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No Notice Savings Accounts with Instant Access

No notice or instant access savings accounts are particularly popular among savers because they offer the opportunity to withdraw cash as and when it is required, without having to give prior notice, and without paying a penalty.


To ensure that you get the best possible deal on a no notice/instant access savings account, it could be crucial that you take the time to compare those offered by a range of different providers. 


See our savings account comparison tables below for a range of the instant access savings account deals currently on the market:

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
3.17%Easy AccessApply Now >
Up to 3.17% AER (including 1.62% gross p.a. bonus for 12 months when you save £25,000 or more) Open with £1,000. Easy access, with 1 free withdrawal per year.
3.10%Instant AccessApply Now >
3.10% AER variable (3.06% gross p.a.) including a fixed bonus of 2.56% gross p.a. for 12 months from account opening. After 12 months the rate will revert to the standard variable rate.
3.06%Easy AccessApply Now >
3.06% gross/AER variable including 12 month fixed bonus of 2.06% paid until 30th June 2013. £1,000 minimum opening balance. Easy access. Online management.
3.01%Instant AccessApply Now >
Rate includes a 1.36% gross/AER fixed interest bonus for the first 12 months. Monthly interest available. Unlimited free withdrawals. Open with £1.
2.80%Easy AccessApply Now >
Includes a 0.89% bonus payment for the 1st 12 months giving you a return of 2.80% AER. Open with £1,000.
up to
2.50%		Instant AccessApply Now >
Earn tiered rates of up to 2.50% Gross/AER when you save £500 or more. Open with £1. Unlimited withdrawals. Save up to £1,000 each month.
1.51%Instant AccessApply Now >
From 0.6% - 2.01% with 12 month bonus.
0.75%Instant AccessApply Now >
0.75% including a 0.50% bonus on months where you don't make a withdrawal. Rate without bonus is 0.25%.
1.60%Instant accessApply Now >
1.60 AER/Gross variable. This rate includes a fixed introductory bonus of 1.50% AER for the first 12 months.
2.50%Instant accessApply Now >
Existing customers only. 2.50% AER/Gross (variable) on balances of £10,000 or more or 1.60% AER/Gross from £1 to £10,000. These rates include a fixed introductory bonus of 1.50% AER for the first 12 months.

Benefits of a no notice/instant access savings account

 

  • It allows savers to earn interest on their funds
  • Gives savers the flexibility to be able to access money from their savings account without having to give notice
  • With this type of savings accounts, savers are not penalised for making withdrawals.


Drawbacks of a no notice/instant access savings account

 

  • It is widely the case that these types of accounts offer interest rates that are lower than other savings accounts
  • Unlike an ISA, interest from instant access savings accounts is subject to income tax
  • When transferring money from this type of savings account to an account with another provider, it could take up to 3 days to clear

 

A no notice/instant access savings account tends to be the best option for people that would like to save money that they can still have access to, such as an ‘emergency savings’ fund. 


As this type of savings account tends to have interest rates that are lower than that of other types of account, it could be particularly important that you shop around to find the best rates available.

Latest Fixed Rate Bond Deals
ProviderAccountInterest Rate (AER)TermApply
4.26%5 YearsApply Now >
Earn 4.26% gross/AER fixed for 5 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest.
3.72%3 YearsApply Now >
A rate of 3.72% Gross/AER fixed for 3 years. Deposit from £500. No additional withdrawals or deposits.
3.63%2 YearsApply Now >
A rate of 3.63% Gross/AER fixed for 2 years. Deposit from £500. No additional withdrawals or deposits.
Monthly interest savings accounts come in all shapes and sizes, including:

You can compare deals using the tables above to see if there's a monthly interest savings account to suit your needs and apply today.

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