Compare easy access accounts

Easy access accounts

Easy access accounts are ideal if you think you may need to dip into your savings. But, as generally rates are low, you may need to get creative to get the most out of your money.

Even consider a current account where you can earn up to 3.00% AER variable on a limited balance, but still have easy access to your cash.

Easy access accounts – Ordered by rate (AER)

These are the best accounts available to open through MoneySuperMarket. We can show you all the accounts on the market, but we can only help you to open some of them.

 

Earn a great return without locking your savings away

  • Earn 1.10% AER gross (variable) with RCI bank's Freedom Savings Account
  • Easy access account with unlimited withdrawals and no fees, penalties or notice periods
  • You must pay in at least £100 in the first 30 days
  • RCI is part of a French group. The first €100,000 (equivalent to £83,944 as of 10.05.2017) of saver's money is protected by the French Deposit Scheme, compared to the £85,000 protection currently offered by UK-owned banks.
RCI Bank UK

Freedom Savings Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{100 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Unlimited payments and withdrawals with no penalties
  • 7 day service and choice of monthly or annual interest
  • Part of Renault’s global banking group
But be aware that
  • RCI Bank is part of a French banking group and the first €100,000 equivalent is protected by the French deposit guarantee scheme, rather than by the UK FSCS scheme which protects the first £85,000

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • 1.06% Gross/AER variable (includes a fixed bonus of 0.66% for 12 months)
  • Opening and managing your account online
  • Opening an account with just £1
But be aware that
  • Rate includes a bonus, you may want to move your money at the end of this period
Leeds Building Society

Limited Issue Online Access Account Issue 2

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{250000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Managing your money online
  • Unlimited withdrawals can be made to a nominated account without notice or loss of interest, subject to a minimum balance of £1,000 being maintained
But be aware that
  • Interest is calculated daily and will be paid on maturity on the 31st May 2018
  • Online access only
  • If the balance falls below £1,000, an interest rate of 0.05% Gross p.a./AER (variable) shall apply
Bank of Cyprus UK

Online Easy Access Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • UK based bank with FSCS protection
  • No withdrawal restrictions
But be aware that
  • Applications and deposits only taken online
  • Interest paid annually on the anniversary of account opening
Virgin Money

Defined Access E-Saver Issue 12

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{250000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • 1.01% Gross/AER if you make 3 or less withdrawals in a calendar year.
  • Suitable for those who do not intend to make regular withdrawals, and you can choose between monthly or annual interest.
But be aware that
  • 0.25% Gross/AER variable if you make 4 or more withdrawals in a calendar year.
  • Rate depends on the number of withdrawals.

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{2000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Opening an account online with a low minimum opening balance of just £1
  • Managing your savings online 24/7 & making unlimited withdrawals with no charges, penalties or notice periods.
  • A choice of annual or monthly interest – Annually paid in March or monthly on the first business day of each month.
But be aware that
  • After 12 months the rate will revert to the underlying rate, currently 0.25% gross/AER
  • Online Saver is provided by Bank of Ireland UK
AA

AA Easy Saver Issue 3

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{100 | currency : '' : 0}} to {{productCurrency}}{{2000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Free withdrawals with no penalties or notice periods
  • Apply and manage your account online 24/7
But be aware that
  • Rate includes a bonus, you may want to move your money at the end of this period
  • AA Easy Saver is provided by Bank Of Ireland UK

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Simple online application
  • Opening and viewing your account online
But be aware that
  • Online access only
2016 SUPERS

Winner of the Best Savings Account Provider

Aldermore

Easy Access Issue 11

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Simple online access
But be aware that
  • You'll need a UK personal bank or building society account that accepts Faster Payments, CHAPS and BACS to make deposits and receive interest payments and withdrawals

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{100 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Unlimited payments and withdrawals with no penalties, subject to minimum balance of £100 being maintained
But be aware that
  • Post and branch access only

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{5000000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Make up to five withdrawals during the Account Year without any loss of interest
  • Online application and access
But be aware that
  • If six or more withdrawals are made during the Account Year, an interest rate of 0.10% AER/gross p.a. (variable) will apply for the remainder of the Account Year
Paragon Bank

Easy Access (Issue 3)

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} to {{productCurrency}}{{150000 | currency : '' : 0}}

Notice period

none

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Online application and access
  • A choice between monthly or annual interest
  • UK bank with FSCS protection up to £85,000
NatWest

Premium Saver Account

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{50000 | currency : '' : 0}} to {{productCurrency}}{{1000000 | currency : '' : 0}}

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • If no withdrawals are made in a month, a bonus will apply. The bonus is 0.24% for balances of £25,000 - £49,999 and 0.49% for balances of £50,000 - £1,000,000
  • Receiving monthly interest paid into your account
But be aware that
  • If one or more withdrawals are made in a month, the bonus condition will not be met and and a rate of 0.01% AER/Gross p.a. (variable) will apply for that month

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{50000 | currency : '' : 0}} up to {{productCurrency}} no limit

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Easy access withdrawals without notice or loss of interest
  • Receiving monthly interest paid into your account
NatWest

NatWest Instant Saver

Interest rate (AER)

includes bonus of % until

includes bonus of % for month months

Check introductory rate and period with provider

Min/max opening amount

{{productCurrency}}{{1 | currency : '' : 0}} up to {{productCurrency}} no limit

Notice period

instant

Account type

{{::product.productAttributes.accountDetails.accountTypeId | mappingFilter : referenceDataMapping}} Transfer in
Access Account
Great for
  • Easy access withdrawals without notice or loss of interest
  • Receiving monthly interest paid into your account


See more easy access accounts

Not sure what account is right for you? Tell us a few details and we can help you decide

 

Easy Access Savings Accounts

If you want a simple and flexible savings account where you know exactly what you’re getting, an easy access non-bonus account could be right up your street.

Savings accounts can be complicated. Between rules on how often you can make withdrawals, rate-inflating bonuses and the like, what looks like a great deal can often turn out to be less appealing.

With easy access non-bonus savings accounts you can rest assured that the rate you see is what you’ll get and that you’ll be able to access your money as and when you need to.

And, since the introduction of the new Personal Savings Allowance (PSA) in April 2016, banks and building societies now pay interest on all savings accounts gross, or before any tax is deducted. The PSA means that basic-rate taxpayers can earn £1,000 of savings interest without the taxman taking a slice, and higher rate taxpayers can earn £500. Additional rate taxpayers are not eligible for a PSA. If the interest you earn exceeds these limits, any tax you owe will usually be collected via the Pay As You Earn (PAYE) system or via your self-assessment tax return.

Sound good? Here’s a look at these kinds of accounts in a little more detail.

What is an easy access non-bonus savings account?

Just as its name implies, an easy access savings account grants you easy access to your money whenever you like, without having to pay any penalties or forfeit any interest.

Some savings accounts place restrictions on withdrawals. Notice accounts, for example, require you to put in a period of notice before you can withdraw cash. Other savings accounts will impose penalties for making withdrawals.

Easy access accounts, on the other hand, let you take out money as you please – though some easy access accounts do limit the number of penalty-free withdrawals you can make each year.

The non-bonus part means that the rate of interest is not inflated by a temporary bonus. For example, an account may be advertised with a headline rate of, say, 1.50%, but include a 12-month bonus of 1.00%. After the bonus period ends, the rate drops to 0.50%.

So, with an easy access non-bonus account you’ll be able to withdraw cash pretty much as you please, and the rate you see is the rate you’ll get, unless it’s a variable rate account which is subject to change.

The importance of saving

It’s always been a good idea to put some money away for emergencies, or just for rainy days. Many households are now being squeezed by the rising costs of living, making it even more important to have something to fall back on.

The benefit of an easy access account is that you’ll be able to dip into your savings at the drop of a hat, without having to give any notice or worry about penalties – after all, you’re not going to get any notice of an upcoming emergency.

The flexibility of these types of accounts comes at a price, though, as easy access accounts tend to have lower rates than other types of savings accounts.

Things to look out for

To say the rate you see is what you’ll get with a non-bonus savings account is slightly misleading, because accounts with variable rates can go up and down. It’s important to keep an eye on your rate as you may want to move your money to a more attractive account.

Again, there may actually be restrictions on how many withdrawals you can make during the term of the account, at least without incurring penalties. Be sure to check the terms and conditions of the account before signing up.

Our savings comparison tool allows you to compare rates across a range of accounts and providers to help you find the best home for your money. 

Is your money safe?

Your savings are protected by the government-back Financial Services Compensation Scheme. This covers deposits of up to £85,000 (as of 30 January, 2017). This amount applies per individual per institution, not per account, so watch out if you have two accounts with a single bank that have a combined balance above £85,000, as not all of your money will be protected. If you have a joint account, both accountholders have £85,000 of protection, giving a total of £170,000.