Cahoot – Simple Saver
4.85% paid at £1, 0.00% paid at £500,001 on portion of balanceAER
Notice/Term
Minimum Required
Account Opening
4.85%
None
£1
Internet
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.
Chip Instant Access
AER
Notice/Term
Minimum Required
Account Opening
4.84%
None
£1
Mobile
Monument Bank Easy Access Savings
AER
Notice/Term
Minimum Required
Account Opening
4.81%
None
£25,000
Mobile
Cynergy Bank Online Easy Access Account – Issue 80
Rate includes 1.05% bonus for 12 monthsAER
Notice/Term
Minimum Required
Account Opening
4.80%
None
£1
Internet
Paragon Bank Double Access Savings Account – Issue 9
Up to 2 withdrawals every 12 months, the rate will reduce after 3rd withdrawalAER
Notice/Term
Minimum Required
Account Opening
4.75%
None
£1,000
Internet
Aldermore Double Access Account – Issue 2
A lower rate will be paid if more than 2 withdrawals per annumAER
Notice/Term
Minimum Required
Account Opening
4.75%
None
£1,000
Internet
Close Brothers Savings Easy Access Account (Issue 5)
Balances under £10,000 - 1%AER
Notice/Term
Minimum Required
Account Opening
4.70%
None
£10,000
Internet
More Details
Close Brothers Savings
Why Close Brothers Savings?
- One of the UK’s highest rated banks – Aa3 credit rating from Moody’s Investors Service and an A- rating from Fitch Ratings Ltd.
- Multi-award winning – 2019 Savers Choice at the Savings Champion Awards and 2019 Treating Customers Fairly Champion at the British Bank Awards
- FSCS protected – Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme.
Name
Telephone
Email
020 3857 3050
savings@closebrothers.com
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.
