Best savings rates: General savings – Internet and branch

 

All savings tables

Easy access | Fixed rates | Cash Isas | Monthly income | Phone / Postal Junior Isas / children’s | Offshore | National Savings | Premium Bonds

> Compare peer-to-peer lending: Check top rates on offer to investors

> Top DIY investing platforms: Best and cheapest places to invest 

ONLINE ACCOUNTS – EASY ACCESS 
Type of account (min investment)   0% tax 20% tax   40% tax
BONUS accounts – Pay a bonus for the first 12 months or more. These are the rates including the bonus          
Marcus by Goldman Sachs Online Savings (1+) (5)    1.50  1.20    0.90 
Post Office Online Saver 34 (£1+) (6)    1.45  1.16   0.87
Tesco Bank Internet Saver (£1+) (1)    1.45  1.16    0.87 
Cynergy Bank Online Easy Access 20 (£1+) (8)   1.41  1.13    0.85 
AA Savings Easy Access 8 (£100+) (3)    1.36  1.09    0.82 
           
Accounts WITHOUT bonus – These rates are not boosted by a temporary bonus that drops off  after a year        
Virgin Money Double Take E-Saver 10 (£1+) (4)   1.50  1.20    0.90 
Ford Money Flexible Saver (£1+)   1.42  1.14    0.85 
RCI Bank Freedom Savings (£100+) (2)   1.42  1.14    0.85 
Investec Bank Easy Saver (£10,000)    1.40  1.12    0.84 
Kent Reliance Easy Access Issue 32 (£1,000+)    1.40  1.12    0.84 
Sainsbury’s Bank Defined Access Saver 7 (£1,000+) (7)    1.40  1.12    0.84 
Shawbrook Bank Easy Access 12 (£1,000+)    1.40  1.12    0.84 
AA Member Saver Issue 4 (£10+)£100+) (10)   1.37 1.10    0.82 
Paragon Bank Easy Access 5 (£1+)    1.35  1.08    0.81 
Charter Savings Bank Easy Access Issue 11 (£1,000+)    1.31  1.05    0.79 
Oaknorth Bank (£1,000)    1.30  1.04    0.78 
Yorkshire BS Online Single Access Saver 13 (11)    1.30  1.04    0.78 
Family BS Online Saver 1 (£100+)    1.26  1.01    0.76 
Sainsbury’s Bank eSaver Special (£15,000+)    1.26  1.01    0.76 
Aldermore Easy Access Issue 11 (£1,000+)     1.25 1.00    0.75 
Coventry BS Online Saver 2 (£1+)    1.25  1.00    0.75 
Sainsbury’s Bank eSaver Special (£1,000+)    1.21  0.97    0.73 
Virgin Money Easy Access Saver 32 (£1+)   1.16  0.93    0.70 
Coventry BS Easy Access Saver 5  (£1+)    1.15  0.92    0.69
National Savings & Investments Income Bonds (£1+)    1.15  0.92    0.69 
Skipton e-Saver 9 (£1+)    1.15 0.92    0.69 
Family BS Market Tracker Saver (£500+)    1.14  0.91    0.68 
Saffron BS Esaver 11 (£10+)    1.01  0.81    0.61 
Ikano Bank Easy Saver (£100+)    1.01 0.81   0.61
National Savings & Investments Direct Saver (£1+)    1.00  0.75    0.57 
           
(1) Rate drops to 0.55 per cent after 12 months          
(2) Money up to €100k protected by FGDR – French Savings Protection Scheme      
(3) Rate drops to 0.2 per cent after 12 months    
(4) You are limited to making two withdrawals each calendar year. Closing your account counts as a withdrawal           
(5) Rate includes a 0.15 percentage point bonus payable for 12 months          
(6) Rate drops to 0.25 per cent after 12 months           
(7) You can only make three withdrawals a year from your account           
(8) rate drops to 1 per cent after 12 months     
(10) Only available to members of the AA. Your money is deposited with Bank of Ireland.     
(11) You are limited to making withdrawals on just one day a year. After 12 months your money is transferred into a Triple Access Saver account     
BRANCH-BASED ACCOUNTS – INSTANT ACCESS 
Type of account (min investment) 0% tax 20% tax 40% tax
BONUS accounts – They pay a bonus for the first 12 months or more. These are the rates including the bonus      
Post Office Instant Saver Issue 11 (£500+) (8) 0.75 0.60 0.45
       
Accounts WITHOUT bonus- These rates are not boosted by a temporary bonus that drops off after a year      
Newbury BS welcome to Newbury (£50+) (1) 1.50 1.20 0.90
Kent Reliance Easy Access Issue 32 (£1,000+)1 1.40  1.12  0.84 
Yorkshire BS Single Access Saver 14 (7) 1.30 1.04  0.78 
Family BS Branch Saver 1 (£1+)  1.21  0.97  0.73 
Co-op Bank Britannia Select Access Saver 9 (£500+) (9)  1.20  0.96  0.72 
Cambridge BS Your Saver (£100+)(4)  1.20 0.96  0.72
Virgin Money Easy Access Saver 32 (£1+)  1.16  0.93  0.70 
Coventry BS Easy Access Saver 5 (£1+)  1.15 0.92 0.69 
Newcastle Community Saver Issue 8 (2)  1.00  0.80 0.60
Scottish BS Instant Access (£100+) 1.00  0.80 0.60
West Bromwich BS Direct Limited Access 3 (£1,000) (6) 1.00  0.80 0.60
Sainsbury’s Bank Extra Saver (£1+) 0.95  0.76  0.57 
Principality BS Easy Saver (£500+)  0.90  0.72  0.54 
Saffron BS Branch Saver  (£5,000+) 0.85  0.68  0.51 
Yorkshire BS Triple Access Saver 5 (£100+) (4)  0.85 0.68 0.51
Manchester BS Easy Access Saver (£1,000+)  0.80  0.64  0.48 
     
(1) The maximum you can put in this account is £3,000. Only available to those living in the building society’s operating area. Not available to existing members or those who have been members in the last six months.
(2) Plus an additional 0.1 per cent to charity.
(3) You are limited to three withdrawals a year. If you make more your rate drops to 0.25 per cent   
(4) You are limited to one withdrawals a month   
(5) You can only add money into this account until 7th December 2018  
(6) You are limited to six withdrawals a year     
(7) You are limited to making withdrawals on just one day a year. After 12 months your money is transferred into a Triple Access Saver account     
(8) Rate drops to 0.1 per cent after 12 months.     
(9) 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.