Last reviewed: June 2026
Best easy access savings accounts UK -- June 2026
- Best easy access rate: Trading 212 Cash ISA / Chip -- 5.10% AER (variable)
- Best established bank rate: Marcus by Goldman Sachs -- 4.75% AER (variable, no notice)
- Best high street rate: Nationwide FlexSaver -- 4.25% AER
- Easy access accounts pay variable rates -- the Bank of England base rate (4.25% in June 2026) directly influences them.
- All accounts listed are FSCS-protected up to £85,000 per FCA-authorised institution.
Rates sourced from provider websites June 2026. Variable rates can change at any time. Not financial advice.
| By Chandraketu Tripathi | Updated April 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Easy access savings accounts let you deposit and withdraw money at any time without penalty — making them ideal for emergency funds and short-term savings. In April 2026, the best easy access rates reach approximately 4.5-5% AER, significantly above the 0.1-0.5% offered by most high street bank savings accounts. The Bank of England base rate of 4.50% means competitive providers pass through most of this rate. This guide compares the best easy access savings rates available in April 2026. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Key Facts 2026 Best easy access rate April 2026: up to ~4.5-5% AER | BoE base rate: 4.50% | High street bank rates: 0.1-1% AER — avoid | FSCS protection: £85,000 per authorised institution | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Best Easy Access Savings Accounts UK April 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Easy Access vs Fixed Rate Savings UK — Which to Choose? | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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How to Get the Best Easy Access Rate UK | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Frequently Asked QuestionsWhat is the best easy access savings account UK 2026? The best easy access savings rates in April 2026 reach approximately 4.75-5% AER from providers including Chip, Cynergy Bank, Plum, and Monument Bank. Rates change frequently as they track the Bank of England base rate. Always check current rates on MoneySavingExpert or Moneyfacts before opening an account. Trading 212 Cash ISA also offers competitive rates within an ISA wrapper for tax-free interest. Is my money safe in an easy access savings account UK? Yes — deposits in UK-authorised banks and building societies are protected up to £85,000 per institution by the Financial Services Compensation Scheme (FSCS). This means if the bank fails, you get your money back up to £85,000. If you have more than £85,000 to save, spread it across multiple FSCS-protected institutions. With fintech apps (Chip, Plum), check the underlying bank that holds your funds — they are FSCS-protected via their partner banks. Will easy access savings rates fall UK? Easy access savings rates track the Bank of England base rate. With the base rate at 4.50% in March 2026, most forecasters expect gradual cuts through 2026-2027 as inflation moderates. If the base rate falls, easy access savings rates are likely to follow. If you want to lock in current rates, consider a 1-2 year fixed rate bond, which guarantees the rate for the full term regardless of what happens to the base rate. Should I use a Cash ISA or savings account UK? If your total savings interest in a tax year exceeds your Personal Savings Allowance (£1,000 for basic rate taxpayers; £500 for higher rate taxpayers), a Cash ISA is better as interest is tax-free. For most people with savings under £20,000-30,000 at current rates, standard easy access accounts and Cash ISAs offer similar rates, so the ISA wrapper becomes more valuable as your savings grow. Higher rate taxpayers should prioritise ISAs earlier. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Sources: Bank of England, MoneySavingExpert, Moneyfacts, Chip, Cynergy Bank, Shawbrook, Marcus, FSCS, Which?. Always compare. April 2026. |
