Easy Access Account - Instant Access Savings | moneyfacts.co.uk

Instant Access Savings Accounts (with bonus)

  - Compare the best instant access savings accounts. These are the top instant access savings accounts that have an introductory bonus.
 
Also look at:

Compare the Best Easy Access Accounts - with bonus

Compare
Up to 3 products
side by side
AER Notice / Term Minimum Investment Account Opening Search all
1485 accounts
 

1.01%
Inc 0.76% bonus for 12 months
None £1
  1. Yes
  2. No
  3. No
  4. No
Details...
Go to Site
 

0.96%
Includes a Bonus
See Details
None £1
  1. Yes
  2. No
  3. No
  4. No
Details...  

0.75%
Inc 0.70% bonus for 12 months
None £1000
  1. Yes
  2. No
  3. No
  4. Yes
Details...  

0.75%
Includes a Bonus
See Details
None £25000
  1. Yes
  2. No
  3. No
  4. No
Details...  

0.55%
Inc 0.45% bonus for 12 months
Instant £500
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

0.50%
Inc 0.45% bonus for 12 months
None £1
  1. Yes
  2. No
  3. No
  4. No
Details...  

0.35%
Inc 0.30% bonus for 12 months
Instant £1
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

0.25%
Inc 0.05% bonus for 12 months
Instant £1
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...  

0.15%
Includes a Bonus
See Details
None £1
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...  
Compare
Last Updated: Thursday 19 January 2017 00:07

Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to open an account today. Products shown with a yellow background are sponsored products.

The UK Government has proposed to increase the deposit protection level from £75,000 to £85,000 of eligible deposits from 30 January 2017.

Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
Search All Savings Accounts >>
 
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £75,000 per person per institution.
 
Free Brochures and Guides

Easy & instant access savings accounts (with bonus) explained

  • Some easy access savings rates include a 12-month introductory bonus
  • Watch out for withdrawal restrictions
  • Think about how you’ll want to manage you account (online, in branch, etc.)

An easy or instant access savings account is a type of account where you can get to your cash quickly if you need to make a withdrawal. However, depending on how your account is managed, the length of time it takes from requesting the withdrawal to actually having the money in your hand or bank account can vary.

Particularly where an account is managed by post, there will be a time lag because the length of time it takes for you to post in your withdrawal request, and then for the transaction to be processed. In contrast, accounts that are managed online, over the phone or in branch can give you instant or very quick access to your cash.

How to manage an account with a bonus

Some easy access savings rates benefit from an introductory bonus. While these accounts can offer higher rates, remember that the initial bonus boost is temporary, and in most cases only lasts for 12 months. This means that in order to continue getting the best rate on your savings, you’ll need to review your account again after a year. Easy and instant access accounts are available without introductory bonuses, if you’d rather not make changing accounts an annual job! Many accounts that don’t pay a bonus actually have better rates than those that do, so its worth comparing the two.

Watch out for withdrawal restrictions

Many easy and instant access savings accounts put certain restrictions on withdrawals, limiting you to a certain number of ‘free’ withdrawals in a 12-month period. After you’ve hit that limit, your interest rate may suffer if you need to access your money again.

WarningIf you think you’re going to need to make several withdrawals over a yearly period (perhaps to pay university tuition fees for instance), be sure to check the small print of the account before opening it.

What next?

Savings home
Search all easy access savings accounts
Compare instant access savings accounts (without bonus)
Savings guides

 
 
Just 44 savings accounts beat inflation
Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating i... More

Just 47% have money in a savings account
Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get thro... More

How much will you save this year?
How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more wi... More

How to make your savings go further this year
How to make your savings go further this year

The start of a new year is always a good time to sort out your finances, and this year, focusing on ... More

Top accounts to kickstart your 2017 savings habits
Top accounts to kickstart your 2017 savings habits

Is one of your resolutions to save more this year? If so, bravo! It's something we all need to get i... More

Sharia’a compliant savings accounts
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

BLME improves all fixed bonds
BLME improves all fixed bonds

BLME has increased rates across its range of fixed bonds, which sees all deals improve their positio... More

Charter Savings Bank launches 5yr bond
Charter Savings Bank launches 5yr bond

Charter Savings Bank has launched a new five-year fixed rate bond, which has entered the Best Buy ch... More

Hanley Economic’s new 2yr fixed bond
Hanley Economic’s new 2yr fixed bond

Hanley Economic BS has launched a new two-year fixed bond, which has entered the Best Buy chart for ... More

New monthly savings account goes top
New monthly savings account goes top

Hanley Economic BS has launched a new monthly savings account, which has entered two Best Buy charts... More

Rate increase for easy access savings account
Rate increase for easy access savings account

Nottingham BS has increased the rate on its variable rate no notice account by 0.02%, which sees the... More

Close