The top UK savings accounts for 2025

[@jjames11984]

Trading 212 is currently the best 👌

[@kyledyer8131]

Agree and they pay interest daily very good

[@MisterNumber6]

scam company

[@deltaechomusicnh555]

​@MisterNumber6 What are you on about? How is Trading 212 a scam you looney.

[@T11CVV]

@@MisterNumber6 can you explain why ?

[@IanMaclure-l1p]

As well as 4.97%. I particularly like the flexibility. You can put money in and take it out whenever you like. Also the usage of your ISA allowance goes down when you make a withdrawal

[@jimdavies]

7% regular saver is effectively 3.5% over the 12 months. The other accounts offer better rates if you have savings.

[@samjga]

If you leave the non-saved money in your current account for the period then this is true however if its either money you haven't earned yet or just sits in a normal savings account for that period then it's much higher. If for example, the money was in t212 at 4.9% and you gradually drip fed it over your average interest rate would be around 5.9%

[@jimdavies]

​@@samjgayou can only save using the regular amount for 12 months. You can't add money to it. The max you get for 12 months is £136.50 then it stops. Works out at just over 3.5%

[@samjga]

Hi @jimdavies I actually have this account and use it to cycle my savings through. For the time period they let you have it in there it is the best rate (%) that you can find but as you said, the issue is that they don't let you have it in there the full period. What I'm trying to say is that by combining it with another savings account can be what makes this lucrative for those already with savings

[@deltaechomusicnh555]

​@jimdavies The point he made was to drip feed into it monthly. I.e you initially keep the money in a high paying savings account like Trading 212 Cash ISA. And then every month, you take out say £300 and put it into the 7% interest account to maximise gains.

[@ed-vx4pu]

But you'll also be earning interest from your other account so if you drop feed it, you'll get more then just letting it akl sit in an easy access account, that's what he's saying.

[@LC-km9kp]

I have two regular savers accounts one ends in march and one ends in November then I start them all over again the one in march pays towards my yearly bills like house and car insurance the other one I use for Christmas presents etc any money left I put into a easy access account for emergency fund

[@BH-hr9tp]

CO OP also have a regular saver paying 7% max input £250 / month.

[@OH2023-cj9if]

So expect a 3.5% return for the total sum of money you pay in during the year.

[@slabbygabby]

​@@OH2023-cj9if thats not what you do you put 250 in there and the rest in a separate account

[@samjga]

​@OH2023-cj9if this is only the case if you're leaving the money in your current account for the rest of the time

[@sanchopanches]

😂 £250 X 12= £1500. So you gave away to bank robbers £1500 so that to get "profit" £105😂😂😂😂😂. What is £105 today? Two days food? British "saving account" is a permanent daylight robbery.

[@jct4294]

​@@sanchopanchesyour comment makes no sense at all. Would you rather have £0 profit? At least it's something 🙄

[@kaymilstead4374]

There is also the risk of devaluation of the currency if you hold too much in cash. The challenge is always knowing how much you expect to need in the short term.

[@yvettizhang7551]

Lloyds has the CLub monthly saver at 6.25% gross

[@Adam-lh7qz]

The Welsh bank Principality have digital regujlar savers aswell with 8% and 7% rates on £1125 and £200 deposits, one for six months and one for 12 months. they are fixed terms but the interest rate is attractive, better than it just sitting .

[@patelparth]

Chase uk and Trading 212 are best

[@Yasharahla7]

what is chase rate

[@naveenmessi2705]

How much does Chase offer? 1% only from what i remember.

[@uglyducklingako4989]

1% cash backs for any purchases (except for paying credit cards) in chase for the 1st year as new customer. 3.5% AER for each savings account & you can open as much account as you want. I open it for different 'pots' with 3.5% AER each. I'm using Chase and Trading 212

[@paullambert4691]

When trading 212 reduce their rates they only give you 3 days notice instead of the standard 14 elsewhere.

[@PaulB-q3d]

So? They are consistently market leading, you can withdraw in hours should you wish...

[@lawrencer25]

So what 😂😂😂😂😂

[@deltaechomusicnh555]

Why does it matter? They have the best rate available at all times.

[@juliaw7533]

👍👍👍

[@shaunm1983]

Cant you just send like 5000 over to a savings account? Do you have to do it gradually?

[@OneAndOnlyMe]

Could you please do a video on the best JISAs (Junior ISA, stocks and shares). Thanks.

[@Saltytoxico]

Remember to check your tax free savings limit. Sad to save a chunk of dollar and find you've been taxed on it.

[@hedwigwendell-crumb91]

Hi Andy, could you talk about how to legally avoid paying tax on savings. I have been hit with a demand from HMRC for almost £400 for interest I earned. It is painful 😖😖😖

[@lukerobson3043]

If the regular saver closes at the end of the period then best to work out when you are better off just putting that money into a easy saver rather than putting more into regular saver. So that you actually get near the advised rate.

[@SW-ok8qr]

Thanks, you make it so easy and cut out all the BS

[@juliaw7533]

😂😂😂😂😂

[@naveenmessi2705]

Why not just use a CASH ISA. Trading 212 would offer 5% interest and also no tax on this interest. Just trying to compare that to savings accounts in the uk, especially if needing to switch or add a new bank account for this.

[@phillholdd5936]

QUESTION.. .. is it safe having saving apps on your phone bearing in mind that phones are the easiest thing to loose and break...surly a saving app would be best on a phone at home in a safe place without a sim in. doesn't feel safe having a beer in the pub with my phone next to my pint having an app on it with 20k in it.

[@johnharvey5338]

My First Direct monthly saver account is finishing soon and they are advising they are moving to an account paying 1.5%, won’t be leaving it there for a day.

[@Martin_Martin_Martin_1]

look at if you can open a new monthly saver. I was able to earlier this year.

[@davidnash4393]

Yes, the normal course of action is to immediately open a new regular saver, and move the old one to a higher paying account such as T212

[@gloriaoludaini4990]

Is it possible to have more than one ISA account qnd save over 20k in a year,also say one has like 15k currently and is planning to save more ,

[@georgewood00]

What do you think of Sidekick Andy?

[@tedthesailor172]

Interesting...

[@JohnChambers-wi4xb]

I read an article from YBS that states there are 13 million current accounts in UK with over £5,000.00. The average value of these accounts is £23,700. How can people be so stupid? The onus on Be Clever with your cash & MSE should be to force people to change. I have £139 in 3 current accounts. I am earning 5.60% across a range of ISA's, Reg Savers,Fixed Rate Bonds & Current Accounts. Why can we not educate the financially illiterate to do the same?

[@ol2510]

It may come as a surprise to you, but people aren't very interested in learning from someone who calls them stupid. In fact that achieves the opposite effect and people become defensive. Try a different approach and you might see better results.

[@JohnChambers-wi4xb]

@@ol2510 Stupid may have been a bit strong! However the figures indicate that many are financially illiterate. I want to empower people to make better decisions on where their money goes.

[@JohnChambers-wi4xb]

@@ol2510 If they are watching this video, the assumption that I would make is that they are financially aware. I want to reach the masses who do not watch Martin Lewis or Andy Webb.

[@samrockgurung6915]

good luck for draws this ,month

[@juliaw7533]

Also some of these new 'pop up' banks aren't real banks and say they hold your cash outside their institution. But ask yourself, do they really have your cash and what benefit are they gaining from holding it in another entity??? BEFORE DOING ANYTHING BASED ON THE 'APPEARANCE' OF A GOOD RATE, 'THINK' ABOUT THE WHAT IF'S! Take responsibility, ask the right questions and most of all Protect Yourself because no one else will do it.

[@FluentlyAcademy-r2n]

with First Direct - it means I have to keep adding money to saving account each month? can I move the whole amount of my saving from different account to FD and just keep it there?

[@coolmonkey619]

Can you advise best way save for my house purchase in next 5 years

[@BonkersAboutAlice]

Do you have anything on Premium Bonds? I'm wondering if they're a better option than ISA.

[@JonathanJK]

ISA is better then Bonds as the rate with an ISA is guaranteed.

[@jimdavies]

Premium bonds are ok if you're willing not to earn the sane as you would in interest in an isa. This year I got about 2.5% return. Last year I got 7% (included a £1,000 win in one month). They're ok but quite often you get no prize even with a significant sum of money in them. That said, you could get lucky :)

[@Sunshinelotus22]

I had 3% return in bonds

[@henrymilleruk100]

Help my brain! If I switch to Santander edge current account and so does my partner and we get a join account. Are we paying £3 a month on each current account and each joint account?

[@lukeduffield3263]

Hi Andy - quick question - with the Natwest RS account - once you reach £5000, what is the best course of action to take?

[@SW-ok8qr]

Doesmt he tell you in the video?

[@nathanevans6214]

My personal opinion is withdraw anything in excess of 5k and put into another savings account. Anything above 5k currently earns 1.5% so you may aswell put it into an account earning atleast 4%. I believe you still need to deposit atleast £1 per month to meet the criteria of a 'regular saver'🤔 I'm not certain though.

[@lukeduffield3263]

@@nathanevans6214 Thanks. That's what I thought - and I'm not sure about the £1 per month either. Maybe I'll just do that anyway to be on the safe side! Cheers! :)

[@deltaechomusicnh555]

​@@nathanevans6214Where does it say you need to put in £1 every month? I can't see that being said anywhere in the terms.

[@deltaechomusicnh555]

Zopa offers 7.5% savings accounts, so it's better than first directs 7%.

[@sidkings]

Starling is ok for me right now.

[@pingupenguin2474]

What sort of emergen🎉cy fund should a pensioner have ?. All the calculations are based on living expenses if you lose your job, but that doesn't apply if you are a pensioner . Arguably enough to tide you over should a technical problem delays your pension ( logically actual cash ) and a current account balance that has " padding" to cover your direct debited bills, but what about other " events") Synching funds should cover most things, but maybe I am missing something here. Last year I had dental bills, and drain/ driveway emergency repairs which cleared out my savings, and am presently trying to build the pot up again. I know we will need a replacement car in the next few years. It doesn't have to be new, but needs to be reasonably reliable ( presently got a 16 yr old workhorse that won't last much longer) We also need to replace our decking before it gets dangerous, as it provides access to part of the house that includes utility room where the washing machine has to go as kitchen and bathroom are tiny. I don't want to borrow if possible, but no idea yet if I can get enough together for these, up front. Any thoughts ? ( uk pensioner presently 10 months from paid off mortgage) Thanks

[@alfonsohorcajada4399]

Moneybox still offers. 5% for ISA new and transfers

[@Honda3737gs]

Nope,, Money box is 3.8% with an additional 1% boost for 1 year

[@anaymakan6989]

as a uni student I use the NatWest Saver, can also be topped up by roundups from current account

[@Vaulted_DC]

I think Starling has the best Savings account, 4% up to 1 million (lol yeah, I know). Also it’s easy access, no withdrawal fees

[@OH2023-cj9if]

I really don't rate Starling, too many IT problems. They are still telling me after 2 years that any customer that left them can't have a new account ad their IT fails. If you put an extra space in your name or different phone number it allows the application process. I can't trust them with my money.

[@deltaechomusicnh555]

​@OH2023-cj9if That's not an IT problem. That's a business decision they made. Even Chase the biggest bank in the world does the same.

[@davidnash4393]

Starling had some negative stories in the news recently

[@mikeoxlong7268]

🎉

[@juliawigger9796]

I have no photographic id. So cant open any bank accounts.

[@davidnash4393]

Then it may be a good investment to get a passport

[@juliawigger9796]

@davidnash4393 I need the money for heating!

[@davidnash4393]

@@juliawigger9796 so unfortunately savings are not an issue right now. Is there no way to open a current account with any bank without a photo id?

[@davidnash4393]

@@juliawigger9796 so unfortunately savings may not be a possibility right now. But there are ways to open a current account without photo id. I would look into that if I were in your position.

[@juliawigger9796]

@davidnash4393 I have. I do have savings, they are for my care in the future, but as heating allowance taken away I have to dip into my future care savings to pay for heating. Also im above safety limit for banking protection.

[@EdelweisSusie]

My Top Tip for you is - don’t eat a meal shortly before you film videos ‘cos seeing you constantly trying to disguise burps is NOT appealing!!!

[@J-md4yw]

Omg this is so mean and not necessarily! Just appreciate the great advice we are getting on here !