Best easy-access savings accounts – earn up to 4.5%

Easy-access savings accounts are a good option for savers who want minimal restrictions on their cash, allowing them to dip in and out of their savings as they like.

Currently, the top easy-access rate is 4.5% AER from Chase Bank. If you want to lock in rates before they drop, you can opt for a one-year fixed savings account, currently paying up to 4.55% AER.

To help you find the best rates, we've rounded up the best easy-access savings accounts available on the market now.

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All the banks featured here are protected by the Financial Services Compensation Scheme (FSCS), meaning up to £85,000 of your savings are protected should a bank or financial firm go bust.

Best easy-access savings accounts

Best easy-access

Chase Saver With Boosted Rate – 4.5% AER

You can earn a 4.5% boosted rate within your first 31 days of opening a Chase saver. It includes an extra 2% AER boost for 12 months on top of the standard variable rate. There is no minimum deposit requirement, and you can go up to £3 million. This offer is only available to new customers. Interest is paid monthly, and the account can be opened online.

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Revolut Instant Access Savings - Ultra - 4.5% AER

With Revolut’s variable savings account, you can earn 4.5% on your cash. There is no minimum deposit requirement and you can save up to £200,000. However, it’s worth noting that you can only get this rate with Revolut’s Ultra plan, which costs £45 per month. Plus, ClearBank powers Revolut’s savings account, so customers are still eligible for FSCS protection for up to £85,000 of their savings via ClearBank Limited. Interest is paid daily. The account can be opened through the Revolut app.

Ulster Bank Limited Edition Saver Account– 4.5% AER

Ulster Bank, part of the NatWest group is returning 4.5% AER on balances between £5,000 and £3 million. The rate includes a bonus of 2.75%, fixed for 12 months. The account can be opened and managed online. Interest is paid monthly.

Sidekick Multi Shield – 4.48% AER

This saver can be opened online with a minimum balance of £10,000. The interest rate is 4.48% (variable) and includes a 1% bonus for six months on your first £85,000. It's worth noting that Sidekick partners with UK-regulated banks to provide its savings products. The rate is also a blended rate, which means that your first £85,000 is deposited at a higher rate partner bank, the second £85,000 at the next highest rate bank, and so forth. Since the above deal lets you allocate your funds across multiple banks, it is eligible for FSCS protection of up to £255,000. It is operated by Bondsmith.

Monument Bank Easy Access Savings Boosted Rate – 4.41% AER

Monument Bank is offering new customers 4.41% (variable) on their cash, with a 0.64% fixed bonus rate until 17 November 2026. You can start saving from £25,000, and the maximum deposit amount is £400,000. Bear in mind that only up to £85,000 is protected with the FSCS. Interest is paid monthly, and there are no restrictions on withdrawals. The account can be opened and managed using the Monument Bank app.

Cahoot Simple Saver – 4.4% AER

Open this easy access saver with just £1 and save a maximum deposit of £2 million. But note, you can only earn the variable rate on balances up to £500,000. You can open this account online. Interest is paid at maturity.

Chip Easy Access Account – 4.37% AER

New customers can earn a boosted rate of 4.37% with this Chip saver for a period of 12 months, after which it reverts to the standard rate of 2.74%. You can deposit up to £1 million with no lower limit, and make three penalty-free withdrawals in a year. Only £85,000 of your cash will be protected under the FSCS scheme. The account can be opened online, and interest is paid monthly.

Chip Instant Access Account – 4.35% AER

New customers can earn 4.35% with Chip’s Instant Access account. It will revert to 2.74% AER (variable) after 12 months. This account lets you deposit and withdraw your cash instantly. Customers need to deposit a minimum of £1 into the account. You can save up to £1 million, but only £85,000 is eligible for FSCS protection. Interest is paid monthly, and you can open the account through the mobile app.

Snoop Easy Access Savings Account – 4.35% AER

With this variable savings account, you can start saving from just £1 and go up to £85,000. You can get your money on the same working day if you make a request before 11am. There are no restrictions on withdrawal. It's worth noting that Snoop is not a bank, and your money will instead be held with Vanquis Bank Limited. However, your savings will be FSCS protected. Interest is calculated and paid daily, and you can open the account online.

Shawbrook Bank Bonus Easy Access Savings Account – 4.34% AER

This savings account with Shawbrook includes a 2.34% fixed bonus for the first twelve months. You can fund the account with just £1 and save a maximum of £85,000. Any funds need to be deposited within 28 days of opening the saver. Interest is paid monthly, and you can open the account online.

Coventry Building Society 4 Access Saver - 1 Year – 4.3% AER

The 4.3% rate from Coventry Building Society is paid on all balances between £1 and £250,000. You have the freedom to withdraw money from the account four times before you incur a 50-day removal of interest penalty. You can open this account online, in a branch, via post or over the phone.

How do easy-access accounts work?

Easy-access savings accounts let you flexibly save your cash, by making as many withdrawals as you like without incurring a penalty.

You will earn a variable interest rate, which means that the provider can increase or decrease the rate on your savings account as they choose, which is usually the case when the Bank of England cuts the base rate.

If a market-leading account that you opened a few months ago is not offering a good rate anymore, it's worth shopping around regularly to ensure your savings are working as hard as possible.

When can I withdraw money with easy-access accounts?

Traditionally, easy-access accounts should give you unlimited and flexible access to your savings.

However, there is now a trend for savings accounts to restrict the number of withdrawals – while still calling the account "easy-access". If you breach the limits, the penalty is normally a loss of interest, or falling onto a lower interest rate.

It means you'll need to look carefully at any restrictions on withdrawals (which could limit the frequency or the amount you take out) before opening an easy-access account.