Banks · checked 9 November 2026
What banks pay you right now
Facts, not recommendations. We aren’t paid by any bank and we don’t rank by who pays us. Rates and offers change often — checked 9 November 2026. Always read the provider’s terms before you open or switch an account.
Easy-access savings rates
Interest over a year if the rate stayed the same. “After inflation” compares it with CPI at 3.5%.
| Provider | Account | AER | Interest in a year | After inflation |
|---|---|---|---|---|
| Family Building Society Market reference | Top easy-access rate, no bonus | 4.56% | — | — |
| Chase Online | Chase Saver (boosted) intro rate | 4.50% | — | — |
| Starling Online | Easy Saver intro rate | 4.00% | — | — |
| Monzo Online | Instant Access Savings | 2.80% | — | — |
| Nationwide Building society | Flex Instant Saver | 2.30% | — | — |
| Santander High street | Easy Access Saver (Issue 31) | 2.00% | — | — |
| HSBC High street | Flexible Saver | 1.05% | — | — |
| Barclays High street | Everyday Saver | 1.00% | — | — |
| NatWest High street | Flexible Saver | 1.00% | — | — |
| Lloyds High street | Easy Saver | 0.75% | — | — |
| Revolut Online | Instant Access Savings | 3.40%–4.00% | — | — |
Intro rates drop after the bonus period (6–12 months). Some rates apply only up to a limit, or need that bank’s current account. Tap a provider for the details.
TL;DRThe same savings can earn four to six times more at one bank than another — with exactly the same protection.
Who pays you to switch
| Bank | Bonus | What you have to do |
|---|---|---|
| Barclays | Up to £300 | £150 when you switch with three direct debits and pay in £2,000 within 30 days, then £30 a month for up to five months if you make 10+ debit card payments a month. |
| Santander | £240 | Switch to the Everyday account within 60 days, pay in £1,500, keep two active direct debits and pay £200 into a Regular Saver. Which? reports both £200 and £240 wording, so check Santander’s terms. |
| HSBC | £220 | Full switch in the app; within 60 days set up two direct debits, pay in £2,000 and spend £500 on your debit card. |
| NatWest | £200 | Full switch to Select or Reward; within 60 days pay in £1,250 and log in to the app. Not if you’ve had a NatWest Group switching bonus before. |
| Lloyds | £200 | Full switch to Club Lloyds, Silver, Platinum or Premier with three direct debits. Start the switch by 9 December 2026. |
| Nationwide | £175 | Switch from a non-Nationwide account with at least two direct debits, pay in £1,000 and make one debit card payment within 31 days. |
| First Direct | £175 | Switch at least two direct debits or standing orders, deposit £1,000 within 30 days and log in to digital banking. Not for HSBC current account holders since 2018. |
Switching uses the free Current Account Switch Service (CASS): your payments and direct debits move across in 7 working days.
TL;DRSome banks pay £175–£300 to move your current account to them. You only get it if you meet every condition.
TL;DRUp to £120,000 is safe per person at each UK-licensed bank — online or high street, it’s the same.
Your 5-minute move
Check your own rate
Open your banking app and find the AER on your savings. If it’s under 3.5%, inflation is outpacing it.
- Moneyfacts — Easy access savings accounts — rates at 6 November 2026
- Which? — Best bank account switching deals, November 2026 — published 4 November 2026
- Bank of England — FSCS deposit limit increased to £120,000 — from 1 December 2025
- Chase — Boosted saver — checked 9 November 2026
- Starling — Easy Saver — checked 9 November 2026
- Monzo — Savings and ISAs
- DepositScout — Monzo Instant Access Savings — checked November 2026
- DepositScout — Revolut gets its full UK banking licence — 13 March 2026
- Nationwide — Flex Instant Saver — checked 9 November 2026
- Santander — Savings interest rates (October 2026)
- HSBC — Flexible Saver — checked 9 November 2026
- Barclays — Everyday Saver
- DepositScout — Barclays Everyday Saver — checked November 2026
- DepositScout — NatWest Flexible Saver — checked October 2026
- Lloyds — Easy Saver — checked 9 November 2026