We’re chatting about savings rates in a bunch of different topics. As an experiment I thought I’d create a wiki for us to keep track of the current best rates (and chat about them obvs). Let’s see if it works…
Easy Access Savings
Bank / Account Name
Interest rate
Restrictions / Notes
Barclays Rainy Day Saver
5.12%
upto £5,000 (0.15% above £5,000)
Zopa
2.86%
Cynergy
2.75%
Al Rayan Everyday Saver issue 3
2.81%
Tandem
2.05%
Virgin Money
2.02%
Gatehouse
2.80%
Ford Money
2.62%
currently closed to new accounts
Tesco Bank
1.91%
Atom
1.90%
AER
Shawbrook
1.81%
Marcus
2.50%
AER (including a 1 year fixed bonus of 0.25%)
Notice Savings Accounts
Bank / Account Name
Interest rate
Restrictions / Notes
Tandem
4.25%
Lock for 1 year
Tandem
4.5%
Lock for 18 months
Tandem
4.6%
Lock for 2 years
Tandem
4.7%
Lock for 3 years
Tandem
4.8%
Lock for 5 years
Zopa
2.91%
7 day notice
Zopa
3.06%
31 day notice
Zopa
3.26%
91 day notice
Regular Saver Accounts
Bank / Account Name
Interest rate
Restrictions / Notes
HSBC
5%
12 months, Max 250 monthly
Yorkshire Building Society
5%
Existing customer for at least 1 year, Max 500 monthly
First Direct
7%
12 months, Max 300 monthly
NatWest
5.12% AER
until £5000 (0.5% after), Max 150 monthly
RBS
5.12% AER
until £5000 (0.5% after), Max 150 monthly
Club Lloyds Monthly Saver
5.25%
max £400 monthly for 1 year, easy access for withdrawals
Lloyds Monthly Saver
4.50%
max £250 monthly for 1 year, easy access for withdrawals
Halifax Regular Saver
4.50%
max £250 monthly for 1 year. No withdrawals allowed unless you close the account
Feel free to play around with the formatting, adding tables, links or other info if that helps!
Coventry Building Society have a Limited Access account, (6 penalty free Withdrawals) that currently pays 2.85%, increasing to 3.25% at the turn of the year.
In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 21st December 2022 as follows:
Currently: 2.47% Gross
New rate (21st Dec): 2.62% Gross