Compare easy access savings accounts

An easy access savings account lets you pay in and withdraw money whenever you like, usually with no penalty, making it a flexible home for savings you may need at short notice.

The trade-off for this flexibility is that the interest rate is variable and often a little lower than you would get by locking your money away in a fixed term bond.

Yes, easy access accounts usually pay a variable rate, which means the provider can change it at any time, either up or down, in response to wider interest rate moves.

It is a good habit to review your rate every so often, as some accounts include a temporary bonus that drops away after a year, leaving you on a lower underlying rate.