
  Easy Access - no bonus  

Freedom Savings Account
1.50%
None £100
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Defined Access E-Saver
1.41%
None £1
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 
     
  Fixed Rate Bonds  

High Yield
3.02%
5 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

5 Year Fixed Term Deposit
3.00%
5 Year Bond £2000
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...
Go to Site
 

Online 5 Year Fixed Term Deposit
2.90%
5 Year Bond £10000
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

High Yield
2.51%
3 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Bond
2.46%
3 Year Bond £1000
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...
Go to Site
 

3 Year Fixed Term Deposit
2.45%
3 Year Bond £2000
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...
Go to Site
 

High Yield
2.26%
2 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Bond
2.10%
2 Year Bond £1000
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...
Go to Site
 

High Yield
2.01%
1 Year Bond £1000
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Bond
2.00%
18 Month Bond £1000
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...
Go to Site
 

Bond
1.95%
15 Month Bond £1000
  1. Yes
  2. Yes
  3. Yes
  4. Yes
Details...
Go to Site
 

1 Year Fixed Rate Account
1.90%
1 Year Bond £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Go to Site
 
     
  Notice Accounts  

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

GE 100 Day Notice Issue 4
1.55%
100 Day £500
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Freedom Savings Account
1.50%
None £100
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

Defined Access E-Saver
1.41%
None £1
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 
     
     
  Sponsored Products  

5 Year Fixed Rate Account
2.50%
5 Year Bond £1000
  1. Yes
  2. No
  3. Yes
  4. Yes
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

5 Year Fixed Rate E-bond
2.30%
5 Year Bond £500
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

Fixed Rate Saver
2.00%
3 Year Bond £5000
  1. Yes
  2. No
  3. No
  4. Yes
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

3 Year Fixed Rate E-bond
2.00%
3 Year Bond £500
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

Fixed Rate Saver
1.75%
2 Year Bond £5000
  1. Yes
  2. No
  3. No
  4. Yes
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

Fixed Rate Bond
1.75%
1 Year Bond £10000
  1. No
  2. No
  3. Yes
  4. No
Details...
Go to Site View Fixed Rate Bonds Best Buys
 

Fixed Rate Saver
1.45%
1 Year Bond £5000
  1. Yes
  2. No
  3. No
  4. Yes
Details...
Go to Site View Fixed Rate Bonds Best Buys
 
Compare
Last Updated: Saturday 4 July 2015 00:40

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 >>
 
Free Brochures and Guides

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

 
Parents vastly underestimate uni costs
Parents vastly underestimate uni costs

As another round of students gear up to start university after the summer, the cost of fees and acco... More

New flexibilities = more saving & more risk
New flexibilities = more saving & more risk

Over the next year the Government will be introducing a raft of new flexible savings measures. Howev... More

Challenger banks beat the big names
Challenger banks beat the big names

Have you taken a look at our best buy charts recently? If so, you’ve probably noticed the lack of bi... More

Inflation rises – but savers still benefit
Inflation rises – but savers still benefit

The latest official inflation figures show that it hit 0.1% in May, reversing April’s fall into nega... More

6 of the best notice savings accounts
6 of the best notice savings accounts

If you’re looking to secure the best rate on your savings, you generally have one of two options...... 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

Is now the time to fix your savings rate?
Is now the time to fix your savings rate?

With some forecasters predicting interest rate cuts by November 2012, we look at the pros and cons o... More

Easy access deal gets into the charts
Easy access deal gets into the charts

Melton Mowbray has launched a new variable rate easy access account onto the market, grabbing it a p... More

Fixed rates get a welcome boost
Fixed rates get a welcome boost

Vanquis Bank has increased the rates of selected fixed rate bonds by up to 0.15%, enabling its one, ... More

Regular saver for TSB customers gets a boost
Regular saver for TSB customers gets a boost

TSB has increased the rate of its fixed regular saver for loyal customers by a staggering 3.00%, bri... More

Fixed bonds become market-leaders
Fixed bonds become market-leaders

United Trust Bank has increased the rates of its one-year and 18-month fixed bonds by up to 0.15%, p... More

New bonds make their presence known
New bonds make their presence known

Secure Trust Bank has introduced a new two, five and seven-year fixed rate bond onto the market, sec... More