The best UK savings rates this week

Last updated: 26 June 2025 at 12:00

Top rates on selected fixed rate bonds climb after providers raise rates.

One week after the Bank of England’s Monetary Policy Committee (MPC) voted to hold the base rate at 4.25%, several savings providers have increased rates or launched new accounts.

Significantly for savers hoping to lock in a guaranteed return on their money, the leading rates on one- and two-year fixed bonds edged higher this week after Cynergy Bank made selected increases.

This uptick will be encouraging news as savings rates have been steadily falling over the past year. But, with rates expected to continue their downwards trajectory, savers shouldn’t delay if they want to secure a competitive return and protect their money from potential rate drops in the future.

Premium Bonds are one of the savings products that will certainly see a lower return in the coming months after National Savings and Investments (NS&I) announced it would cut the prize fund rate from its current level of 3.80% to 3.60% from the August 2025 draw. While Premium Bonds can still be an appealing option for savers, it’s a good idea to consider other options that may offer a higher return.

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

The top three easy access savings rates remain the same this week, with Chase continuing to offer 5.00% AER monthly on its Chase Saver With Boosted Rate. However, savers should note that this headline rate includes a 2.25% AER bonus for 12 months, after which the rate will drop. This account, which is only open to new customers, is available via mobile app and doesn’t specify a minimum opening deposit requirement. Savers can add to and withdraw from their savings when they choose without penalty, but they should bear in mind that a £25,000 daily limit applies for external transfers.

Another app-only account, Atom Bank’s Instant Saver Reward, stays in second position on our chart with a rate of 4.75% AER. This rate is paid monthly, but a lower rate of 2.50% AER will apply during any month that a withdrawal is made, which could make this account less appealing to savers who think they will need to regularly dip into their savings. Atom Bank doesn’t set a minimum deposit requirement and any deposits and withdrawals from this Instant Saver Reward must be made via a nominated account.

Meanwhile, Snoop continues to pay 4.60% AER daily on its Snoop Easy Access Savings Account 1. Also available via mobile app, this account asks for a minimum opening deposit of £1 and doesn’t apply any restrictions on further deposits or withdrawals. However, it’s worth noting the maximum sum that can be deposited in the account is £85,000. This Snoop Easy Access Savings Account 1 is operated via Vanquis Bank, so it’s worth checking your savings will still qualify for protection under the Financial Services Compensation Scheme (FSCS) if you have any money deposited directly with Vanquis Bank, for example.

Fixed rate bonds

Cynergy Bank raised rates on its Fixed Rate Bonds last week, which means it now offers the market-leading one-year bond at 4.55% AER and the market-leading two- and three-year bonds which both pay 4.45% AER. These online-only accounts pay interest on maturity (one-year) or on anniversary (two- and three-year). Savers can open any of these accounts with a deposit of £1,000 or more and can make further deposits for 14 days after opening. Note that savers will need the Cynergy Bank Authenticator App or Digipass to access online banking.

The top of our five-year bonds chart remains unchanged as Birmingham Bank’s 5 Year Fixed Rate Bond - Issue 22 still pays 4.47% AER on anniversary. This account, which is also only available online, asks for a minimum opening deposit of £5,000 and allows additional contributions for 14 days (via a nominated account).

As is the case with most fixed bonds, none of these accounts allow savers to access their money before the end of the term.

Notice accounts

RCI Bank UK raised the rate on its RCI Bank E-Volve Savings 14 Day Notice Account to 4.30% AER this week, which takes top position on our up-to-30 days’ notice savings chart. Savers can open this account online with a deposit of £100 or more and can subsequently manage it online or via mobile app. Deposits and withdrawals must be made via a nominated account, and savers should note that they will need to wait the full 14 days before receiving their money as earlier access isn’t permitted. Interest on this account can be paid monthly or on anniversary. As a “green” product, all funds deposited in this account will be used to finance electric vehicles, charging points and green transport projects.

A combination of Kent Reliance lowering rates and Oxbury Bank relaunching accounts means that the latter provider now offers the leading 60-day and 90-day notice accounts. Its 60 Day Notice Base Rate Tracker (Issue 1) pays 4.51% AER monthly while its 90 Day Notice Base Rate Tracker (Issue 8) pays a slightly higher 4.55% AER monthly. Savers can open both accounts online by depositing a minimum of £1,000 and can then manage their savings online or via mobile app (the Oxbury App is required to use online banking). Further deposits are allowed without restriction but, because these accounts don’t allow earlier access, savers should plan their withdrawals as they won’t receive their money for 60 or 90 days. Note that all transactions must be made via a nominated account.