Instant access - Savings
You can filter your savings options by selecting the groups below:
Tiered interest rates mean the more you save, the more you earn.
- Earn from 0.60% AER /0.60% gross pa 5 variable. Rates include a fixed-rate, 12-month introductory bonus of 0.50% gross pa 9.
- Instant access savings accounts mean you won't be stuck with withdrawal restrictions
- Open from as little as £1
e-savings Reward is available exclusively online and offers a higher rate for months when you don't make withdrawals.
- 1.26% AER /1.25% gross pa 5 variable when you don't make withdrawals
- 0.85% AER/gross pa variable for months in which a withdrawal is made
- Both rates include a fixed-rate, 12-month introductory bonus of 0.75% gross pa 9
Consider these options
- Online exclusive. Ideal if you have extra money to put away each month
- Get a higher rate for months when you don't make a withdrawal.
- Looking to start a regular savings plan? This account is ideal
- Save £20 to £250 a month over 1 year
Need help with jargon?
Here are the five definitions that we think you'll find most helpful.
- Savings bond
A savings bond is ideal for you if you want a fixed rate of interest for your savings, for a fixed term with no risk to your capital. We have 2 types of savings bond. With our Fixed Rate Savings Bonds, you cannot make withdrawals or deposits until the bond term ends. With our Flexible Bonds, we offer you more flexibility by allowing you access to some of your money. All our savings bonds offer different interest payment options and a choice of terms (subject to availability). For example, monthly interest allows you to receive a regular monthly income from your savings and an end-of-term option means that interest will be added to your original deposit at the end of the bond term
The Annual Equivalent Rate shows what the earnings on your savings would be if interest was paid and compounded once each year. If you have an account that pays interest monthly or quarterly you will only get the full AER rate if you leave the interest in the account for the entire year. Use the AER to compare rates on different accounts and decide which one works best for you.
- Monthly interest
Most savings accounts will pay interest monthly. For monthly paying interest, the gross p.a. figure will be less than the AER to allow for compounding. For interest paid annually, the gross p.a. figure will be the same as the AER figure.
- Gross pa
The amount of interest paid on an account before the deduction of income tax. Like the AER, you can use the gross pa figure to compare different savings accounts and decide which one works best for you.
- Variable rate
A rate of interest that can go up or down throughout the lifetime of the savings account.
Need other terms explained? See our Savings Jargon Buster