The best easy access savings accounts offer flexible withdrawals and competitive interest rates. For the highest rates with easy access, Chase Boosted Saver currently provides 5% interest for new customers (with a linked Chase current account) and unlimited withdrawals. Trading 212's cash ISA is also a strong option with 4.82% interest including a 12-month newbies-only bonus, along with unlimited access. Other good accounts include Atom Bank at 4.6% (with rate reductions if you withdraw), and Secure Trust Bank at 4.45%, both allowing unlimited withdrawals. Most of these accounts offer full protection on savings up to £85,000 per person per institution. Cash ISAs provide tax-free interest on up to £20,000 per year, making them especially advantageous for those paying tax on interest. Interest payment frequency varies by account, with options for monthly or annual payouts. When picking an account, consider whether you want monthly interest access, fixed vs. variable rates, and any withdrawal limits or rate bonuses that may apply. It is advisable to switch accounts if your rate drops to continue earning the best returns on your accessible savings.
In summary, for easy access savings with the best rates:
- Chase Boosted Saver: 5% (new customers, linked account required)
- Trading 212 Cash ISA: 4.82% (unlimited withdrawals, tax-free)
- Atom Bank: 4.6% (rate reduces if you withdraw)
- Secure Trust Bank: 4.45% (unlimited withdrawals)
All offer easy withdrawal capability and are protected up to £85,000. Choosing among them depends on your tax situation, desire for fixed or variable rates, and how often you plan to access the funds.
