Here are the top places to put your cash.
After a few years of improving savings rates, thanks largely due to the Bank of England base interest rate increases since 2021, we’re starting to see most rates start to drop back a lot, and that could continue for the rest of 2024.
You want to make sure you’re getting the best rate on your savings, and this article will take you through the best options right now.



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Top savings accounts
These are the highest paying interest rates right now on the most popular ways to save. Find more information, top rates from further providers and others types of accounts in dedicated sections further down the page.
Best easy access savings accounts – up to 5%
These are the most flexible accounts, though as a result, you’ll usually get lower rates. You can add and take your money out at any time.
- Cahoot Sunny Day Saver (5% AER variable for 12 months): min £1 / max £3,000 (part of Santander)
- Can have one personal and one joint account
- Cahoot (4.85% variable): min £1 / max £2m
- GB Bank via Raisin (4.85% variable): min £5,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 for six months by 15 October 2024. See all the details.
- Cynergy Bank (4.8% AER variable includes 1.05% bonus for 12 months): min £1 / max £1m
- Oxbury Bank (4.79% AER variable): min £25,000 / max £500,000
- Monument Bank (4.77% AER variable): min £25,000 / max £2m
- Family Building Society (4.76% AER variable – market tracker. Rate is reviewed four times a year in March, June, September and December): min £500 / max £250,000
Top limited access
Top interest from investment accounts
Top loyalty easy access
- Ulster Bank (5.2% AER variable, drops to 4.75% on 14 October 2024): min £5,000 / max £1m (part of Natwest/RBS)
- Requires Ulster Bank current account
With offers
- Chip powered by ClearBank (4.58% AER variable – tracks at 0.51% below base rate): min £1 / max £250,000
- Up to £50 bonus available
Top Building Society
- Family Building Society (4.76% AER variable – market tracker. Rate is reviewed four times a year in March, June, September and December): min £500 / max £250,000
Top Sharia bank
- Al Rayan Bank (4% expected profit variable): min £5,000 / max £1m
For large deposits with full protection
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Best notice accounts – up to 5.25%
A notice account means you have to request to get your money and interest, which will be released after a set time. They often have a variable rate but if there’s a cut you’ll normally be given notice.
Six-month notice – up to 5%
- United Trust Bank (5% AER variable – tracks the base rate) 180-day notice: min £5,000 / max £1m
Four-month notice – up to 4.95%
- Vanquis Bank (4.95% AER variable): 120-day notice: min £1,000 / max £250,000
- Cynergy Bank (4.9% AER variable) 120-day notice: min £500 / max £1m
Three-month notice – up to 5.25%
- Investec Bank (5.25% AER variable): 90-day notice: min £5,000 / max £250,000
- BLME (5.15% expected profit rate variable): 90-days notice: min £20,000 / max £1m
- Oxbury Bank (5.13% AER variable base rate tracker): 90-days notice: min £1,000 / max £500,000
- OakNorth Bank (5.12% AER variable) 95-day notice: min £1 / max £500,000
- Vanquis Bank (5.1% AER variable): 90-day notice: min £1,000 / max £250,000
- LHV via Raisin (5.1% AER variable) 95-day notice: min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 for six months by 15 October 2024. See all the details.
Shorter notice – up to 5.05%
- Vanquis Bank (5.05% AER variable): 60-day notice: min £1,000 / max £250,000
- QIB via Raisin (5.05% expected profit variable) 31-day notice: min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 for six months by 15 October 2024. See all the details.
- Investec via Raisin (5.02% AER variable) 32-day notice: min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 for six months by 15 October 2024. See all the details.
- Monument Bank (5.01% AER variable) 60-day notice: min £25,000 / max £2m
- FirstSave (5% AER variable) 60-day notice: min £100 / max £2m
Sharia notice accounts
- BLME (5.15% expected profit rate variable) 90-day notice: min £10,000 / max £1m
Best current account linked easy access savings – up to 6%
Some of the best rates are in or linked to current accounts – or you might just want the convenience of having everything at the same bank (though that’s not always a good idea).
All of these accounts can be opened by anyone, though you will be credit checked for opening the current account itself. They’ll often have additional requirements or fees to take in to account. You may already have seen some of these listed in the easy and limited access lists above.
Interest earned in separate savings account – up to 6%
- Santander Edge Saver (6% AER variable, includes 1.5% bonus for 12 months): min £0 / max £4,000
- Requires Santander Edge current account (£3 monthly fee)
- Ulster Bank (5.2% AER variable, drops to 4.75% on 14 October 2024): min £5,000 / max £1m (part of Natwest/RBS)
- Requires Ulster Bank current account
- Barclays Blue Rewards Rainy Day Saver (5.12% AER variable): min £0 / max £5,000
- Requires current account with added Blue Rewards (£5 monthly fee but can be avoided by meeting requirements)
Interest earned in current account – up to 5%
- Nationwide FlexDirect (5% AER variable): min £0 / max £1,500
- Kroo: (4.1% AER variable): min £0 / max £500,000
- Interest is earned in the main current account
- The rate tracks the base rate minus 0.9%
Best Regular Savings accounts – up to 10.38%
These accounts are all “Regular” or monthly savers which work differently to normal saving accounts. Here’s Andy’s full guide to how they work.
We’ve listed the top paying options below. Find more regular savings accounts in our separate best buy guide.
Current account linked regular savers – up to 7%
You can only get these accounts if you open up or already have a current account with these banks.
- First Direct Regular Saver (7% AER fixed): min £25 / max £300 a month (requires a current account)
- Co-operative Bank Regular Saver (7% variable): min £1 / max £250 a month (requires a current account)
- Nationwide Flex Regular Saver (6.5% AER variable): min £1 / max £200 per month (max 3 withdrawals per year, after which your rate drops to 2.15%. Requires Nationwide current account) – full review
- Club Lloyds Monthly Saver (6.25% AER fixed): min £25 / max £400 a month (requires Club Lloyds current account) – full review
All customer regular savers – up to 8%
These are the next best regular savers. It’s also worth checking your local building society to see if they offer a better regular saver for those who live nearby and can go into a branch to open an account.
Sharia regular savers
- Gatehouse Bank Regular Saver (5.3% expected profit rate variable) – min £1 / max £300 per month
Existing customer regular savers – up to 7%
You’ll need to be an existing member of these building societies to get these accounts.
Best fixed savings accounts – up to 5.2%
You can fix your savings for a year or longer and get a slightly better rate in return. However, you need to be sure you won’t need access to that cash over that time. The longer you fix, the greater the risk you’ll lose out if rates were to rise. But at the same time, they’re protected if rates were to fall.
It’s worth noting too when longer fixes provide you with access to the interest. With most it’s at the end of the fix, meaning all that interest will count towards your personal savings allowance for the year you receive it.
Three-month fixes – up to 5.12%
- UMTB via Flagstone (5.12% AER fixed): min £10,000 / max £1m
- Oxbury Bank (5% AER fixed): min £1,000 / max £500,000
- Gatehouse Bank via Raisin (4.95% expected profit rate fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Monument via Raisin (4.87% AER fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
Six-month fixes – up to 5.2%
- UMTB via Flagstone (5.2% AER fixed): min £10,000 / max £1m
- GB Bank via Raisin (5% AER fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Gatehouse Bank via Raisin (5% expected profit rate fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Atom (5% AER fixed): min £50 / max £100,000
- BLME (5% expected rate fixed): min £1,000 / max £2m
Nine-month fixes – up to 4.9%
- Atom (4.9% AER fixed): min £50 / max £100,000
- Secure Trust (4.9% AER fixed): min £1,000 / max £1m
- IsBank via Raisin (4.88% AER fixed): min £10,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
12-month fixes – up to 5.05%
- UMTB via Raisin (5.05% AER fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Atom (5% AER fixed): min £50 / max £100,000
- SmartSave (4.93% AER fixed): min £10,000 / max £85,000
- Close Brothers (4.92% AER fixed): min £10,000 / max £2m
- Cynergy Bank (4.9% AER fixed): min £1,000 / max £1m
18-month fixes – up to 4.78%
2 year fixes – up to 4.79%
- Ziraat via Raisin (4.79% AER fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Cynergy Bank (4.71% AER fixed): min £1,000 / max £1m
- IsBank via Raisin (4.7% AER fixed): min £2,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Hampshire Trust Bank (4.7% AER fixed): min £1 / max £250,000
- RCI Bank (4.7% AER fixed): min £1,000 / max £1m
3 year fixes – up to 4.55%
- Cynergy Bank (4.55% AER variable): min £1,000 / max £1m
- Hampshire Trust Bank (4.51% AER fixed): min £1 / max £250,000
- UBL via Raisin (4.51% AER fixed): min £2,000 / max £85,000New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Zenith Bank via Raisin (4.48% AER fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- Oxbury Bank (4.46% AER fixed): min £1,000 / max £500,000
Longer fixes – up to 4.4%
- 4 year fix Cynergy Bank (4.4% AER variable): min £1,000 / max £1m
- 5 year fix Cynergy Bank (4.35% AER variable): min £1,000 / max £1m
Top Sharia Bank fixes
- 1 year fix Al Rayan Bank via Raisin (4.8% expected profit rate fixed): min £1,000 / max £85,000
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- 2 year fix Al Rayan Bank via Raisin (4.5% expected profit rate fixed): min £5,000 / max £1m
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- 3 year fix Al Rayan Bank via Raisin (4.4% expected profit rate fixed): min £5,000 / max £1m
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
- 4 year fix BLME (4.2% expected profit rate fixed): min £1,000 / max £1m
- 5 year fix Al Rayan Bank via Raisin (4.1% expected profit rate fixed): min £5,000 / max £1m
- New customers get a £100 bonus when you sign up with the code OFFER100 by 30 September and deposit £10,000 by 15 October 2024. See all the details.
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Best Cash ISAs
Though most of us don’t need the tax-free “wrapper” offered by an ISA, if you are wanting to use one then the same goes in terms of finding the best rate.
Here are the top paying rates for each type, we’ve listed more options over on our dedicated Best Cash ISA page.
Best auto-savings rates – up to 5%
Apps like Chip and Plum and features like Monzo’s IFTTT are great tools to boost how much is in your savings. But the rates aren’t always the best. I’d personally look to transfer these savings over to a higher paying account, but in the short term it pays to use those with the best rates.
- Chase (5% AER variable) – rate on roundups only – read more about Chase
- Chip via Clearbank (4.58% AER variable) – Charges can apply, read more about Chip
- Monzo (4.1% AER variable) – read more about IFTTT
- Plum (4% AER variable for free users. Reducing to 3.89% on 12 September.)
Premium Bonds – 4.4% prize rate
The prize rate for Premium Bonds currently stands at 4.4%. This doesn’t mean you’ll get 4.4% back on your savings, though the closer you are to the £50,000 maximum deposit, the closer you’ll get to the rate (on average). Here’s more.
Best children’s savings account
We’ve written in more detail about the different savings accounts for kids, so do check that article out to understand the conditions such as access and find all the top rates.
Best ethical savings account
The money you hold in your savings is used by the banks to invest and lend money. This could mean it’s used for things you might disagree with, such as fracking, tobacco or arms manufacturing.
There are banks with ethical policies such as Triodos, while building societies must lend 75% of their funds to home buyers, meaning they don’t have the cash to invest elsewhere.
Sharia accounts can’t be used for things against Islamic law, like tobacco or gambling and I’ve listed the top ones further down the article.
The “greenest” banks are Ecology Building Society and Triodos, though they won’t always make the tables above. The following banks and building societies are more likely to appear above.
There’s also the NS&I Green Bond, a 3-year fixed-rate account. It’s currently paying 2.95%. Here’s our analysis.
Top Sharia savings accounts
Paying interest isn’t allowed in Islam, so a Sharia-compliant savings account instead promises a return on the money saved – an expected profit rate. Though technically this means the rate isn’t guaranteed, it’s not happened yet. They’re open to everyone, not just Muslims. Money in these accounts won’t be invested in arms, tobacco, gambling or tobacco.
Look in the tables above for banks offering an expected profit rate rather than AER. The main banks are:
Finding the latest savings rates
We update this page once or twice a day (check the published date to see when it last happened), but if you find a rate has been cut or isn’t available, you can check the MoneyFacts website for a partial list.