Regular savings accounts can be a good way to build up a savings pot and get into the habit of tucking money away. They allow savers to put away smaller amounts, in some cases up to £300 a month, and offer a high headline interest rate. Here are five of the best.
Savers' cash pots have been eroded over the last two years by high inflation, but now 1,364 savings accounts paying an inflation-beating rate.
This is Money's best cash Isa tables are updated as new deals arrive and highlight the top easy access and fixed rate Isas from banks and building societies.
The leading providers in our cash Isa tables have all been using unorthodox methods to put themselves ahead of the pack, with short three-month bonuses that are often changed multiple times a day. We aren't big fans of this short-term bonus bonanza but if you play your cards right, you can bag a good deal from it.
Saving and investing apps like Plum, Moneybox and Trading 212 have the top cash Isa rates - but they are not licensed banks. Savers flocking to these deals should be aware of another important factor when it comes to choosing an Isa, that shouldn't be overlooked for all the flashier appeals - and that is Financial Services Compensation Scheme (FSCS) protection. We explain how your money is protected.
My branch said I couldn't take out more than £1,000, even if I showed my passport. Why?
The bank has axed fees on foreign currency transactions and cash withdrawals on several of its accounts.
I opened Cynergy Bank's two-year fixed-rate cash Isa with a rate of 4.44% on 5 April, the last day of the 2024-25 tax year. Does this mean I have effectively used up my £20,000 allowance for the 2025-26 tax year too, as I can't put any more money in?
Britain's biggest mutual will dish out over £600million to members as part of the 'Big Nationwide Thank You' following its takeover of Virgin Money.
Trump's tariffs could be bad news for savers, who have been making the most of higher interest rates to bulk up their rainy day funds.
We break down recent DWP figures which show just how much Britons have saved - and the number of people with nothing to fall back on. It reveals how many people have more than £500,000 salted away and just how popular Premium Bonds are with different age groups.
If you save in a cash Isa rather than a normal savings account, your interest isn't taxed - and that translates into more money for you.
The Spring Statement revealed National Savings & Investments has been tasked with bringing in more money for the Government this year.
A Premium Bonds holder from Hereford and Worcester has won £50,000 from a holding of just £300, latest draw data for April 2025 reveals. The bond was purchased in February 2010 and it comes as the underlying rate for Premium Bonds dropped to 3.8 per cent for this latest draw, its lowest level since July 2023.
The average contactless purchase was for £16.10 and the average person used the technology 236 times last year, according to Barclays.
The appetite for cash Isa saving made up the majority of the £4.3bn increase seen from January to February.
The limit is the maximum amount of money the FSCS will protect if an account-holder's bank, building society or credit union becomes insolvent. The limit has been set at £85,000 since 2017. The PRA said the increase takes into account the effects of inflation since the last changed. Based on inflation figures, the value of £85,000 in 2017 is now equivalent to around £111,500.
While the average 45 to 60 year old has £34,114 in savings, almost half said owning stocks and shares was 'too risky'.
The Treasury said reforms will aim to 'get the balance right between cash and equities to earn better returns for savers and boost the culture of retail investment.'
NS&I has revealed a bumper net financing target of £12bn, which means it is looking to rake in more saver cash than the year before. But savings expert James Blower says it's more likely Premium Bonds and Income Bonds will be cut, rather than be boosted in the coming months.
There are plenty of new accounts with rate increases popping up, but many of these now come with a bonus - which only lasts three months.
Whether you're saving for the holiday of a lifetime or a retirement that's still decades off, Isas are an ideal place to build up a nest egg.
Some 37 per cent of people said they have moved money between accounts in the past three months, with 31 per cent having moved £10,000 or more out of an instant access or notice account.
Only 59% of young people have enough emergency savings to cover the recommended three months of their salary, data shows.
When retired restaurateur Adrian Cox was invited with his wife Christine to a family wedding in Italy next year, he decided to open a savings account.
One in three people over the age of 60 say that services such as banking being online has made their life harder than it was five years ago, according to Age UK. A poll carried out by the charity found that 53% of older people felt frustrated when they were asked to access services - not only financial, but also things like booking a doctor's appointment - online, instead of in person or on the phone.
Britain's biggest building society, led by Debbie Crosbie (pictured), is making the £600m payout following its takeover of Virgin Money.
There is every possibility that Rachel Reeves will let the furore die down - and then announce an assault.
Burbank has this week launched a world-first online card payment technology known as 'Card Present over Internet' or CPoI. The payment method allows users to tap their payment card against their mobile phone and enter their Pin to make a payment, in the same way payments are made in shops .
The cash Isa battle is heating up again this week with several providers hiking their rates. Trading 212 has increased its cash Isa rate to 5.02 per cent.
It is offering new and existing customers £150 if they switch their current account to its reward account, which comes with perks including a generous rate.
Chancellor Rachel Reeves (pictured) was considering reducing how much can be saved - possibly from £20,000 a year to just £4,000. Building societies are urging the Chancellor, who wants more savers to invest in shares, to rule out cash Isa cuts, which they say will mean pricier mortgages.
The easy access Isa includes a 1.21% bonus rate fixed for three months, meaning that the rate will eventually drop down to 3.8% once the bonus period is up.
Rachel Reeves had discussed making changes or even scrapping cash Isas to push more savers into investing to boost UK markets and the economy.
Perhaps even less expected than the success seen by the GTA franchise, is that its original creators now find themselves swapping in-game sports cars and submachine guns for panels on personal finance.
Our job is to protect cash for as long as people need it, but it's important we don't simply protect cash for cash's sake, says Link CEO John Howells.
The value of withdrawals has dropped in every area of the country since the 2020 - but some areas are ditching cash at a much faster rate than others.
If I ask you to do one thing this week it's to make the essential check on the interest rate of your savings account to make sure it is still fit for purpose. That's because rates on easy access accounts - both cash Isas and standard - have been on the move. Some providers have been cutting rates following last month's cut by the Bank of England.
The £50 payments linked to the Virgin Money acquisition will be made next month from 9 April, Nationwide said.
Kensington has a new coffee shop. But what's different about this one is that it's a bank branch with a café attached… or should that be a café with bank branch attached?
A major bank is set to pay £12.5million in compensation after IT outages left millions of customers unable to access their bank accounts. Nine of the UK's biggest banks suffered outages lasting 803 hours over the last two years, amounting to more than a month's worth of failures.
How much money can you take out from your bank at the counter? And can you just turn up to your bank to take it out or do you need to call ahead and give notice?
Santander has told customers it will stop sending text message alerts notifying them of account changes from 12 May.
Chase will ovehaul its popular cashback deal from 7 April. Customers will only be able to earn 1% cashback on UK spending made in sterling. In addition, customers will also only be able to get the cashback on purchases if they fall across three categories - groceries, everyday transport and fuel.
Britain's biggest building society offered a heavy hint to members on Monday that it will once again offer a £100 Fairer Share payment.
Providers hope you will be pulled in by an enticing rate - often northwards of 5% - without looking at what hoops you must jump through to earn it.
A Premium Bonds holder has scooped a £1m prize with a holding of just £100 in the March 2025 draw. This is the second smallest holding ever to win a £1million prize in the Premium Bonds prize draw. In 2004 a £1m jackpot winner from Newham in London won with a mere £17 in Premium Bonds which they purchased in February 1959.
From 31 March, you will no longer be able to get £175 if you are switching your bank account to a Nationwide FlexPlus, FlexDirect or FlexAccount current account.
Richard Fearon, chief executive of Leeds Building Society, also said hundreds of customers had raised concerns that the tax-free savings limit will be slashed.
An investment platform is offering a market leading savings deal with FSCS backing from OakNorth Bank. Sidekick is offering its customers the chance to earn up to 4.84 per cent on easy-access savings. It means someone stashing £10,000 in the account could potentially make up to £484 in interest over the course of one year, albeit if the rate remains the same.
Today there has been a bank outage which has hit Lloyds, Halifax, Nationwide, First Direct and TSB.
Savvy savers have long used major banks' generous switching offers to cash in and it is easier than ever thanks to the Current Account Switching Service (Cass).
The market for savings products is a bit more nuanced at the moment - and requires a different tactic to earn the most interest over the long term. That is because hundreds of thousands of savers who are coming off a one-year fixed-rate Isa in the next couple of months face a stark choice.
Slashing cash Isa tax relief won't create an investment culture, tackling the real barriers to investing will, says Carol Knight, of The Investing and Saving Alliance
Nationwide is yet to release details of its 2025 scheme, but for the last couple of years, certain eligibility criteria have applied.
We pick our five favourite cash Isas for savers. This is essential Isa reading and is kept up-to-date throughout the year
The cash Isa battle is heating up again this week with two providers boosting their rates on their easy-access cash Isas to top the best buy list, while another drops their rate. Which is the best deal and what are the catches you need to look out for?
The Chancellor discussed with leading City firms how to create more of an investment culture in the UK in an indication that she could make changes to the tax-free savings accounts.
After a brief period of seven months where returns on cash Isas beat inflation, they have fallen back into negative territory, according to Quilter.
National Savings and Investments will cut the underlying rate of Premium Bonds to 3.8% from the April draw. The odds remain at 22,000 to 1, but it means there will be four fewer £100,000 prizes from April, down from 82 to 78. However, it has boosted its Direct Isa to 3.5%.
Lloyds bank may have just launched one of the best current account switching offers of the year.
The poll comes after financial firms called on the Chancellor to cut tax breaks for cash Isa savers.
Work out how a lump sum or regular monthly savings would grow
At This is Money, we respect the Individual Savings Account so much that we choose not to cap up its acronym - for us, it's an Isa (not ISA). Why? According to our style guide it's because it's an acronym you can say, but for Isa it goes beyond that. It is such an important and powerful financial planning tool, embedded in our nation's savings philosophy, the Isa has become part of everyday language.
I have built up a large cash Isa pot over a number of years and currently have around £254,000 saved. Would I be correct that they cannot tax me as it's already been in an Isa?
A major bank is cutting its standard easy-access savings rate to just 1.26 per cent to heap further misery on savers.
Savers - I urge you to check the interest rates on your easy-access accounts constantly in the coming weeks, but don't necessarily switch yet. Banks and building societies are cutting rates to pass on the drop in the Bank of England base rate from 4.75% to 4.5% last Thursday.
Nearly 2.4m fixed rate savings accounts are set to end in the next three months, according to analysis by Paragon Bank.
Lloyds, NatWest and Barclays made £30 billion between them last year by exploiting the gap between the rates for savers and borrowers, City experts say.
In a meeting with the Rachel Reeves last week, city bosses called on the Chancellor to cut tax breaks for cash Isa savers. Financial firms claim that the £300bn held in cash Isas could be put to better use if savers instead held their money in stocks and shares Isas.
A new best buy easy-access savings account was launched by Coventry Building Society this week.
Nationwide says fewer than 2% of its members use physical notebooks in which deposits and withdrawals are recorded when made at a counter.
| Prize | Area | Value of bond |
| £1,000,000 | South Yorkshire | £20,000 |
| £1,000,000 | Hertfordshire | £30,000 |
| £100,000 | Kent | £10,000 |
| £100,000 | Sheffield | £11,900 |
| £100,000 | Outer London | £50,000 |
| £100,000 | Inner London | £9,000 |
| £100,000 | Shropshire | £10,000 |
| £100,000 | Cambridgeshire | £3,000 |
Starling Bank customers will need to make a change to their current account if they want to keep earning interest on their balances. As we revealed last year, Starling is making changes to its interest payments.
A Premium Bonds holder has scooped a £100,000 prize with a holding of just £100 in the February 2025 draw.
I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?
Savers who can lock away cash are being urged to consider moving some of their money to a fixed rate account, to guard against coming interest rate cuts. While the strategy won't be right for everyone, those who don't need immediate access to all of their cash could benefit from making the switch.
Figures from the Current Account Switch Service reveal there were nearly 1.2m switches last year, with 309,290 in the last three months of the year.
Money app Moneybox hiked its cash Isa rate for the second time in a month and now offers 5.11%, while Trading 212 now pays 5.12%.
The secret to saving success is compound interest. Over the long-term this earns you interest on the interest on your savings and boosts your returns. This calculator works out how much a regular monthly savings scheme could make and how much a lump sum investment could be worth.
How hard does your bank account work for you? Hard enough to give you cashback on your household bills, interest on your balance or simply standout customer service? Here is our pick of the best accounts to make your money work harder, cut down on fees, or get free stuff.
A new wave of savings platforms have emerged in recent years which help savers keep track of their accounts more easily and move money into better rates after signing up. We round them up, look at the top rates from savings platform Raisin and reveal whether they beat the best buys in our independent This is Money savings tables.
| Prize | Area | Value of bond |
| £1,000,000 | South Yorkshire | £20,000 |
| £1,000,000 | Hertfordshire | £30,000 |
| £100,000 | Kent | £10,000 |
| £100,000 | Sheffield | £11,900 |
| £100,000 | Outer London | £50,000 |
| £100,000 | Inner London | £9,000 |
| £100,000 | Shropshire | £10,000 |
| £100,000 | Cambridgeshire | £3,000 |
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