Savings Account Interest Rates

The interest rates offered by savings accounts will vary depending on a number of factors. Accounts with higher restrictions on what you can do with your money generally have higher rates of interest, though this is not always the case. Savings accounts which require less administration and customer service, such as online accounts, will also generally offer higher rates of interest. In the end, it is important to look around for a savings account that is suitable to your needs and requirements.

Those looking for higher returns than savings account interest rates can offer may want to look at other forms of investment, depending on their tolerance for risk.

See the table below for current leading UK savings account interest rates.