The best UK savings rates this week

Last updated: 17 April 2025 at 12:15

Top easy access and fixed savings rates drop, but it’s still possible to secure inflation-beating returns.

In bad news for savers, the top rates available on easy access accounts and fixed rate bonds fell this week.

But there are still some providers raising rates and introducing new accounts, including the Government-backed National Savings and Investments (NS&I).

NS&I launched new one- and five-year Bonds this week, as well as increasing the rates on its existing two- and three-year bonds to 4.00% AER and 4.10% AER respectively. However, while the Government backing may make these accounts particularly appealing to those with large amounts in savings, it’s possible to secure significantly higher interest rates from other providers.

And, with inflation falling to 2.6% in March, savers can maximise the return they get on their money in real terms by taking advantage of the top savings rates currently on offer.

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

After Chip lowered the rate on its Chip Instant Access Account, Atom Bank and Chase now pay the market-leading easy access savings rate of 4.75% AER. Atom Bank’s Instant Saver Reward pays this rate monthly, but savers should note that a lower rate of 3.00% AER applies in any month that they make a withdrawal. This app-only account doesn’t specify a minimum opening deposit and allows savers to add to their savings pot without restriction via a nominated account.

The Chase Saver With Boosted Rate also only operates on mobile app and pays 4.75% AER monthly, but this includes a 1.75% AER bonus for six months (which is only available to new customers). While no minimum deposit is specified and there are no restrictions on depositing into the account, there is a £25,000 daily external transfer limit on withdrawals.

Just behind these two providers is the Defined Access Issue 1 from Vida Savings paying 4.63% AER monthly or on anniversary. Savers can open this account online with a deposit of at least £10 and can continue to manage their savings online or via mobile app. However, while they can add to their savings as often as they choose, savers will receive a lower rate of 2.50% AER if they make more than four withdrawals in a 12-month period. All transactions must be made via a nominated account.

Meanwhile, Chip now sits in third position on our easy access savings chart with its Chip Instant Access Account paying a lower rate of 4.60% AER monthly (including a sizeable 1.10% AER bonus for three months). To access the bonus, savers need to input the promo code “CHIPWELCOME” within 14 days of downloading the Chip mobile app. Available via mobile app, this account requires a minimum deposit of £1 and allows unrestricted deposits and withdrawals.

Fixed rate bonds

Thanks to a rate cut from QIB (UK) and product withdrawals from Gatehouse Bank, the market-leading rates on fixed bonds have all dropped over the past week.

Castle Community Bank’s Fixed Rate Savings now pays the leading rate on one-year bonds at 4.68% AER. Available online, this account pays this rate on maturity and requires a minimum deposit of £1,000. However, savers should note that they can’t make any further contributions after their initial deposit, and they need to be a member of My Community Bank Credit Union to apply.

For a longer fix, Close Brothers Savings tops our two-year fixed bonds chart with its 2 Year Fixed Rate Bond paying 4.58% AER. Its 3 Year Fixed Rate Bond also pays the joint market-leading three-year fixed rate of 4.55% AER. Savers can open both accounts online with a hefty deposit of £10,000 or more, with the option to add to their account for 10 further days. Once open, they can continue to manage their savings online, or they can do so via phone or post if they prefer. Both accounts pay interest yearly.

Joining Close Brothers Savings at the top of our three-year fixed bond chart is Cynergy Bank. Its Fixed Rate Bond, which is only available online, pays 4.55% AER on a minimum of £1,000. After making the initial opening deposit, savers can continue to add to their savings for the next 14 days. Note that the Cynergy Bank Authenticator App or Digipass is required to access online banking with this provider.

Secure Trust Bank’s 3 Year Fixed Rate Bond (22.May.28) also shares the lead of our three-year chart, as well as topping our five-year fixed bond chart with its 5 Year Fixed Rate Bond (28.May.30) paying 4.56% AER. Both accounts pay interest yearly until the maturity date. Savers can open these accounts online with a minimum deposit of £1,000, and can subsequently manage their savings online, by phone or via mobile app. These fixed bonds allow further deposits for 30 days after opening, but they must be made via a nominated account and be a minimum of £1,000.

Bear in mind that these fixed rate bonds don’t allow savers to withdraw any money from their savings before the end of the specified term.

Notice accounts

The leading notice accounts remain unchanged this week.

The 30 Day Notice – Issue 27 from Charter Savings Bank continues to pay 4.60% AER to top our up to 30-days notice chart, giving savers the option of having interest paid monthly or on anniversary. This online-only account requires a minimum opening deposit of £5,000 and allows savers to make further deposits without restriction (via a nominated account). Note that it’s not possible to withdraw your money before the end of the 30-day notice period.

For a longer notice period of 60 days, savers can access a higher rate of 4.77% AER with the 60 Day Notice Savings Account - Issue 62 from Kent Reliance. Savers can open this account online or by visiting a branch with a minimum deposit of at least £1,000. They can subsequently manage their account via the same means or via phone and can choose to have interest paid monthly or yearly. Savers are able to add to their savings pot by depositing cash at a branch, via cheque or via bank transfer, but they should bear in mind that the withdrawal methods available will depend on how they opened their account.

Savers who are willing to wait 90 days before accessing their money could consider the 90 Day Notice Base Rate Tracker (Issue 8) from Oxbury Bank which tops our 90-day notice chart. This account pays 4.80% AER monthly on a minimum of £1,000 and permits further deposits without restriction via a nominated account. Savers can open this savings account online and manage it online or via mobile app, but should note that the Oxbury App is required for online banking access.