This week's top savings deals explained

Last updated: 26 February 2026 at 11:55

Over 6.5 million current accounts with balances of more than £10,000 are making no return, seeing many consumers miss out on earning savings interest.

With over 6.5 million non-interest paying current accounts recorded with balances of over £10,000, many consumers are missing out on earning savings interest, recent analysis from savings app Spring has found.

If consumers made the switch from a current account paying zero interest to a savings account paying a market-leading rate, they could see a sizeable return on their savings. For example, if they placed that £10,000 into the top easy access savings account, Tembo Money’s HomeSaver which pays 4.55% AER, they could earn £455 after a year (assuming the interest rate stayed the same).

And if savers would prefer to lock in a guaranteed return, the leading one-year fixed rate bond – Rova’s Rova Savings Vault offering 4.25% AER – would see them take home £425 in interest after one year.

What’s more, Spring’s analysis found that £71.3 billion is currently held in adult savings accounts earning a paltry 1% or less across 22.4 million accounts – stressing the importance of shopping the market for the best returns on your hard-earned cash.

“Even small changes, like moving surplus cash into a competitive savings account, could make a meaningful difference to people’s finances,” Derek Sprawling, Spring Head of Money, commented.

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

Tembo Money’s HomeSaver continues to lead our easy access chart for another consecutive week, offering 4.55% AER monthly (inclusive of a 1.55% bonus for 12 months). This account can be opened via mobile app with a minimum deposit of £10 and allows unlimited access to a saver’s cash after this – however, it should be noted that further additions and withdrawals need to be made via a nominated account and should be a minimum of £10. It is possible to get a higher rate on this account if savers take out a qualifying mortgage with Tembo Money, but be aware that conditions apply. To find out more on this, please see our chart.

Maintaining its second-place position once again this week is Chase with its Chase Saver With Boosted Rate paying 4.50% AER monthly. This headline rate includes a sizeable 2.23% 12-month bonus – however, this is only available in the first 31 days of being a new Chase current account customer. It doesn’t specify a minimum deposit to open via mobile app – and can be subsequently managed by the same means. While savers have no limit on making further additions, note that a £25,000 daily external transfer limit applies.

Remaining in third place on our chart this week is Mansfield BS, now sharing its position with another provider. Its Triple Access Bonus Saver (1^st Issue) still pays a competitive 4.25% AER yearly (including a 1.00% bonus for 12 months) on a minimum £1 opening deposit. Available in branch or by post, savers are restricted to making three withdrawals per year, including account closure.

Those looking for an account not bolstered by an introductory bonus could consider Dudley BS’s new 1 Access Bonus Saver, which also offers the third-best easy access rate on our chart paying an attractive flat rate of 4.25% AER on anniversary. It requires a slightly higher minimum deposit of £1,000 to open the account in branch or by post. Be aware that a lower rate of 3.35% applies from the second withdrawal per year.

Fixed rate bonds

The Rova Savings Vault from Rova continues to occupy the top spot on our one-year fixed bond chart, still paying 4.25% AER on maturity. Savers will need to make a minimum deposit of £500 to open this bond via mobile app and should consider this amount carefully as there’s no option to make further contributions. Note that early access is also not permitted.

AlRayan Bank continues to lead both our two-year and our three-year fixed bond charts, with its Meteor Savings – 2 Year Fixed Term Deposit and Meteor Savings – 3 Year Fixed Term Deposit. They offer an expected profit rate of 4.20% and 4.22% AER, respectively, on a minimum opening deposit of £1,000. Profit is paid on maturity on these online-only accounts, which are available via the Meteor Savings platform, and they don’t allow further additions or early access.

Following a rate increase, Chetwood Bank’s 5 Year Fixed Rate Savings Account leads our five-year fixed bond chart. It pays 4.36% AER on anniversary and can be opened online with a deposit of £1,000 or more. Savers can add to their pots for 14 days from account opening, but early access isn’t permitted.

Notice accounts

This week United Trust Bank’s UTB 30 Day Notice still takes the leading spot on our up to 30-day notice chart – offering 4.05% AER. Available online with a minimum £5,000 deposit, savers should bear in mind that despite this, the headline rate is only accessible on account balances of £10,000 or above. When the balance falls below this, a lower rate of 4.00% AER applies. Interest is paid yearly and any further contributions or withdrawals should be made via a nominated account. Early access isn’t allowed, meaning savers will have to serve the 30-day notice period before accessing their withdrawn cash. Note that as of tomorrow (27 February 2026) the headline rate will drop to 3.90% AER.

Vida Savings maintains its first-place position on our up to 60-day notice chart this week. Its Raisin UK – 45 Day Notice Account continues to pay 4.11% AER monthly and can be opened online or by mobile app via the Raisin UK Savings platform with a minimum deposit of £1,000. No partial withdrawals can be made from this account and withdrawal of the full balance is subject to a 45-day notice, plus account closure. Once again, no early access is permitted, and savers will need to wait 45 days before getting their hands on any withdrawn money.

At the top of our up to 90-day notice chart for another week is StreamBank with its 90 Day Notice Account – Issue 9 paying 4.15% AER monthly on a minimum opening deposit of £1,000. While further additions can be made without restriction, withdrawals must be made via a nominated account. No early access is allowed, so savers will have a 90-day wait before getting access to their funds.