Compare Instant Access Savings Accounts

compare 1554 accounts from 237 companies
Whole of Market Comparison (data updated daily)
We help you compare the best instant access savings accounts available in the UK so you can get a high interest rate and still have access to your money when you need it. Choose the instant access saving account that's right for you and apply online today.

Instant Access Saving Accounts

Page 1 of 20.
CompareAccount Type Interest Minimum
Investment
Manage 
AER% Paid
Most Popular
Coventry Building SocietyCoventry Building Society 50 Plus eSave (6) Apply
Instant Access3.25%choice£1 yes
Alliance and LeicesterAlliance and Leicester Online Saver Issue 5 Apply
Instant Access3.15%annually£1 yes
ING DirectING Direct Savings Account
3% AER guaranteed for 12 months from date account opened (2.96% gross p.a.). Following the 12-month period the rate will revert to the underlying variable rate (currently 0.50%AER/0.50%gross p.a.).
More Details: ING Direct Savings Account
Apply
Instant Access3%monthly£1 yesyes
Principality Building SocietyPrincipality Building Society e-SAVER Issue 2
Rate includes unconditional bonus of 1.20% above the variable e-SAVER rate payable the first 12 months
More Details: Principality Building Society e-SAVER Issue 2
Apply
Instant Access2.85%annually£1 yes
EggEgg Savings Account (Internet) Apply
Instant Access2.8%annually£1 yesyes
Sainsbury'sSainsbury's Internet Saver (Special Offer) Apply
Instant Access2.8%annually£1,000 yes
AbbeyAbbey eSaver Issue 2
More Details: Abbey eSaver Issue 2
Apply
Instant Access2.5%choice£1 yes
TescoTesco Internet Saver
Collect up to 2000 Clubcard points. Rate includes 1.5% bonus for 12 mths.
More Details: Tesco Internet Saver
Apply
Instant Access2.25%annually£1 yes
NationwideNationwide e-Savings Plus Ex/C Apply
Instant Access2%annually£1 yes
TescoTesco Instant Access Savings
Collect up to 2000 Clubcard points
More Details: Tesco Instant Access Savings
Apply
Instant Access1.25%choice£1yesyesyes
Post OfficePost Office Instant Saver
Rate includes a 1.00% 12 months intro bonus. 6 free withdrawals per year, then cost £1.
More Details: Post Office Instant Saver
Apply
Instant Access1.1%annually£500yesyesyes
Sainsbury'sSainsbury's Internet Saver Apply
Instant Access0.75%annually£1 yes
HSBCHSBC Online Bonus Saver
0.75% on your savings with no withdrawals & 2.50%AER if you need to access your money.
More Details: HSBC Online Bonus Saver
Apply
Instant Access0.75%monthly£1 yes
Full Results
Coventry Building SocietyCoventry Building Society 50 Plus eSave (6) Apply
Instant Access3.25%choice£1 yes
Nottingham Building SocietyNottingham Building Society First Home Saver Apply
Instant Access3.25%annually£10yes
Alliance and LeicesterAlliance and Leicester Online Saver Issue 5 Apply
Instant Access3.15%annually£1 yes
Birmingham MidshiresBirmingham Midshires Telephone ExtraApply
Instant Access3.15%choice£1 yes
Leeds Building SocietyLeeds Building Society Online Instant Access AccountApply
Instant Access3.05%annually£100 yes
ING DirectING Direct Savings Account
3% AER guaranteed for 12 months from date account opened (2.96% gross p.a.). Following the 12-month period the rate will revert to the underlying variable rate (currently 0.50%AER/0.50%gross p.a.).
More Details: ING Direct Savings Account
Apply
Instant Access3%monthly£1 yesyes
Ulster Bank (NI)Ulster Bank (NI) eSavings PlusApply
Instant Access3%monthly£10,000 yesyes
ArrowCompareCompare details 'side by side' of up to 3 saving accounts at a time.
Page 1 of 20. We found 391 saving accounts that meet your search criteria.
Products listed under 'Most Popular' are the most popular products that can be applied for via money.co.uk.

Instant Access Accounts

By Helen Raymond
Published on 21 Sep 2007

Why an instant access savings account could help grow your savings.

Instant access savings accounts give you the flexibility to save money in an account which attracts a good rate of interest while allowing you the freedom to access your funds on demand without penalties or restrictions.

Because of the flexibility they offer, instant access savings tend to have a slightly lower interest rate than fixed term or notice accounts. However, by saving using an instant access account, your money is still going to attract a significantly higher rate of interest than if it remained in your current account. Additionally, many financial institutions offer tiered interest rates on their instant access accounts; these are designed as an incentive because the more you save the more interest you'll earn.

The majority of instant access savings accounts can be opened and kept open with a minimal balance (often as little as £1) making them suitable for even the novice saver. Interest is usually paid annually, either on the anniversary of the account opening or on a pre-specified date. Some institutions may offer the option to take interest payments on a monthly basis, although this may be subject to a slight reduction in the rate of interest paid.

The flexibility with which money can be accessed is a definite benefit of instant access accounts as money is available when it is needed. Conversely however, this easy access feature may also offer the temptation to spend. So after building up a reasonable amount in an instant access account it may be worth looking to investing some of the money in a longer term account so that your savings can earn a higher rate of interest.

Compare savings accounts via money.co.uk

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