Savings Accounts

You must act NOW to get the top-paying rate on an easy-access savings account, MoneySavingExpert founder Martin Lewis has urged. Santander's best buy account offers 5.2% interest, but it will be axed to new customers after 11.59pm tonight. Martin explains everything you need to know in his latest video. 

NS&I will increase its Premium Bond prize-fund rate to 4.65% from 4% for its September 2023 draw and beyond, with an extra £66 million in prizes up for grabs. This latest increase – the eighth we've seen in just over a year – is to the highest rate since March 1999. The odds of winning will also increase from 22,000 to one to 21,000 to one.

NS&I will increase its Premium Bond prize-fund rate to 4% from 3.7% for its August 2023 draw and beyond, with an extra £30 million in prizes up for grabs. This latest increase – the seventh we've seen in just over a year – is to the highest rate since 2007. The odds of winning will also increase from 24,000 to one to 22,000 to one. 

The Bank of England has increased the base rate from 4.5% to 5% – taking it to its highest level since the 2008 financial crisis. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.

NS&I will increase its Premium Bond prize-fund rate to 3.7% from 3.3% for its July 2023 draw and beyond, with an extra £39 million in higher-value prizes up for grabs. This latest increase – the sixth we've seen in just over a year – is to the highest rate in 15 years. The odds of winning will remain the same at 24,000 to one, but there will more prizes between £50 and £100,000 available.

You can now earn 4.25% on your savings with Staffordshire-based Hanley Economic Building Society's new account. It's the highest easy-access rate in 14 years - since January 2009 - and it overtakes the previous top rate of 3.71%. However, you can only open the account by post or in branch.

If you've got a Marcus easy-access savings account or cash ISA, you can boost your interest rate to 3.3% in seconds by activating its new 0.34% bonus. It's a no-brainer for those who don't want to switch, though you can get even better returns elsewhere.

NS&I will increase its Premium Bond prize-fund rate to 3.3% from 3.15% for its March 2023 draw and beyond, with an extra £15 million in higher-value prizes up for grabs. The odds of winning will remain the same at 24,000-to-one, but there will more prizes between £50 and £100,000 available.

NS&I will increase its Premium Bond prize-fund rate to 3.15% from 3% for its February 2023 draw and beyond, with an extra £15 million in higher-value prizes up for grabs. The odds of winning will remain the same at 24,000-to-one, but there will more prizes between £50 and £100,000 available.

Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.