Cheltenham and Gloucester Instant Access Savings Accounts

Cheltenham and Gloucester instant access savings accounts can be set up by anyone who has at least £1 that they would like to put away. Like many other instant access savings accounts, the Cheltenham and Gloucester account wants to spare you from having to make a tough decision between accessibility and a competitive interest rate.


With so many banks and building societies offering accounts that are similar to Cheltenham and Gloucester instant access savings accounts, it can seem like an impossible choice to pick between them. We have selected the best deals around at the moment in our product comparison tables below for your convenience.

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.00%Instant AccessMore Info >
  • Earn 1.00% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older
0.75%Easy AccessMore Info >
  • 0.75% AER on balances up to £1 million
  • Reassurance – the variable interest rate is guaranteed to be at least 0.50% above Base Rate until 31 December 2017 
  • Save from £1000 - £1million
  • Monthly interest
  • Manage your account online
  • Unlimited withdrawals
  • Must be UK resident and aged 18 or over
  • New customers only
5.00%Current Account
Instant Access
More Info >
5.00%Current Account
Instant Access
More Info >
1.50%Current Account
Instant Access
More Info >

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Short Term Fixed Rate Bonds (0-2 years)
ProviderAccountInterest RateTermApply
1.00%Instant AccessApply Now >
  • Earn 1.00% AER Gross.
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £100
  • Interest paid monthly or annually
  • 7 day support
  • Covered by the French Depositor Compensation Scheme
  • Apply in minutes
  • Must be UK resident and aged 18 or older

When considering Cheltenham and Gloucester instant access savings accounts, or going with another bank or building society, there are a number of important points to bear in mind. The first is you should always be aware of whether or not the deal you are looking at has a limit on the amount of money that you can deposit or withdraw per day.


Another important point to be aware of is whether or not the instant access savings account you are considering has any bonus interest payments for the first year, as this can artificially make the deal look better to customers. If this is the case then you will need to be aware that after a certain time period the interest you are paid will fall, and it will be time to shop around again.  


The product comparison tables we have provided you with above are an easy way to compare different instant access savings accounts. Cheltenham and Gloucester is, after all, only one of the many banks and building societies who are competing for your custom, so make sure you are aware of what is available on the market.