UK Savings Accounts Comparison Tables, Latest Rates and Direct Links

How to Use the Savings Comparison Table
The currently available savings accounts are displayed in rows. To get further information or start off an online savings account application, click either the bank name or the "Apply" link at the end of every row. Another window will open and display the savings account information. This is a shortcut to EXACTLY the information you require!

Some of the best saving account rates require special criteria before they allow an account to be opened. The savings account FAQs below give a basic outline of the most popular savings accounts. The availability and criteria of these accounts can change from time-to-time, so it's worth using the links in the comparison table above to check from the individual bank or building society web site to ensure you have the most up-to-date savings account information.

UK Savings Account FAQs

Barclay Online Savers Account
First Direct Easy Access Online Savers Account
Birmingham Midshires - Internet Easy Access
cahoot Internet Savings Account
Halifax Web Saver Account

Please be aware, these FAQs give the very basic outline of how the savings accounts operate. YOU SHOULD ALWAYS USE THE DIRECT LINKS IN THE SAVINGS COMPARISON TABLE ABOVE TO GET THE LATEST INFORMATION.

Barclay Savers FAQs

Can I withdraw my money?
No, not during the 12 month term, if you need access to some of your savings you should also open another savings account that gives you instant access such as e-Savings or Easy Saver. See our Savings pages for more information.

What happens if I need to withdraw money during the term?
You will always have access to your money and you will always earn interest, but this will be at our Easy Saver rate for the whole term of the account.

Do I have to be a Barclays customer?
Yes and becoming one is easy. You just need to open a Barclays current account.

How do I open a current account?
You can apply online USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE you get the option to open a current account.

Can my salary mandate count towards my £1,000 monthly credit?
Yes. In fact, you must have your salary or pension paid directly into your Barclays current account to qualify.

How do I open a Regular Saver?
USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

What if I don't meet the conditions of the account?
You'll still earn interest, at the rate of our Easy Saver account for the whole term of the account.

What's the interest rate after the first year?
The account closes at the end of the first year and the balance will switch automatically to an Easy Saver account at Easy Saver interest rates.

What does AER mean?
It's the Annual Equivalent Rate. It illustrates what the interest rate would be if interest was paid and compounded each year.

First Direct Easy Access Online Savers Account

When is interest paid on the Regular Saver?
The interest is paid on the anniversary of account opening so it's a great reason to save for something special.

• start saving from only £1 (maximum balance £500,000) 
• earn a healthy 5.00% AER (4.89% gross p.a.) variable on every penny in the account 
• instant access to your money* (although no interest is paid on the full account balance in any month you make a withdrawal) 
• online statements 
• interest calculated daily and paid monthly 
• one account per customer. 
• How do I open an eSaver account? USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

Birmingham Midshires - Internet Easy Access

Manage your account online, access your funds at anytime and earn a high rate of Gross/AER**.

Benefits: 

• Invest as little as £1 and earn a high interest rate of 4.90% Gross/AER** (including a bonus of 0.60% for the first year). 
• Access your account at any time. 
• Make unlimited transactions with no loss of interest. 
• Transfer money effortlessly from your Internet Easy Access Account to your nominated bank account. 
• View full and mini statements. 
• Internet Easy Access 

Things you need to know: 
Interest is credited annually on the anniversary of the account activation. 
To help you manage your online account, see our questions and user guide . 
Maximum balance £5 million.

USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

cahoot Savings Accounts

Choose cahoot's savings account and benefit from: 

• cahoot's best variable interest rate**. 
• Monthly interest deposited directly into your savings account. 
• 24 hour access, 365 days a year***. 

Maximise your interest 

• Each month you can transfer any excess funds to your cahoot savings account and maximise the interest you earn. 
• If you already have a current account, by also taking a savings account, you can keep all the benefits of banking with cahoot. 
• making deposits & withdrawals 

Withdrawals are set up simply online by: 

• Setting up a transfer to another of your cahoot accounts. 
• Entering account details of a non-cahoot account. 

Setting up future dated withdrawals.

• In addition, you can view, amend or cancel future withdrawals. 

Deposits are also completed online by: 

• Arranging a transfer within another of your cahoot accounts. 
• Using a pre-arranged direct debit from a non-cahoot account. 

USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

Capital One Easy Access Savings Account 

Capital One Savings accounts are available for the personal use of individuals who are UK residents only. You must be aged 18 or over. These terms and conditions do not cover savings accounts for businesses, clubs, charities, other organisations or trustees. 

Easy Access Account 
A guaranteed high interest rate with unlimited access so you can move your money whenever you choose. 

• Interest rate tracks Base Rate until 31 March 2007 
• Unlimited, free access to your money 
• Interest paid monthly or annually 
• Invest from £500 to £1 million 

USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

Halifax Web Saver 

Get a great online rate and online access 24 hours a day from the No.1 for Savings.

• Check your balance and, for variable options, transfer money to other Halifax accounts whenever you like
• Keep track of your savings by naming each Halifax Web Saver option as you wish
• Through the online service, you can pay bills direct from your Halifax Web Saver and view your account online
• Spread your money between variable and fixed rate interest options to suit your needs
• Available to UK residents only 
• Open with just £1 (if you don’t need a cash card) or £10 (with a cash card)
• Transfer money between Halifax accounts as often as you like
• Interest is paid annually

Fixed rate option

• Minimum deposit of £500
• Fix your savings at the current interest rate over your chosen term
• Open a Halifax Web Saver fixed rate option by transferring your money from either a Halifax Current Account (as long as you have registered it online) or a Halifax Web Saver variable rate option
• Interest is calculated over your choice of fixed term (from three months to five years) and is paid on maturity or annually (for terms of one year or more)
• It is best to leave Halifax Web Saver fixed rate options open until the end of the fixed term (see important information on withdrawals)

USE THE DIRECT LINK IN THE SAVINGS COMPARISON LIST ABOVE

 

UK Savings Account FAQs

Please be aware, these FAQs give the very basic outline of how the savings accounts operate. YOU SHOULD ALWAYS USE THE DIRECT LINKS IN THE SAVINGS COMPARISON TABLE ABOVE TO GET THE LATEST INFORMATION.

The availability and criteria of these accounts can change from time-to-time, so it's worth using the links in the comparison table above to check from the individual bank or building society web site to ensure you have the most up-to-date savings account information.

sAVINGS