We are using Cookies

By Using our website you agree to our terms & conditions

Top10MobileBanks is a free online resource created to help users find the information they need to make confident decisions. We invest significant time and effort into researching and presenting content in a clear and accessible way. That said, the information on this site should not be seen as a personal recommendation. Our content is subjective and reflects our own editorial choices, which means it may sometimes be incomplete or contain inaccuracies. We encourage you to double-check details - and we always welcome your feedback. We’re able to keep this resource free thanks to referral fees we receive from the companies featured. Because of this, reviews, rankings, and product information should be viewed as advertising content. That said, we work hard to keep the information accurate and useful so you can make confident decisions. You can find more information here .

We are an independent professional site supported by referral fees from listed companies. Advertiser Disclosure
GB - United Kingdom, Size=M.svg
Hero background image
Last updated: Oct 2026

Best UK Savings Accounts for 2026: Up to 5.00% AER

  • check-hero&&&SEP&&&-1772116692.svg Compare leading UK savings accounts in one place
  • check-hero&&&SEP&&&-1772116692.svg FSCS protected up to £120,000 per person
  • check-hero&&&SEP&&&-1772116692.svg Maximise your savings with high-interest options

Which account are you looking for?

Banking
Savings
Business
How We Rank
  • Mobile Bank
    AER  info-aer&&&SEP&&&-1782223135.svg
    What We Like
    Score
    Open an Account
    1
    Our Top Choice

    Up to 4.00%

    • 4% AER variable, fixed 1.50% AER bonus for 6 months
    • No minimum deposit, bonus rate up to £25k

    9.8

    View Review

    Visit Site
    Open Account

    9.8

    2

    Up to 4.00% 

    • Open an Instant Access Savings account in the Revolut app
    • Add and withdraw money with fee-free access, subject to terms

    9.4

    View Review

    Visit Site
    Open Account
    Exclusive offer: Get a £30 welcome  bonus 

    9.4

    360,760 Reviews
    3

    Up to 3.50%

    • Tracker rate moves with the Bank of England base rate
    • Access funds from the next business day

    9.1

    View Review

    Visit Site
    Open Account

    9.1

    4

    Up to 3.65%

    • Earn up to 3.65% AER (variable), depending on your Plum plan 
    • Withdraw your savings at any time, with no notice period

    8.8

    View Review

    Visit Site
    Open Account

    8.8

    5

    Up to 3.51%

    • Make deposits and withdrawals from a linked bank account
    • Standard rate applies after the 12-month promotional period

    8.6

    View Review

    Visit Site
    Open Account

    8.6

    Top Rated Choice

    Mobile Bank
    Pricing
    Card
    What We Like
    Score
    Open an Account
    1
    Our Top Choice

    No monthly fee

    apple-pay-mark-rgb-2&&&SEP&&&-1771925139.svg google-pay-mark-rgb-2&&&SEP&&&-1771925131.svg
    • 4% AER variable, fixed 1.50% AER bonus for 6 months
    • No minimum deposit, bonus rate up to £25k

    9.8

    View Review

    Visit Site
    Open Account

    9.8

    46,452 Reviews

    How to Compare Savings Accounts

    Savings accounts can vary in terms of interest rates, access conditions and eligibility requirements. When comparing options, it may be helpful to consider the following factors.

    1

    Interest Rate (AER)

    The interest rate (AER) is one of the most important factors when comparing savings accounts. Even a small difference in AER may significantly impact your returns over time, especially when interest is compounded.

    1

    Access to Funds

    Some accounts allow withdrawals at any time, while others may require funds to remain deposited for a fixed period. Access conditions should be reviewed before opening an account.

    1

    FSCS Protection

    Many UK savings providers are covered by the Financial Services Compensation Scheme (FSCS). Eligible deposits are typically protected up to applicable FSCS limits.

    1

    Fixed-Rate vs Easy-Access Accounts

    Easy-access accounts offer greater flexibility, while fixed-rate accounts generally require funds to remain deposited for a specified term.

    1

    Minimum Deposit Requirements

    Certain accounts require a minimum opening balance or ongoing balance. Requirements vary between providers.

    1

    Online Account Management

    Many savings accounts can be managed online or through a mobile app, allowing customers to monitor balances and manage funds digitally.

    Frequently Asked Questions

    What is a savings account?

    A savings account is a type of deposit account that allows customers to hold funds while earning interest, subject to the provider’s terms and conditions.

    What is AER?

    AER stands for Annual Equivalent Rate. It provides a standardised way to compare interest rates across savings accounts by taking compound interest into account.

    Are online savings accounts safe?

    Many online savings providers operate under UK financial regulations and may offer FSCS protection on eligible deposits. Customers should review the provider’s regulatory status and account terms before applying.

    What is the difference between easy-access and fixed-rate savings accounts?

    Easy-access accounts generally allow withdrawals without a fixed-term commitment. Fixed-rate accounts typically require funds to remain deposited for a specified period and may have withdrawal restrictions.

    How much money is protected by the FSCS?

    Protection limits are determined by the Financial Services Compensation Scheme and may change over time. Customers should review the latest FSCS guidance and provider information for current eligibility and coverage details.

    Can I open a savings account online?

    Many providers offer online application processes that allow customers to open and manage savings accounts digitally, subject to eligibility requirements.