Internet Savings Accounts

Save online for better rates and flexibility!

There are a variety of internet savings accounts to choose from and it is important to compare deals before you commit to any savings account.


Take a look at our comparison tables to see a range of the latest internet savings accounts on offer:

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
  • Earn 1.30% 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
1.22%Instant AccessMore Info >
  • Earn 1.22% gross/AER variable
  • No penalties, fees or notice periods
  • Free unlimited payments and withdrawals
  • Deposit from £1
  • Interest paid monthly or annually
  • Open and manage account online
  • Must be UK resident and aged 18 or older
  • Rate includes a 0.97% gross fixed rate bonus for 12 months from account opening. After 12 months the rate will revert to underlying rate, currently 0.25% gross/AER variable
  • Post Office Money Online Saver is provided by Bank of Ireland UK

1.17%

£1More Info >
  • Earn 1.17% AER (variable)
  • Minimum opening balance of £1
  • Interest paid monthly or annually
  • Open an account singly or jointly
  • Unlimited deposits and withdrawals
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older

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.


 

 

Latest Fixed Rate Bond Deals
ProviderAccountInterest Rate (AER)TermApply

2.25%

per annum

£5,000Apply Now >
  • Earn 2.25% AER/gross fixed for 3 years.
  • Minimum opening balance of £5,000; maximum balance £500,000.
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No additional deposits or withdrawals permitted.

2.05%

per annum

£5,000Apply Now >
  • Earn 2.05% AER/gross fixed for 2 years.
  • Minimum opening balance of £5,000; maximum balance £500,000.
  • Interest paid on maturity
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No additional deposits or withdrawals permitted.

2.40%

per annum

£1,000Apply Now >
  • Earn 2.40% gross/AER fixed for 4 years
  • Save from £1,000 - £250,000
  • Monthly and annual interest options
  • Online savings account 
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Must be UK resident and aged 18 or older
  • No withdrawals allowed
  • Bond designed to be held for full term

Advantages of internet savings accounts include: 

  • Higher yield – some internet savings account pay higher rates of interest because they have no branches to maintain and fewer members of staff
  • Easy access – you will be issued with at ATM card to withdraw money from most ATMs in the UK
  • Easy to set up – it is quick to set up, usually with a very low minimum deposit requirement
  • No fees – most online savings accounts do not have any fees
  • 24 hour access – you can access your savings 24 hours a day, 7 days a week