Having an easy access or instant access account is great if you will need to withdraw your money at any point. You will have the freedom to reach your money whenever you need it.

Finding the right type of savings account to suit you is important before beginning.

Best easy access accounts for you

 

HSBC Flexible saver

  • You can earn 2% AER on anything over £1 so there is no minimum deposit amount.
  • You can choose whether you save money through standing order or just depositing how much you want each month.
  • Use the mobile app to set up your savings goal.
  • You can open multiple Flexible saver accounts.
  • You can set this account up as a new HSBC customer by registering online.

 

Co-operative bank

  • With a regular saver you can earn 7% interest on your savings helping you earn more with your money. This account is only for customers with a pre existing current account with Co-op bank.
  • When you save up to £250 each month for a year you can receive a higher interest rate.
  • You won’t be able to deposit more than £250 each month.
  • You will have instant access to withdraw and deposit into your account.
  • This account is great if you are wanting to save small amounts regularly as you cannot deposit more than £250 a month.

Natwest Digital saver

  • With this account you can earn 6/6.17% interest on any amount up to £5000. Once your balance reaches £5000 the interest will drop t0 1.74%.
  • This is great for those beginning their savings to help earn great interest.
  • You will be able to withdraw and deposit freely.
  • Interest will be paid monthly.

 

Barclays Rainy day saver

  • Earn and interest rate of 5/5.12% on the first £5000 you save. Once you deposit over £5000 your interest rate will drop to 1.15%.  Barclays are able to change the interest rate as they wish so keep an eye out for this.
  • You can only have one Barclays Rainy day saver account so once you reach the £5000 limit you will have to deposit the rest in another account to keep the high interest benefits.
  • You can access your account easily through an app.
  • You can only have this account if you are already a Barclays Blue Rewards member.

 

Barclays Everyday Saver

  • Once you reach the limit of £5000 on the Rainy day saver you can open up this account to keep earning interest on extra savings.
  • You can open this account as a new Barclays customer by having an appointment at a branch.
  • There is no minimum deposit amount for this account so you can start saving from £1.
  • Earn an interest rate of 1.66% AER on any amount up to £10,000. Any amount over this the interest rate will decrease to 1.16%.