Instant Access

Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.

All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.

Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.

Post Office Money® Online Saver Issue 72

5.06% includes 3.51% bonus for 12 months
AER
Notice/Term
Minimum Required
Account Opening
5.06%
None
£1
Internet

Cynergy Bank Online Easy Access Account – Issue 71

Rate includes 1.26% bonus for 12 months
AER
Notice/Term
Minimum Required
Account Opening
5.01%
None
£1
Internet

Virgin Money Defined Access E-Saver Issue 23

AER
Notice/Term
Minimum Required
Account Opening
5.01%
No
£1
Internet

Monument Bank Easy Access Savings

AER
Notice/Term
Minimum Required
Account Opening
5.01%
None
£25,000
Mobile

Principality Building Society Online Bonus Double Access

Rate includes 0.15% bonus for 12 months
AER
Notice/Term
Minimum Required
Account Opening
5.00%
None
£1
Internet

Close Brothers Savings Easy Access Account (Issue 3)

AER
Notice/Term
Minimum Required
Account Opening
5.00%
None
£10,000
Internet
More Details
Contact Details

Instant Access

An Instant Access savings account provides you with greater freedom than other accounts which may require notice to access money.

The interest rate payable tends to be lower than for accounts that require notice or tie your money up for a number of years. Although with the increasing popularity of bonus rates this is not always the case.

The rate of interest for instant access accounts are generally variable and can change with very little notice, it therefore pays to keep an eye on the return you are getting to ensure it is still competitive.

Furthermore Instant Access savings accounts often have a bonus, or introductory, rate of interest for a set period. These bonus or introductory rates can make the rate of interest look particularly attractive, however once it is removed, after a prescribed period, the interest rate generally becomes uncompetitive and savers should look around to consider alternatives.

These are some of the simplest accounts available, and can often be opened in a variety of ways, including via the internet, by post and in person at a branch.