Savings Accounts

If you've got a Chase account, check if you can boost your easy-access savings to 4.8% – made up of a 1.8% AER fixed six-month bonus plus its standard 3% variable rate. Chase says over 2 million customers can get the boost, which would top our normal savings tables if it were open to all, though it's beaten by the top easy-access cash ISAs.

NS&I has refreshed its range of fixed-term 'British Savings Bonds' by bringing back its one-year and five-year options and boosting rates. Its new deals are strong across the board, especially if you're looking to save with a well-known name – though you can earn a bit more from the top-paying accounts elsewhere.

For the past two years Nationwide has given some existing customers a £100 'Fairer Share' bonus. It’s likely, though not guaranteed, to do the same again this year. In previous years, the scheme has been announced in May and paid in June, though whether you got it depended on if you met the qualifying criteria in the first three months of the year – so you still have a bit of time left to maximise your chances.

If you took out Chase's popular boosted saver before 9 December 2024, your rate will drop from 4.5% to 3.5% after your boost comes to an end on Thursday 16 January. Chase will also cut the rates on ALL its savings by another 0.25 percentage points in February. The changes mean you can earn more on your savings elsewhere – though Chase is still worth keeping for its debit card cashback.

NS&I has refreshed its range of fixed-term 'British Savings Bonds' by adding a two-year and a five-year option, alongside its existing three-year bond. However, you can still earn more from the top-paying accounts elsewhere.

NS&I will cut its Premium Bond prize-fund rate to 4% from 4.15% for the January 2025 draw and beyond. But this rate was already lagging behind interest rates on standard savings accounts – so if you're a bondholder, you may want to consider moving your cash to an interest-paying account.

Chase has cut the rates on its linked savings accounts by 0.25 percentage points. As of Thursday 14 November, its easy-access 'boosted saver' now pays 4.5%, while its standard saver pays just 3.5%. The changes mean you can earn more on your savings elsewhere – though Chase is still worth keeping for its debit card perks.

Santander has cut the rate on its popular easy-access savings account – which paid 5.2% at launch – to 4% from today (Tuesday 1 October). Yet you can easily beat this new rate by switching elsewhere – which you're allowed to do without penalty.

You've just days left to grab Chase's temporary 5.1% easy-access savings deal, as the app-only bank has announced it'll stop offering the boosted rate to newbies after 11.59pm on Wednesday 17 July.