Lloyds, Santander and HSBC hike savings rates

Banks and building societies have been raising their savings rates as the base rate continues to rise. we round up the latest rates from top banks - including Nationwide, HSBC, and Lloyds

Percentage sign print screen on wooden cube block which lay down on increasing coins stacking for interest rate growth
(Image credit: Getty Images)

Nationwide, Santander and HSBC are among the larger banks and building societies that have hiked the rates on their savings accounts throughout August. 

This follows the Bank of England upping the base rate to 5.25%,- the 14th consecutive rise.

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Savings productRate change
Lloyds Easy Saver balances between £1-£24,9991.1% to 1.4%
Lloyds Easy Saver balances between £25,000 - £99,9991.35% to 1.45%
Lloyds Easy Saver balances of £100,000 or more1.8% to 1.9%
HSBC Easy Saver1.75% to 2%
Santander eSaver2% to 2.5%
Nationwide One Year Triple Access Saver3.5% to 4.25%
Nationwide Instant Access Saver – Issue 10 2.3% to 2.4%
Nationwide Flex Instant Saver3% to 3.25%
Natwest Instant Access Saver balances between £1 - £24,9991.41% to 1.75%
Natwest Instant Access Saver balances between £25,000 - £99,9992.12% to 2.25%
Natwest Instant Access Saver balances between £100,000 - £249,9992.63% to 2.7%
Natwest Instant Access Saver balances of more than £250,0003.14% to 3.3%

Vaishali has a background in personal finance and a passion for helping people manage their finances. As a former staff writer for MoneyWeek, Vaishali covered the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.