Make the most of the best bank accounts in the UK.

Interest rates are what many people consider when looking for a bank account or savings product. But UK banks and fintechs provide other perks and bonuses to win your custom. Make the most of them.

Get perks and boost your savings with best bank accounts in the UK

When it comes to banking, it’s worth shopping around and making the most of the various perks offered by different banks. These perks can range from high interest rates to freebies, cashback rewards, fee-free foreign currency transactions, and bundled insurance products.

As someone who regularly switches banks to take advantage of bank switch offers, I have tried out most banks. In doing so, I’ve sampled the best perks that most banks have to offer. And I like these perks. So, I maintain an account with each bank. I’ve listed the main ones below.

I also got a bit fed up of looking for the highest interest rate accounts to store my savings. So I created a self-updating list that you may find helpful. There might soon be a tool to identify the best bank account for your particular circumstances too (just testing it out at the moment),

Scrimpr's Bank Accounts & Savings Apps

I have a lot of bank accounts and fintech apps. But these are the ones I use most, what I use them for, and why.

Savings

App

Chip

High interest instant access savings account

Scrimpr review: Chip is an app-based savings accounts that offers leading easy-access interest rates. You link the app to your bank and can easily transfer money in and out.

Some people don’t like Chip because you can only link a single account. But it is very easy to use, and all savings are protected by the FSCS up to £85k.

Neobank

Kroo Current Account

The highest interest current account.

Scrimpr review: Kroo is a relatively new app-based bank. But it offers the highest in-credit interest rate of any bank. So Kroo is where any spare money I have goes.

Functionally, Kroo is very similar to Monzo. It’s from a fintech company, and they seem to know what customers want. All savings are protected by the FSCS up to £85k.

Highstreet

Bank

Nationwide FlexPlus Account

My joint account (insurance for both of us)

Scrimpr review: I have banked with Nationwide accounts for years. For 9 years, I have had a joint FlexPlus account with my partner. The FlexPlus account costs £13/month (£156/year).

For that price, we both get: 1) mobile phone cover, 2) worldwide travel insurance, and 3) UK/EU breakdown cover. Over the years, we have used the phone insurance and breakdown cover twice, and the travel insurance covered a holiday cancel due to COVID

Neobank

Monzo Current Account

My pocket money account*

Scrimpr review: I signed up to Monzo just to get the free fiver. But it is now my main pocket money account, and most of my day-to-day spending is done in this account.

Everyone should have a Monzo account. It’s simple to add money from another bank (via Open Banking). And if you are spending abroad, you get instant notification of how much you have spent in GBP. I cannot recommend Monzo enough.

Neobank

Chase

My cashback debit card

Scrimpr review: Chase burst into UK banking scene with a refer-a-friend promo. I signed up just to get the £20. But I stuck with them for their 1% cashback.

New customers get 1% cashback for a year without any other requirements. But after year 1, customers must deposit £1500 to retain the offer. In addition, chase give 1% interest on your current account balance. And they also have a “round-up” feature that shifts some pennies to a 5% savings account.

Highstreet

Bank

Natwest

Free rewards, plus where my mortagage is

Scrimpr review: The Reward Current account pays £5 a month pays for having direct debits and checking internet banking. Nothing special, but easy month.

You get £4 in rewards for having two direct debits, and £1 for opening the Natwest app. But the best part is that you get the fee for a Natwest reward credit card refunded. We used this credit card for all of our spending and have earned over £500 from it (it gives 1% cashback at supermarkets!).

Compare Interest Rates on UK Bank Accounts

The rest of this page provides several lists of UK bank accounts. The list of banks came from the Financial Conduct Authority and Which? Then I trawled the internet for data, and made a big database that automatically updates itself. Most of the information comes from MoneyFactsCompare and MoneySavingExpert – it’s just compiled in one place! And it updates itself frequently.

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Bank Type:

Bank	Bank	Account	Account Type	Max Deposit (Yearly)	AER (%)	Max Interest	Bank Type
Updated on 2024-04-04					99.00
Ulster Bank	Ulster Bank	Loyalty Saver	Variable	0	5.20	0.00	High Street Banks
Post Office Money	Post Office Money	Online Saver Issue 72	Variable	2,000,000	5.06	50,600.00	High Street Banks
Paragon Bank	Paragon Bank	Double Access Savings Account - Issue 7	Variable	500,000	5.05	12,625.00	Challenger Banks
Cynergy Bank	Cynergy Bank	Online Easy Access Account (Issue 71)	Variable	1,000,000	5.01	25,050.00	Challenger Banks
Skipton BS	Skipton BS	Single Access Saver Issue 3	Variable	1,000,000	5.01	25,050.00	Building Societies
Monument Bank	Monument Bank	Easy Access Savings	Variable	400,000	5.01	10,020.00	Digital Banks
Virgin Money	Virgin Money	Defined Access E-Saver Issue 23	Variable	250,000	5.01	6,262.50	High Street Banks
Principality BS	Principality BS	Online Bonus Double Access	Variable	1,000,000	5.00	25,000.00	Building Societies
Hampshire Trust Bank	Hampshire Trust Bank	Online Easy Access Account (Issue 21)	Variable	250,000	5.00	6,250.00	Challenger Banks
Close Brothers Savings	Close Brothers Savings	Easy Access Account Issue 3	Variable	2,000,000	5.00	50,000.00	Others
Harpenden BS	Harpenden BS	Online Instant Access (Issue 1)	Variable	250,000	4.95	6,187.50	Building Societies
Oxbury Bank	Oxbury Bank	Personal Easy Access Account (Issue 1)	Variable	500,000	4.94	12,350.00	Challenger Banks
Charter Savings Bank	Charter Savings Bank	Easy Access - Issue 50	Variable	1,000,000	4.93	24,650.00	Others
GB Bank	GB Bank	Wombat Invest - Base Rate Tracker	Variable	250,000	4.91	6,137.50	Challenger Banks
Wealthify	Wealthify	Instant Access Savings (powered by ClearBank)	Variable	0	4.91	0.00
Secure Trust Bank	Secure Trust Bank	Access Account (Issue 13)	Variable	250,000	4.90	6,125.00	Others
Aldermore	Aldermore	Double Access Account Issue 1	Variable	1,000,000	4.90	24,500.00	Challenger Banks
Leeds BS	Leeds BS	Limited Issue Online Access Account (Issue 56)	Variable	1,000,000	4.85	24,250.00	Building Societies
Chip	Chip	Chip Instant Access Account (powered by ClearBank)	Variable	250,000	4.84	6,050.00	Savings Apps
Tesco Bank	Tesco Bank	Internet Saver	Variable	0	4.81	0.00	Supermarket Banks
Family BS	Family BS	Market Tracker Saver (1)	Variable	250,000	4.81	6,012.50	Building Societies
Scottish BS	Scottish BS	Saver Plus - Issue 2	Variable	1,000,000	4.81	24,050.00	Building Societies
Saffron BS	Saffron BS	E-Saver Account (Issue 20)	Variable	500,000	4.80	12,000.00	Building Societies
Monmouthshire BS	Monmouthshire BS	Limited Access Saver - Issue 1	Variable	500,000	4.80	12,000.00	Building Societies
Yorkshire BS	Yorkshire BS	Internet Saver Plus Issue 14	Variable	500,000	4.80	12,000.00	Building Societies
Marcus	Marcus	Online Savings Account	Variable	250,000	4.75	5,937.50	Digital Banks
Teachers BS	Teachers BS	Teachers for Teachers (Issue 1)	Variable	100,000	4.75	2,375.00	Building Societies
RCI Bank UK	RCI Bank UK	Freedom Savings Account	Variable	250,000	4.75	5,937.50	Others
SAGA	SAGA	Saga Easy Access Savings Account	Variable	100,000	4.75	2,375.00	Others
UBL UK	UBL UK	Raisin UK - High Saver Easy Access Account	Variable	85,000	4.75	2,018.75	High Street Banks
Kroo Bank Ltd	Kroo Bank Ltd	Raisin UK - Easy Access Account	Variable	85,000	4.72	2,006.00
Oaknorth Bank	Oaknorth Bank	HL Active Savings - Easy Access Account	Variable	85,000	4.72	2,006.00	Challenger Banks
Allica Bank	Allica Bank	HL Active Savings - Easy Access Account	Variable	250,000	4.71	5,887.50
Investec Bank Plc	Investec Bank Plc	Online Flexi Saver	Variable	250,000	4.70	5,875.00	Others
Shawbrook Bank	Shawbrook Bank	Easy Access Issue 38	Variable	85,000	4.70	1,997.50	Challenger Banks
Brown Shipley	Brown Shipley	Raisin UK - Easy Access Account	Variable	85,000	4.67	1,984.75	Others
Cambridge BS	Cambridge BS	Your Saver	Variable	2,000,000	4.65	46,500.00	Building Societies
Furness BS	Furness BS	Raisin UK - Limited Edition Easy Access Account	Variable	85,000	4.65	1,976.25	Building Societies
Tandem Bank	Tandem Bank	Instant Access Savings Account	Variable	250,000	4.65	5,812.50	Digital Banks
LHV Bank	LHV Bank	Raisin UK - Easy Access Account	Variable	85,000	4.65	1,976.25
Monzo Bank	Monzo Bank	Easy Access Savings Pot (powered by Investec)	Variable	250,000	4.63	5,787.50
Chorley BS	Chorley BS	Easy Access Saver (2 Withdrawals)	Variable	500,000	4.60	11,500.00	Building Societies
Ford Money	Ford Money	Flexible Saver	Variable	2,000,000	4.60	46,000.00	Others
Tipton & Coseley BS	Tipton & Coseley BS	Double Access Saver	Variable	100,000	4.60	2,300.00	Building Societies
Coventry BS	Coventry BS	Triple Access Saver (3)	Variable	250,000	4.58	5,725.00	Building Societies
Buckinghamshire BS	Buckinghamshire BS	Single Access Saver	Variable	500,000	4.55	11,375.00	Building Societies
Zopa	Zopa	Smart Saver	Variable	250,000	4.54	5,675.00	Digital Banks
Newcastle BS	Newcastle BS	Newcastle Double Access Saver (Issue 3)	Variable	250,000	4.50	5,625.00	Building Societies
Sainsbury's Bank	Sainsbury's Bank	Bonus Websaver	Variable	0	4.40	0.00	Supermarket Banks
Earl Shilton BS	Earl Shilton BS	Progress Account	Variable	180,000	4.35	3,915.00	Building Societies
Ifast Global Bank	Ifast Global Bank	Multi-Currency Account	Variable	0	4.25	0.00
Nationwide	Nationwide	1 Year Triple Access Online Saver 15	Variable	5,000,000	4.25	106,250.00	Building Societies
Dudley BS	Dudley BS	Easy Access Saver Issue 5	Variable	500,000	4.25	10,625.00	Building Societies
Melton BS	Melton BS	Limited Access Saver	Variable	500,000	4.25	10,625.00	Building Societies
Plum	Plum	Easy Access Interest Pocket - Premium	Variable	0	4.21	0.00	Savings Apps
Halifax	Halifax	Reward Bonus Saver	Variable	9,000,000	4.20	189,000.00	High Street Banks
Loughborough BS	Loughborough BS	Access X3	Variable	250,000	4.15	5,187.50	Building Societies
Atom Bank	Atom Bank	Instant Saver	Variable	100,000	4.11	2,055.00	Digital Banks
Cahoot	Cahoot	cahoot Simple Saver (Issue 3)	Variable	2,000,000	4.10	41,000.00	Digital Banks
Chase	Chase	The Chase Saver Account	Variable	500,000	4.10	10,250.00	Digital Banks
The Co-operative Bank	The Co-operative Bank	Select Access Saver 2	Variable	1,000,000	4.09	20,450.00	High Street Banks
Al Rayan Bank	Al Rayan Bank	Everyday Saver (Issue 3)	Variable	1,000,000	4.00	20,000.00	Others
RBS	RBS	Advantage Saver	Variable	9,000,000	4.00	180,000.00	High Street Banks
First Direct	First Direct	Bonus Savings Account	Variable	0	4.00	0.00	Digital Banks
HSBC	HSBC	Online Bonus Saver	Variable	0	4.00	0.00	High Street Banks
Lloyds Bank	Lloyds Bank	Club Lloyds Advantage Saver	Variable	9,000,000	4.00	180,000.00	High Street Banks
Moneybox	Moneybox	Simple Saver Account (powered by Santander)	Variable	85,000	4.00	1,700.00	Savings Apps
Nottingham BS	Nottingham BS	Four Access Saver	Variable	750,000	3.90	14,625.00	Building Societies

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Checkbox Row

High Street Banks Only:

Bank	AER (%)	Account	Bank	Account Type	Max Deposit (Yearly)	Max Interest	Bank Type
Updated on 2024-04-06	99.00
The Co-operative Bank	7.00	Regular Saver Issue 1	The Co-operative Bank	Regular Savings	3,000	105.00	High Street Banks
First Direct	7.00	Regular Saver Account	First Direct	Regular Savings	3,600	126.00	Digital Banks
Nationwide	6.50	Flex Regular Saver Issue 3	Nationwide	Regular Savings	2,400	78.00	Building Societies
Lloyds Bank	6.25	Club Lloyds Monthly Saver	Lloyds Bank	Regular Savings	4,800	150.00	High Street Banks
Royal Bank Of Scotland	6.17	Digital Regular Saver	Royal Bank Of Scotland	Regular Savings	1,800	55.53	High Street Banks
Natwest	6.17	Digital Regular Saver	Natwest	Regular Savings	1,800	55.53	High Street Banks
TSB	6.00	Monthly Saver	TSB	Regular Savings	3,000	90.00	High Street Banks
West Brom Building Society	6.00	Fixed Rate Regular Saver (Issue 7)	West Brom Building Society	Regular Savings	3,000	90.00	Building Societies
Bank Of Scotland	5.50	Monthly Saver	Bank Of Scotland	Regular Savings	3,000	82.50	High Street Banks
Halifax	5.50	Regular Saver	Halifax	Regular Savings	3,000	82.50	High Street Banks
Principality Building Society	5.50	1 Year Regular Saver Bond (Issue 33)	Principality Building Society	Regular Savings	3,000	82.50	Building Societies
Gatehouse Bank	5.30	Regular Saver Account (Issue 2)	Gatehouse Bank	Regular Savings	3,600	95.40	Islamic Banks
Yorkshire Building Society	5.25	Regular Saver	Yorkshire Building Society	Regular Savings	3,000	78.75	Building Societies
Aldermore	5.25	Regular Saver Account Issue 1	Aldermore	Regular Savings	3,600	94.50	Challenger Banks
Leeds Building Society	5.25	Regular Saver (Issue 51)	Leeds Building Society	Regular Savings	3,000	78.75	Building Societies
Hinckley & Rugby Building Society	5.25	Regular Saver 30 Day Notice Account	Hinckley & Rugby Building Society	Regular Savings	6,000	157.50	Building Societies
The Stafford Building Society	5.15	Regular Saver - Issue 1	The Stafford Building Society	Regular Savings	12,000	309.00	Building Societies
Chorley Building Society	5.15	Regular Saver (31.03.2025)	Chorley Building Society	Regular Savings	3,600	92.70	Building Societies
Kent Reliance	5.10	One Year Regular Savings Account - Issue 12	Kent Reliance	Regular Savings	6,000	153.00	Building Societies
Coventry Building Society	5.05	First Home Saver (2)	Coventry Building Society	Regular Savings	12,000	303.00	Building Societies
HSBC	5.00	Regular Saver	HSBC	Regular Savings	3,000	75.00	High Street Banks
Loughborough Building Society	5.00	One Year Fixed Rate Monthly Saver	Loughborough Building Society	Regular Savings	6,000	150.00	Building Societies
Bath Building Society	4.89	Homestart Regular Saver	Bath Building Society	Regular Savings	3,000	73.35	Building Societies
Furness Building Society	4.75	1 Year Regular Saver (Issue 5)	Furness Building Society	Regular Savings	3,000	71.25	Building Societies
Monmouthshire Building Society	4.75	Regular Saver - Issue 3	Monmouthshire Building Society	Regular Savings	3,600	85.50	Building Societies
Earl Shilton Building Society	4.60	Regular Monthly Saver	Earl Shilton Building Society	Regular Savings	12,000	276.00	Building Societies
Mansfield Building Society	4.50	Regular eSaver 30 (1st Issue)	Mansfield Building Society	Regular Savings	6,000	135.00	Building Societies
Dudley Building Society	4.40	One Year Regular Saver Online Issue 3	Dudley Building Society	Regular Savings	10,200	224.40	Building Societies
Beverley Building Society	4.25	Monthly Savings	Beverley Building Society	Regular Savings	24,000	510.00	Building Societies
Ecology Building Society	4.25	Regular Savings	Ecology Building Society	Regular Savings	3,000	63.75	Building Societies
Newbury Building Society	4.25	Home Saver	Newbury Building Society	Regular Savings	6,000	127.50	Building Societies
Buckinghamshire Building Society	4.10	Regular Saver	Buckinghamshire Building Society	Regular Savings	12,000	246.00	Building Societies
Virgin Money	3.00	Home Buying Coach Regular Saver Issue 23	Virgin Money	Regular Savings	3,000	45.00	High Street Banks
Hanley Economic Building Society	2.20	Branch Regular Saver	Hanley Economic Building Society	Regular Savings	6,000	66.00	Building Societies

In case you were wondering, I don’t work for any of these banks. And I am not a financial adviser. I just like looking after my finances – be it discounts, freebies or savings. Most of what I know came from my own experience digging myself out of debt. This was with the help of Martin Lewis and MoneySavingExpert, before that website became a mouthpiece for Money Supermarket. Nowadays, you get better financial self-help information on Reddit and mostly the UKPersonalFinance subreddit, r/UKPersonalFinance. But on the r/beermoneyuk subreddit, we also try to also spreads some financial wisdom. I didn’t make this page with the intent of making money, but if you sign up with my Monzo link above (marked with a star), then we will both get a £5 bonus. I’ll get an instant notification if this happens (because Monzo rocks), and will buy myself some mint creams as a treat.

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Make the most of the best bank accounts in the UK.

Get perks and boost your savings with best bank accounts in the UK

Scrimpr's Bank Accounts & Savings Apps

Savings

App

Chip

High interest instant access savings account

Neobank

Kroo Current Account

The highest interest current account.

Highstreet

Bank

Nationwide FlexPlus Account

My joint account (insurance for both of us)

Neobank

Monzo Current Account

My pocket money account*

Neobank

Chase

My cashback debit card

Highstreet

Bank

Natwest

Free rewards, plus where my mortagage is

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