Best Savings Account
Saving accounts provide a very low risk method of getting that little bit extra out of your money. There will be a number of different options available for you, the best savings account for you will depend on your financial circumstances.
We all want to get a good rate of interest from our savings and the longer you are able to commit your money for, and the greater the size of your capital, the higher your interest rate is likely to be. However, the best savings account for you might not necessarily be the one with the highest rate of interest. For example, you might choose a lower interest rate account if you want other benefits such as keeping your savings within easy reach.
You may want to speak to an independent investment advisor for advice on finding the best savings account option for your needs.
Compare some of the most popular savings accounts using the table below.
Selected savings accounts
| Provider |
Product |
AER
|
Notice
|
Min Balance
|
Interest Paid |
More Info |
 |
Halifax 5 Year Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
4.25% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Halifax 4 Year Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
4.15% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Halifax 3 Year Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
4.00% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Halifax 2 Year Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
3.70% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Halifax 1 Year Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
3.20% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Nationwide My Save Online Plus Get up to 3.17% AER (3.12% gross p.a) variable on balances of £25,000 + including fixed bonus for twelve months. One free withdrawal per year. Flexibility for additional withdrawals. |
3.17% AER |
Instant access |
£1 |
Monthly |
 |
 |
Post Office Online Saver Unlimited free withdrawals, Access your savings 24/7/365, Apply online in less than 10 minutes. |
3.01% Gross /AER |
Instant |
£1 |
Monthly |
 |
 |
ING Direct Savings Account New customers can enjoy a rate of 2.90% AER inc a 12 month fixed bonus of 2.36%. Max balance applies. Open in as little as 10 mins - easy access - someone new joins every 20 seconds |
2.90% AER Variable |
Instant |
£1 |
Calculated Daily |
 |
 |
Halifax Online Saver Instant access, minimum deposit of £1. Access your savings 24/7/365 |
2.80% AER |
Instant Access |
£1 |
Monthly |
 |
 |
Halifax Reward Saver Instant access, minimum deposit of £1. Access your savings 24/7/365 |
2.50% AER |
Instant Access |
£1 |
Monthly |
 |
 |
IF isaver An online rate of 2.49% AER. Manage your savings online. A simple product with no short term bonus or withdrawal restrictions. |
2.49% AER |
Instant Access |
£1 |
Monthly |
 |
 |
Lloyds Bonus Saver Account Earn introductory bonus of 0.50% on your savings in the first 12 months. Minimum deposit: £5,000 / €5,000 / US$5,000. Maximum deposit: £2,000,000 / €2,000,000 / US$2,000,000. |
2.27% AER |
Instant access |
£1 |
Paid Monthly |
 |
 |
RBS Direct Saver Save over 50K and receive 1.5%, Interests rates vary for smaller amounts |
1.5% Gross p.a. |
Instant access |
£1 |
Calculated Daily |
 |
 |
Halifax 9 Month Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
1.30% AER |
No withdrawals |
£500 |
Quarterly |
 |
 |
Halifax 6 Month Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
1.05% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Halifax 3 Month Fixed Online Saver Choose when your interest is paid to you | Joint account option available | Qualifies for Halifax Savers Prize Draw |
1.00% AER |
No withdrawals |
£500 |
Monthly |
 |
 |
Natwest e-Savings Offers a rewarding rate of 1.0% AER/Gross (variable) no matter how much you save. |
1.0% AER/Gross |
Instant |
£1 |
Monthy |
 |
 |
HSBC Bank Online Bonus Saver 0.75% AER (0.75% gross) including bonus interest on savings from £1 up to £50,000 when you don't make a withdrawal. |
0.75% Gross p.a./AER |
Instant |
£1 |
Monthly |
 |