Instant Access Savings Accounts

Compare Instant Access Savings Accounts

Instant Access Best Buys

Many savings accounts below-inflation interest rates, which means people’s savings are being eroded in real terms.

While there are many savings accounts on the market, many do not offer much of a financial advantage as they offer interest that only matches the base rate set by the Bank of England.

We help you compare a selection of some of the best interest paying accounts.

For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.

Investec Bank – Online Flexi Saver

Investec Bank also offer an instant access account:

• Instant access savings 0.58% AER/Gross pa (variable)
• Interest is paid monthly, either to linked bank account or adding back in
• Unlimited deposits and withdrawals
• Minimum deposit – £5,000
• Protected by the FSCS

Quick online application setup from Investec Bank

Aldermore Bank – Double Access Account

Aldermore Bank offer a great easy access rate if withdrawing less than 3 times a year.

• Easy access savings if making 2 or less withdrawals a year 0.75% AER/Gross pa (variable)
• Interest is paid monthly or annually
• If a customer makes three or more withdrawals in an anniversary year the rate reduces to 0.10% from the date of the third withdrawal
• Minimum deposit – £2,000
• Protected by the FSCS

Quick online application setup from Aldermore Bank

Hampshire Trust Bank – Online Easy Access Account

Hampshire Trust Bank also offer competitive instant access savings account:

• Instant access savings 0.50% AER/Gross pa (variable)
• Interest is paid annually
• Open in single or joint name
• Unlimited deposits and withdrawals
• Minimum deposit – £1
• Protected by the FSCS

Quick online application setup from Hampshire Trust Bank

RCI Bank – Freedom Saver Account

RCI Bank offer a competitive instant access savings account:

• Instant access savings 0.40% AER/Gross pa (variable)
• Interest is paid monthly or annually
• Open in single or joint name
• Unlimited deposits and withdrawals
• Minimum deposit – £100
• Which? Recommended Savings Provider
• Protected by the FSCS

Quick online application setup from RCI Bank

Top UK Current Account – Earn up to 0.30% AER on up to £20,000 

Some of the best rates of interest you will get on cash currently are on current accounts. The Santander 123 Current Account offers 0.30% AER for balances up to £20,000 plus up to 3% cashback on household bills.