Internet Savings Accounts

Internet savings Accounts

If you are happy to bank online, you could get a great deal with an internet savings account. Our best buy tables help you find the juiciest offers…



Instant access only accounts

CompanyPackage NameInterest Rate (AER)Notice PeriodMinimum BalanceInterest PaidAccount Access 
Online Saver Account2.75%Instant£1000AnnuallyOnline
Post Office Instant Saver2.10%Instant£500AnnuallyPhone, Branch, Post and Online
e-SAVER Issue 32.40%Instant£1AnnuallyOnline
Santander eSavers Direct2.50%Instant£1AnnuallyOnline
e-Saver Account1.84%Instant£1MonthlyOnline

What are internet only savings Accounts?

These are savings accounts managed exclusively online, and you usually have limited access to bank branches and ATM machines.

What are the benefits of Internet Only Savings Accounts?

You receive a higher level of interest compared to standard savings accounts in return for subjecting the banks to fewer costs.

Moving money between accounts via the internet is often easier than it would be in branch.

What else should I know about Internet Only Accounts?


  • Only apply for this type of account if you have constant and easy access to the internet, and preferably if you already bank online.
  • Security is paramount. Ensure that you have an alpha-numerical password and never write this password down. It’s good practice to change your password regularly.
  • Always read and understand the small print for each account. Some accounts will not allow you to earn interest during a month that you make a withdrawal.

For more information on savings accounts read our tips on how to supersize your savings, or read our guide to the difference between ISAs and standard savings accounts.

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