Easy Access
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | SG Verdict |
|---|---|---|---|---|---|---|
|
0.60% | £1,000 / £1,000,000 | Branch | Branch |
| This account is limited to up two withdrawals within an anniversary year. If three or more withdrawals are made in the year, the rate reduces to 0.10% from the date of the third withdrawal. The interest rate resets to the higher rate at the next anniversary. Peterborough based Aldermore launched in 2009 and look after over £12.4bn of deposits. You can find out more about them here |
|
0.70% | £1 / £30,000 | Branch | Branch |
| Chip has partnered with Allica Bank to provide this best buy easy access account. Chip is currently offering a 28 day free trial, after which it charges a £1.50 fee every four weeks. Savings Guru readers who sign up via our apply now link and put the code TSG10 in get £10 in cashback, enough to cover more than the first six months of fees, and over seven months with the free trial. Savers can also access Chip's autosaving feature and Blackrock's managed investment funds via the app. Chip has over 350,000 users who have saved more than £500m. Allica Bank is a UK licensed bank and you can find out more about them here |
|
0.50% | £1 / £100,000 | Branch | Branch |
| Durham based Atom Bank has attracted over 20,000 customers and £2.4bn of savings since its launch in April 2016. Savers can only access Atom’s products via their mobile app |
|
0.65% | £1 / £250,000 | Branch | Branch |
| This is a limited access account which means savers can only make four withdrawals a year. From the fifth withdrawal onwards, a charge of 50 days interest will be made Very competitive rate from Coventry Building Society which is the 2nd largest building society in the UK looking after over £36bn of deposits |
|
0.55% | £1 / £250,000 | Branch | Branch |
| This is a limited access account which means savers can only make six withdrawals a year. From the seventh withdrawal onwards, a charge of 50 days interest will be made Very competitive rate from Coventry Building Society which is the 2nd largest building society in the UK looking after over £36bn of deposits |
|
0.62% | £15,000 / £250,000 | Branch | Branch |
| Excellent rate from Epsom based Family Building Society who look after over £2bn of savings. Additions to this account can only be made up until 12pm on Friday 5th November, after which no further amounts can be added. Withdrawals are permitted but are restricted to £25,000 per day. |
|
0.50% | £1,000 / £250,000 | Branch | Branch |
|
London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014. You can read more about them here |
|
0.58% | £5,000 / £1,000,000 | Branch | Branch |
| A competitive rate of interest on this straightforward easy access account. The higher minimum balance may put off savers with smaller balances |
|
0.55% | £1,000 / £1m | Branch | Branch |
| Unlimited withdrawals can be made from this account, which has a fixed maturity date of 31st October 2022, when interest will be paid. Leeds is the 5th largest building society in the UK and looks after £14.5bn of savings. |
|
0.50% (0.10% bonus for 12 months) | £1 / £250,000 | Branch | Branch |
| Marcus launched in September 2018 and is part of US bank Goldman Sachs This account includes a bonus rate of 0.10% for 12 months. We don't usually include accounts with bonus rates but, as this will still be in our best buys without the bonus, we have on this occasion. |
|
0.55% | £1 / £500,000 | Branch | Branch |
| Birmingham based Paragon launched in 2014 and now look after £9.1bn of savings. You can find out more about them in our banking directory here |
|
0.50% (0.10% bonus for 12 months) | £1 / £250,000 | Branch | Branch |
| Saga savings relaunched in October and is now part of Marcus by Goldman Sachs which has over 700,000 customers in the UK with £21bn of balances. This account includes a bonus rate of 0.10% for 12 months. We don't usually include accounts with bonus rates but, as this will still be in our best buys without the bonus, we have on this occasion. |
|
0.55% | £1 / £250,000 | Branch | Branch |
| Tandem acquired Harrods Bank in January 2018. This 'green' saver can only be opened and managed via Tandem's mobile app but has a very low minimum balance |