Looking for the top savings interest rates? With the best interest rates, you can get your money to work for you and to benefit from an increase in value as time passes, so it’s important to try and find the right rates for something as significant as your savings. When looking for top savings interest rates, keep in mind:
- Fixed rate accounts usually offer higher initial interest rates but keep the same rate for a set duration, and so may be less beneficial if rates subsequently rise.
- Tracker accounts are linked to the base rate set by the Bank of England, and so rise or fall in line with that.
- ISAs offer not just interest rates but also tax efficiency.
- Savings with instant access to the cash within may have lower interest rates than those from which you cannot withdraw until the end of a set term.
Check out our tables to compare the currently available rates and find one that suits your needs.