The Bank of England base rate currently stands at 3.75%, with the Monetary Policy Committee (MPC) voting to hold rates at its latest meeting. Following the ongoing conflict in the Middle East, markets are now pricing in two possible rate hikes, meaning the Bank of England base rate could reach 4.25% or even 4.50% later this year. In this article, we share the bank accounts and easy access cash ISAs offering interest rates over 5%, so you can earn the most interest on your money.
For more information on the best rates in the market bookmark our savings best buy tables to stay up to date with the latest rates.
Savings accounts with rates over 5%
In the following comparison table, we compare some of the best accounts and easy-access cash ISAs on the market right now with interest rates of 5% and over. For more information on the accounts, eligibility and any key features of the account see below the table.
Remember when saving money into a non-ISA account, you can only earn up to £1,000 in interest, if you are a basic-rate taxpayer, before you will be taxed on interest (£500 for a higher-rate taxpayer). This is known as the personal savings allowance and more information can be found in our article, 'What is the personal savings allowance and how you can boost it by £5,000'. If you're saving within a cash ISA, you can save up to £20,000 across all your ISAs every year tax-free. Any interest you earn is tax-free.
Best savings accounts with over 5% interest - a comparison
| Savings Rate | Account type | Pay in amount | Easy access | Bank's current account required | |
| Zopa Biscuit Regular Saver | 7.10% | Regular Saver | £0 - £300 (per month) | Yes | Yes |
| First Direct Regular Saver | 7.00% | Regular Saver | £25 - £300 (per month) | No | Yes |
| The Co-operative Bank Regular Saver | 7.00% | Regular Saver | £0 - £250 (per month) | Yes | Yes |
| Nationwide Flex Regular Saver | 6.50% | Regular Saver | £0 - £200 (per month) | Yes | Yes |
| Club Lloyds Monthly Saver | 6.25% | Regular Saver | £25 - £400 (per month) | Yes | Yes |
| Bath Building Society 16-25 Saver | 6.15% | Regular Saver | £10 - £50 (per month) | Yes | No |
| Monmouthshire BS Regular Saver | 6.00% | Regular Saver | £1 - £500 (per month) | Yes | No |
| Skipton BS Member Regular Saver | 5.75% | Regular Saver | £1 - £250 (per month) | No | No |
| Halifax Regular Saver | 5.50% | Regular Saver | £25 - £250 (per month) | No | No |
| Bank of Scotland Monthly Saver | 5.50% | Regular Saver | £25 - £250 (per month) | No | No |
| Halifax Kids’ Monthly Saver | 5.50% | Children's Regular Saver | £10 - £100 (per month) | No | No |
| Manchester BS Regular Saver | 5.40% | Regular Saver | £1 - £500 (per month) | Yes | No |
| NatWest / RBS Digital Regular Saver | 5.25% | Regular Saver | £1 - £150 (per month) | Yes | Yes |
| Skipton BS Regular Saver (non-member) | 5.25% | Regular Saver | £1 - £200 (per month) | No | No |
| Lloyds Standard Monthly Saver | 5.25% | Regular Saver | £25 - £250 (per month) | Yes | Yes |
| Cahoot Sunny Day Saver | 5.00% | Easy Access | £1 - £3,000 (maximum) | Yes | No |
| Nationwide FlexDirect account | 5.00% | Current Account | £1,000 | Yes | Yes |
| Nationwide Member Exclusive Bond | 5.00% | Fixed Bond | £1 - £10,000 (maximum) | No | No |
| TSB Monthly Saver | 5.00% | Regular Saver | £25 - £250 (per month) | Yes | Yes |
| HSBC Regular Saver | 5.00% | Regular Saver | £25 - £250 (per month) | No | Yes |
| Santander Regular Saver | 5.00% | Regular Saver | £0 - £200 (per month) | No | Yes |
Get 4.76% (AER Variable) with the Trading 212 Cash ISA
Earn 4.76% (AER Variable) with the Trading 212 Flexible Cash ISA:
- 3.60% AER (variable tracker) + 1.16% 12 month boost
- Flexible - withdraw anytime
- Completely free - no account fees
- T&Cs and eligibility criteria apply
Zopa's new current account Biscuit comes with a Regular Saver which offers 7.10% AER on savings. Customers can save up to £300 per month via the app-only bank account. Those who save the maximum amount of £300 could earn around £137 in interest over 12 months if the interest rate doesn't change.
Who is eligible for the Zopa Biscuit Regular Saver?
- Must be 18+
- Must be a UK resident
- Must only have tax residency in the UK
- Must not be a US citizen
First Direct Regular Saver - 7.00%
The First Direct Regular Saver allows First Direct personal current account holders to get 7% interest for a fixed period of 12 months. You cannot access your money within the 12-month term unless you close your account and if you do this, you will only receive an interest rate equivalent to the First Direct savings account, which is currently 2.00%.
The First Direct Regular Saver allows you to save a maximum of £3,600 a year and between £25 £300 a month. The payment must be made via a single monthly standing order, but you can change the amount if necessary. If you save the maximum amount of £3,600 throughout the term, you can expect to earn around £136.50 in interest.
Who is eligible for the First Direct Regular Saver?
- Must be a First Direct current account holder
The Co-operative Bank Regular Saver allows Co-op Bank account holders to get 7% interest on their deposit for a fixed period of 12 months. The 12-month period starts from the date when the bank accepts your first deposit. You can access the account whenever you want and there are no penalties if you choose to do so.
You can save up to £250 a month every month. If you exceed this amount, the excess will be returned to you. If you save the maximum for 12 months, you could end up with a balance of £3,114.21 of which £114.21 could be interest earned assuming the Co-op doesn't change the interest rate, you haven't made any additional deposits or withdrawals, and you make your 12 regular monthly deposits on the first each month starting in January.
Who is eligible for the Co-operative Bank?
- Must be a current Co-operative Bank account holder
- Must be a UK resident
- Must be aged 16 or over
Nationwide Flex Regular Saver - 6.50%
Savers can deposit a maximum of £200 a month into the account and can make up to 3 withdrawals penalty-free. If you make 4 or more withdrawals from the account the interest rate will drop to 2.15% for the remainder of the term. The account can be opened online or via the mobile app.
Who is eligible for the Nationwide Flex Regular Saver?
- Must be an existing Nationwide current account holder
- Must be 16 or over and live in the UK
Club Lloyds Monthly Saver - 6.25%
If you set up a regular payment or standing order this needs to reach the account by the 25th of each month. You can access your money at any time with a Club Lloyds monthly saver and after 12 months the account will change to a standard saver. The interest on this account is paid at the end of the 12-month term.
Who is eligible for the Club Lloyds Monthly Saver?
- You need to be a UK resident and a minimum of 18 years old to open a Club Lloyds Monthly Saver
- Must be a Club Lloyds current account holder (which comes with a £3 monthly fee that is waived if you deposit at least £2,000 into the account each month)
- Must not have already opened a monthly saver account in the last 12 months
Bath Building Society 16-25 Saver - 6.15%
The Bath Building Society 16-25 Saver is a niche regular savings account offering a variable rate of 6.15% AER. It allows you to build a pot by saving between £10 and £50 per month. Unlike many other high-rate regular savers, it features easy access, meaning you can withdraw your money if you need it, and you do not need to switch your current account to qualify.
Who is eligible for the Bath Building Society 16-25 Saver?
- Must be a young adult aged between 16 and 25
- Must be a UK resident
Monmouthshire BS Regular Saver - 6.00%
The Monmouthshire Building Society Regular Saver pays a competitive 6.00% variable interest rate. It offers a much higher maximum deposit limit than most competitors, allowing savers to put away between £1 and £500 every month. It also offers easy access for withdrawals and doesn't require a current account with the provider.
Who is eligible for the Monmouthshire BS Regular Saver?
- Must be aged 16 or over
- Must be a UK resident (excluding residents of Northern Ireland)
Skipton Building Society Regular Saver - 5.75%
The Skipton Building Society allows Skipton members to get 5.75% interest for a fixed period of 12 months. This account is only open to those who were Skipton Building Society members on or before 10th November 2025; there is a regular saver paying 5.25% for members who joined after this date. You cannot access your money within the 12-month term unless you close your account (which you can do at any time and withdraw the full balance).
You can only save a maximum of £3,000 a year in the Skipton Building Society Regular Saver and you can save between £1 - £250 a month. If you save the maximum amount of £3,000 throughout the term you can expect to earn around £93 in interest.
Who is eligible for the Skipton Building Society Regular Saver?
- Must be a Skipton member on or prior to November 10, 2025
- Must be aged 16 or over
- Must be a UK resident
Halifax Regular Saver - 5.50%
You can earn 5.50% gross/AER when you save between £25 and £250 each month using a Halifax Regular Saver account. The interest rate is fixed and cannot be changed during the term once you open your account. You cannot access your savings during the 12 month term and if you choose to close the account, the balance including any interest that you earned will be transferred to a Halifax Everyday Saver account and earn the variable rate of interest available with that type of account at the time.
You can open a Halifax Regular Saver account with a minimum balance of £1 and you can deposit between £25 and £250 each month. If you save the maximum amount of £250 each month, your balance at the end of 12 months is likely to be around £3,082.50 if you make no withdrawals.
Who is eligible for the Halifax Regular Saver?
- Must be 16+
- Must be a UK resident
Bank of Scotland Monthly Saver - 5.50%
The Bank of Scotland Monthly Saver offers a fixed interest rate of 5.50% for a term of 12 months. Savers can deposit between £25 and £250 each calendar month. Please note that this account does not offer easy access; you cannot make partial withdrawals during the term, and closing the account early will result in a lower standard interest rate.
Who is eligible for the Bank of Scotland Monthly Saver?
- Must be aged 16 or over
- Must be a UK resident
Halifax Kids’ Monthly Saver - 5.50%
If you would like to save money on your child's behalf, the Halifax Kids' Monthly Saver has a fixed interest rate of 5.50% for 12 months. You can contribute between £10 - £100 per month by standing order and the amount must reach the account by the 25th of the month to get the interest rate for that month. You can change the amount of your standing order at any time but you don't have to contribute every month. The money in your account cannot be accessed for the duration of the term unless you close your account. After the 12 months, the money that you have saved and the interest will be transferred to the Kids' Saver account which was opened when you opened the Monthly Saver.
Who is eligible for the Halifax Kids' Monthly Saver?
- For children 15 and under (ideal for adults who want to save on their behalf)
- Accountholder must be 18+ and a UK resident
- If you aren’t a parent or legal guardian of the child you need their permission to open this account
Manchester BS Regular Saver - 5.40%
The Manchester Building Society Regular Saver pays 5.40% variable interest on deposits. It allows a generous monthly pay-in amount of anywhere between £1 and £500. This account spans a maximum duration of 24 months, offers easy access for your savings, and does not require you to hold any other accounts with the society.
Who is eligible for the Manchester BS Regular Saver?
- Must be a UK resident
- Must be aged 16 or over
NatWest & RBS Digital Regular Saver - 5.25%
You can earn 5.25% AER variable on your NatWest and RBS Regular Saver balances between £1 - £5,000. However, once you exceed £5,000 the interest rate does drop to 1%. You can access your money at any time with a NatWest or RBS Digital Regular Saver which makes it a good option if you think you will need your money at some point in the future. Interest on this savings account is calculated daily and paid monthly.
You can save between £1 - £150 a month by standing order but this can be changed at any time and you can top up your monthly contribution up to the £150 limit. Additionally, it is possible to top up savings with round-ups and these round-up savings don’t contribute towards the monthly limit. If you save a maximum of £150 a month into this account your balance after 12 months will be £1,851.14 and you can expect to earn approximately £51.14 in interest.
Who is eligible for the Natwest/RBS Digital Regular Saver?
- Must be 16+
- Have a NatWest/RBS current account
- Must be your only digital regular saving account
Lloyds Standard Monthly Saver - 5.25%
If you don't qualify for the Club Lloyds account, the Lloyds Standard Monthly Saver still gives you a strong 5.25% fixed interest rate for 12 months. You can save between £25 and £250 per month via standing order. The account offers easy access, allowing you to make withdrawals at any time without penalty.
Who is eligible for the Lloyds Standard Monthly Saver?
- Must be an existing Lloyds Bank standard current account holder
- Must be a UK resident aged 18 or over
Cahoot Sunny Day Saver - 5.00%
The Cahoot Sunny Day Saver is a standout option because it is a true easy-access account, rather than a regular saver. It offers a flat 5.00% variable rate for 12 months on balances from £1 up to a maximum cap of £3,000. It allows unlimited, penalty-free withdrawals and does not require a linked current account.
Who is eligible for the Cahoot Sunny Day Saver?
- Must be a UK resident
- Must be aged 16 or over
Nationwide FlexDirect account - 5.00%
Nationwide FlexDirect current account holders can earn 5% interest on current account balances up to £1,500. In order to qualify for the rate, however, you must pay in a minimum of £1,000 a month and if you don't meet this criteria the interest rate will revert to 1.00%. Nationwide account transfers do not count towards the £1,000 monthly pay-in amount required. After the initial 12 months end, the interest rate on this account will revert back to 1.00%.
When opening a Nationwide FlexDirect account you can also benefit from a 12-month interest-free overdraft, as long as you meet the required eligibility criteria, although after the 12-month period ends this rate does increase to 39.9%. You can also access the Flex Instant Saver which has an interest rate of 3.25% for 12 months or the Flex Regular Saver which is 6.50% variable for 12 months.
Who is eligible for the Nationwide FlexDirect account?
- Must be 18+
- Must be a UK resident
- Hold no more than 4 existing Nationwide accounts (including both sole and joint accounts)
Nationwide Member Exclusive Bond - 5.00%
The Nationwide Member Exclusive Bond provides a 5.00% fixed interest return over a 15-month term. This is a fixed-rate bond intended for lump-sum savings between £1 and £10,000. It does not provide easy access, meaning no withdrawals or early closures are allowed during the 15 months.
Who is eligible for the Nationwide Member Exclusive Bond?
- Must be an existing Nationwide or Virgin Money member since 20 May 2026 or earlier
- Must be a UK resident aged 16 or over
TSB Monthly Saver - 5.00%
The TSB Monthly Saver rewards current account holders with a fixed 5.00% interest rate for 12 months. You can deposit between £25 and £250 each month. It is an easy-access regular saver, meaning you can log into your app and withdraw money at any time without hurting your interest rate.
Who is eligible for the TSB Monthly Saver?
- Must be an active TSB current account holder
- Must be a UK resident aged 16 or over
HSBC Regular Saver - 5.00%
HSBC's Regular Saver
Who is eligible for the HSBC Regular Saver?
- Must be 18+
- Must have one of the following HSBC current accounts: HSBC Premier, HSBC Advance, Bank Account, Bank Account Pay Monthly, HSBC Student Bank Account or Graduate Bank Account, which you must maintain for the 12-month duration
Santander Regular Saver - 5.00%
Who is eligible for a Santander Regular Saver?
- Must be a UK resident
- Must be 16+
- Must have a Santander current account
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