Money home
Best Instant access savings
With the base rate at a record low, it has never been more important to shop around to get the best returns on your hard-earned savings.
Instant access only accounts
| Company | Package Name | Interest Rate (AER) | Notice Period | Minimum Balance | Interest Paid | Account Access |
|---|
Savings search |
Related guides & toolsRead our latest savings consumer guides. |
Top savings tips...We give our top tips for finding the best savings account...
|
What are instant access savings accounts?
Instant access savings accounts allow you to withdraw funds on demand.
What are the benefits of an instant access savings account?
Instant access savings give you immediate access to your money without having to go through the usual channels associated with standard savings accounts.
It’s a good idea to maintain a financial reserve in an instant access savings account, just in case of emergencies.
What else should I know about Instant Access Savings?
- It’s important to understand how interest is charged and earned, for some accounts you will not earn interest in any month that you make a withdrawal.
- If you have a large lump sum to invest it may be a better idea to invest some in bonds of notice accounts, as you may be able to gain a higher level of interest.
- Remember, even though it is an instant access account, it may still take 3 business days to transfer funds between accounts if they are with different banks.
For more information on which account to choose read our guide to ISA vs standard savings accounts, or our 10 tips to a better savings.
What our users say
"This is a good website. It's easy to use and has good information on a wide range of subjects."
"It's really helpful to have regular and up-to-date information on the best financial deals around. As a pensioner I have the time if not the money so I need to get the best that I can…"
Creditchoices.co.uk was launched in 2005 and provides a wide range of articles to help you understand personal finance.
Whatever your needs, Creditchoices.co.uk will have articles to help you understand the finer points of mortgages, loans, credit cards and current accounts.
Creditchoices.co.uk is part of the Consumerchoices.co.uk group of websites. Consumerchoices.co.uk provides news, guides and expert articles to help customers save money on all their household bills, from home phone and broadband to gas and electricity.