This week's top savings deals explained

Last updated: 30 October 2025 at 15:00

This week sees a significant drop in the leading one-year fixed bond rate and a more positive increase in the top two- and five-year fixed rates.

Savers may be pleased to see increases to some of our top fixed bonds this week, and less excited about the substantial drop in the one-year fixed rate, in the wake of costly times following the summer months.

Although this has been a period of heightened spending for savers, they managed to put away £7.9 billion in savings over September, as the Bank of England’s most recent Money and Credit Report recorded.

“September can be an expensive month for consumers, with many recovering from their summer spending or gearing up for back-to-school shopping,” Caitlyn Eastell, Spokesperson at Moneyfactscompare.co.uk, commented.

 “Despite the pressures, households boosted their savings with banks and building societies by £7.9 billion,” Eastell continued. 

Of this amount, £5.8 billion was paid into easy access accounts.

With more expensive times on the horizon as the festive season approaches, it’s important that savers shop around to secure the best return on their money.

Below is a list of accounts that currently offer the best easy access, fixed and notice savings rates. These products are all available to new customers with a £10,000 deposit. Note that higher rates may be available to existing customers or those who are willing to save more than £10,000.

You can also visit our charts to compare rates from across the whole of the savings market.

Easy access accounts

Chase jointly leads our easy access savings chart once again this week, continuing to pay 4.50% AER monthly on its Chase Saver With Boosted Rate, inclusive of a 1.94% 12-month bonus. This app-only account doesn’t specify a minimum opening deposit and, while Chase allows further additions to the account without restriction, there’s a daily external transfer limit of £25,000.

Ulster Bank shares first place with Chase with its Limited Edition Saver Account – Issue 1, still paying 4.50% AER monthly. This headline rate includes a 2.72% bonus for 12 months on balances of £5,000 or more. When this isn’t met, the rate drops to a much lower 1.06% AER. Available to open online or by mobile app, after this there’s the added option to manage it in-branch or over the phone. No minimum deposit is required, and no restrictions apply on withdrawals, but savers should bear in mind that after 12 months this account will revert into an Easy Access Savings Account.

Sidekick occupies second place on our chart with its Sidekick Multi Shield, continuing to pay 4.48% AER monthly. This includes a six-month bonus of 1.00% on account balances between £10,000 and £85,000. On amounts that exceed this, a reduced rate of 3.48% AER applies. This app-only account asks for a sizeable opening deposit of £10,000 or more and allows savers to add to their pot without restriction. Savers should note, however, that withdrawn funds are only available the next working day. As Sidekick spreads your money across a network of partner banks, it protects up to £255,0000 under the Financial Services Compensation Scheme (FSCS).

Elsewhere, cahoot holds steady in third place this week with its cahoot Simple Saver (Issue 13), continuing to offer a flat rate of 4.40% AER on anniversary or monthly on balances between £1 and £500,000. It can be opened online after which it can also be managed over the phone. Savers can add to and withdraw from their pot without restriction but should be aware that this account reverts into a cahoot Savings Account after 12 months.

Zopa’s Smart Saver – Access Pot with bonus pays a higher rate of 4.75% AER (including a 12-month bonus of 1.44%), but this is only available to Biscuit current account customers who meet the terms and conditions. See our chart for more details.

Fixed rate bonds

This week, LHV Bank tops our one-year fixed bond chart, paying 4.46% AER on maturity on its 1 Year Fixed Rate Bond – a sizeable drop from the previous week’s formerly market-leading account. This app-only fixed bond requires a minimum opening deposit of £1,000 – an amount savers may want to consider carefully as there’s no option to make further contributions. Earlier access is also not permitted.

After increasing its rate this week, FirstSave’s FirstSave 2 Year Fixed Rate Bond now claims pole position on our two-year fixed bond chart, offering 4.45% AER on anniversary or monthly. This account can be opened online with deposits of £1,000 or more and further managed by post or phone. Neither additional payments nor early access are allowed.

Castle Community Bank maintains its leading position on our three-year fixed bond chart, still paying 4.47% AER on maturity on its Fixed Rate Savings. This online-only account can be opened with deposits of £1,000 or more but savers should note that they must be a member of Castle Community Bank Credit Union to be eligible to apply. As with the previous accounts, early access and further additions aren’t an option.

After launching its new 5- Year Fixed Term Account (Issue 1), Afin Bank now comes in first on our five-year fixed bond chart. The account pays 4.55% AER on anniversary – a higher rate than last week’s leading five-year fixed bond – on a minimum opening deposit of £1,000. Available via mobile app there is a further option to manage it over the phone. Unlike the other leading fixed bonds this week, Afin Bank allows further deposits via a nominated account for an additional 14 days after opening. However, early access is still not permitted.

Notice accounts

There’s no change in the leading notice rates this week.

RCI Bank UK holds firm at the top of our up to 30-day notice chart with its RCI Bank E-Volve Savings 14 Day Notice Account which pays 4.15% AER on anniversary or monthly. Available online, once opened with a minimum deposit of £100, it can be additionally managed via mobile app. Further contributions are allowed but must be made via a nominated account, as must withdrawals. However, as early access isn’t permitted, savers will need to serve the 14-day notice period before accessing their withdrawn funds. Savers may be interested to know that this account is a green product and all money deposited will be used exclusively for the purpose of financing electric vehicles, charging points and future green transportation projects.

Oxbury Bank continues to offer the chart-topping rates on our up to 60-day notice chart and our up to 90-day notice chart. Paying 4.46% AER monthly on its Personal 60 Day Notice Tracker Premium 1, and a higher 4.51% AER monthly on its Personal 90 Day Notice Tracker Premium 2, the accounts ask for a larger £10,000 opening deposit and can be accessed online. Once funded, there’s an option for further management by mobile app. Savers should note that the Oxbury App is needed for both methods. Additional contributions must be made by nominated account and, once again, as early access isn’t allowed, savers must wait 60 days or 90 days respectively to gain access to their money.