This week's top savings deals explained

Last updated: 6 November 2025 at 15:15

There’s relief for savers this week as the base rate is announced to hold at 4%.

Savers may be pleased that the Bank of England’s Monetary Policy Committee (MPC) opted not to make changes to the base rate today (6 November 2025), voting instead for it to hold firm at 4% for the second consecutive time.

This comes after some concern over the past weeks that we could see a potential cut – which would have seen savers impacted the hardest.

Even though the average easy access rate has dropped since last November, following previous base rate reductions, month-on-month it’s still seen an improvement – rising from 2.50% in October to 2.52%. What’s more, market-leading accounts continue to offer above 4%.

As always, shopping the market for the highest rates and switching is essential if savers want to see the best return on their hard-earned cash.

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

This week brings no changes to our leading easy access rates with last week’s accounts holding firm.

Chase continues to pay 4.50% monthly (inclusive of a 1.94% 12-month bonus) on its Chase Saver With Boosted Rate, seeing it stay in joint first on our easy access chart. This app-only account states no minimum opening deposit and, while further additions are allowed without restriction, savers should be aware that a daily external transfer limit of £25,000 applies.

Also paying 4.50% AER monthly is Ulster Bank’s Limited Edition Saver Account – Issue 1. This headline rate includes a 2.72% bonus for 12 months, paid on balances of £5,000 or above. If this isn’t met, a lower rate of 1.06% AER applies. This account can be opened online or by mobile app, after which it can be additionally managed in branch or over the phone. A minimum opening deposit isn’t specified, and no restrictions are placed on withdrawals. It should be noted that this account reverts into an Easy Access Savings Account after one year.

Elsewhere, Sidekick’s Sidekick Multi Shield shares second place on our chart this week, still paying 4.48% AER monthly – inclusive of a 1.00% six-month bonus – on balances between £10,000 and £85,000. However, a lower rate of 3.48% AER applies on the portion of balances above £85,000. While savers can add to their cash without restriction, they should be aware that any withdrawn money will only be available the next working day. Savers with bigger sums to deposit may be pleased to know that, as Sidekick spreads their funds across its network of partner banks, up to £255,000 is protected under the Financial Services Compensation Scheme (FSCS).

Those looking for an account not bolstered by an introductory bonus could consider West Brom BS’s newly launched Triple Access Saver (Issue 1), which joins Sidekick in joint second place on our chart. It offers a flat rate of 4.48% AER yearly or monthly. This online-only account asks for opening deposits of £1 or above and, while further additions can be made without restriction, a lower rate of 1.65% AER is paid if more than three withdrawals are made per account year (1 May to 30 April).  Savers should bear in mind that this account matures on 31 January 2027 into a limited access account.

In third place on our chart, cahoot’s cahoot Simple Saver (Issue 13) continues to pay a flat rate of 4.40% AER monthly or on anniversary on balances between £1 and £500,000. Available to open online, once funded, this account can be further managed over the phone. It also allows unrestricted, penalty-free access to savers’ money, however, they should be aware that the account will revert into a cahoot Savings Account after one year.

Fixed rate bonds

LHV Bank’s 1 Year Fixed Rate Bond still tops our one-year fixed rate bond chart this week, offering 4.46% AER on maturity on opening deposits of £1,000 or more.  This app-only account doesn’t allow further contributions, so savers may want to consider this amount carefully. Earlier access is also not permitted, as is typical for fixed rate bonds.

FirstSave continues to offer the leading two-year fixed bond rate with its FirstSave 2 Year Fixed Rate Bond. The account pays 4.45% AER on anniversary or monthly and can be opened online with a minimum deposit of £1,000. Once again, this amount should be chosen carefully as there’s no option for further additions. The account can also be managed by post and over the phone.

The top three-year fixed bond dropped considerably this week, with JN Bank now offering the leading rate on its Fixed Term Savings Account; this account pays 4.39% AER on anniversary. The provider also takes joint pole position on our five-year fixed bond chart with its five-year Fixed Term Savings offering 4.40% AER on anniversary – another drop after last week’s formerly market-leading account was withdrawn. These online-only fixed bonds require a £100 minimum opening deposit and allow an additional 11 payments for 14 days via a nominated account.

Joining JN Bank in first place on our five-year fixed bond chart is Secure Trust Bank with its 5 Year Fixed Rate Bond (10.Dec.30) paying 4.40% AER yearly until it matures on 10 December 2030. After opening online with a deposit of £1,000 or higher, this account can be additionally managed over the phone or by mobile app and allows further contributions for 30 days via a nominated account.

Notice accounts

There’s no change to the best notice accounts this week.

RCI Bank UK remains at the top of our up to 30-day notice account chart, continuing to pay 4.15% AER on anniversary or monthly on its RCI Bank E-Volve Savings 14 Day Notice Account. The account asks for an opening deposit of £100 or more and can be opened online. After this, there’s the option to manage it via mobile app. Further additions are allowed but must be made using a nominated account (this also applies to withdrawals). Early access isn’t permitted so savers will need to serve the 14-day notice period before accessing their withdrawn funds. Eco-conscious savers may appreciate that this account is a green product and all money deposited will be used for financing electric vehicles, charging points and future green transportation projects.

Leading our up to 60- and up to 90-day notice charts is Oxbury Bank. The provider’s Personal 60 Day Notice Tracker Premium 1 offers 4.46% AER monthly, and its Personal 90 Day Notice Tracker Premium 2 pays 4.51% AER monthly. Both accounts can be opened online with minimum deposits of £10,000, after which they can be additionally managed via mobile app. However, it should be noted that the Oxbury App is needed to use online banking. All deposits and withdrawals must be made via a nominated account and, as early access isn’t allowed, savers will need to wait the respective 60- and 90-day notice periods before they gain access to their cash.