Best Instant Access Savings Accounts
With savings rates on the rise, we take a look at some of the best instant access savings accounts in the UK market.
RCI Bank offer a market leading instant access savings account paying 1.67% AER on deposits of £100 up to £250,000. This account is FSCS protected up to £85,000. Available to UK residents aged 18 or older, you can access this rate via Raisin. No limits on the number of withdrawals you can make on this account. The maximum deposit with this account is £85,000. Interest is paid monthly, on the last day of the month
With a minimum deposit of £1 Ford Money are offer a flexible saver account paying 1.55% AER with interest paid monthly or annually. Your money is protected by the FSCS up to £85,000. You can deposit from £1 up to £2,000,000 into this account. You can withdraw your money at any time. Interest is paid monthly.
If you have £10,001 or more to deposit then Yorkshire Building Society currently offers 1.55% AER on their instant access account. This account is FSCS protected up to £85,000. There are 3 tiered rates – £1 to £10,000 – 1.25% Gross/AER, £10,001 to £50,000 – 1.55% Gross/AER, £50,001 to £500,000 – 1.60% Gross/AER. Available to UK residents aged 16 or older. You can withdraw your money at any time. The maximum deposit with this account is £500,000. Interest is paid annually.
Instant Access Savings Accounts
FSCS Protected (Up to £85,000)| Rate (AER) | Min/Max Deposit | More Info |
|
|---|---|---|---|
 | 1.67% | £1,000 / £85,000 | Go » |
 | 1.55% | £1 / £2,000,000 | Go » |
 | 1.55% | £10,001 / £500,000 | Go » |
 | 1.40% | £5,000 / £250,000 | Go » |
 | 1.15% | £20,000 / £85,000 | Go » |
If you have a minimum £5,000 deposit Investec through their Online Flexi Saver account pay 1.40% AER. Interest is paid monthly, either to a linked current account, or adding the account to your Online Flexi Saver account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. The maximum deposit is £250,000. To apply you must be aged 18 and have a UK address. You can withdraw your money at any time. This account is FSCS protected up to £85,000.
For deposits from £1 Nationwide are currently offering a 1 year triple access online saver account at 1.50% AER with interest paid at maturity. This account is FSCS protected up to £85,000. while not a traditional instant access account you can make up to 3 withdrawals during the 12 month term of this accountAvailable to UK residents aged 18 or older, you can access this rate via Raisin. You can withdraw your money at any time. The maximum deposit with this account is £85,000. Interest is paid on monthly.
If you are looking for other savings options for your money, including instant access and fixed-rate bonds over 2,3, and 5 years, see our latest deals from UK savings providers.
Tags