Chase – Chase Saver With Boosted Rate
Rate includes 1.94% bonus for 12 monthsAER
Notice/Term
Minimum Required
Account Opening
4.50%
N/A
£0
Via app
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 £120,000 per person per registered institution.
Charter Savings Bank Easy Access – Issue 75
AER
Notice/Term
Minimum Required
Account Opening
4.26%
None
£1
Internet
Mansfield Building Society Triple Access Bonus Saver (1st Issue)
Rate includes 1.00% bonus for 12 months & 3 withdrawals including closure per annum.AER
Notice/Term
Minimum Required
Account Opening
4.25%
None
£1
Branch, Post
Sidekick Multi Shield
Rate includes 1.00% bonus for 6 months from £10,000 to £120,000AER
Notice/Term
Minimum Required
Account Opening
4.23% paid at £10,000
3.48% paid at £85,001
3.48% paid at £85,001
None
£10,000
Mobile
Cahoot – Simple Saver (Issue 16)
4.17% paid at £1, 0.00% paid at £500,001 on portion of balanceAER
Notice/Term
Minimum Required
Account Opening
4.17%
None
£1
Internet
Vida Savings Double Access Saver Issue 1
Lower rate paid if more than 2 withdrawals per annum.AER
Notice/Term
Minimum Required
Account Opening
4.16%
None
£500
Internet
Harpenden Building Society Online Single Access (Issue 3)
Lower rate paid if more than 1 withdrawal per annumAER
Notice/Term
Minimum Required
Account Opening
4.06%
None
£100
Internet
Suffolk Building Society Single Access Saver
1 instant and penalty free withdrawal (1 Dec - 30 Nov), further withdrawals subject to 180 day notice or loss.AER
Notice/Term
Minimum Required
Account Opening
3.60%
Instant
£100
Branch, Post
Teachers Building Society Double Access Savings for Teachers or Everyone
Available to teachers and other education professionals only -- Lower rate paid if more than 2 withdrawals per annum via nominated account.AER
Notice/Term
Minimum Required
Account Opening
3.55% Available to teachers and other education professionals only
3.50% For Everyone
3.50% For Everyone
None
£100
Internet, Post
Hampshire Trust Bank Online Easy Access Account (Issue 33)
AER
Notice/Term
Minimum Required
Account Opening
3.40%
N/A
£1
Internet
Suffolk Building Society Triple Access Saver
3 instant and penalty free withdrawals (1 Dec - 30 Nov), further withdrawals subject to 180 day notice or loss.AER
Notice/Term
Minimum Required
Account Opening
3.35%
Instant
£100
Branch, Post
Teachers Building Society Easy Access Savings for Teachers or Everyone (issue 1)
Higher rate available to teachers and other education professionals onlyAER
Notice/Term
Minimum Required
Account Opening
2.30% Available to teachers and other education professionals only
2.25% For Everyone
2.25% For Everyone
None
£100
Internet, Post
Suffolk Building Society Everyday Saver
AER
Notice/Term
Minimum Required
Account Opening
1.60%
Instant
£10
Branch, Post
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.