Compare savings accounts to find high interest rates with Runpath Regulated Services[1]

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Why compare savings accounts?

Start your savings habit today

Savings aren’t just for the super-rich.

Everyone should get into the habit of budgeting and putting something away for a rainy day.

Savings accounts let your money grow by adding interest – but don’t get complacent.

Check in on your savings regularly to make sure you’re on the best interest rate you can get. If you’re not, vote with your feet and switch.

Switching pays
Accounts less than two years old pay 0.86% more interest
on average

Get rates

According to FCA report: Price discrimination in the cash savings market: one rate, one solution [†]

Get the right type of savings account

You want your money to earn as much interest as it can while giving you the access you need to your cash.


The simplest option. Pay your money in, earn interest, and withdraw it whenever you like.

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Fixed-rate bonds

You agree not to touch your cash for a set time - typically between six months and five years.

In return, the provider guarantees you a fixed rate of interest.

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Peer to peer

You save by loaning money to customers using peer-to-peer sites – you earn interest on your savings from what they pay on their borrowing.

Rates are often attractive, but P2P isn’t risk-free as your money won’t be backed by the FSCS.

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These have an initial promotional period with an attractive interest rate.

Once the promotion period is up, rates often plummet.

It’s wise to set a reminder for when the bonus rate ends so you can move your savings to an account that pays higher interest.

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Regular savers

You pay in a set amount of money each month and get into the habit of putting money aside.

You sometimes need to hold a current account with the same provider and they typically offer competitive interest rates.

They generally only last 12 months though – after that your money’s moved to a current account or alternative savings account.

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Make your savings work harder

Five tips to get more from your money.

  1. Use your tax-free savings allowance

    Basic rate taxpayers get the first £1,000 of savings interest tax free, so you could put away up to £62,500 a year at 2% AER before paying any tax. Though the tax benefits will depend on your personal circumstances

  2. Consider fixed-rates

    Locking away your money can mean better rates. Worth considering if you know you don’t need cash for several years

  3. Notice accounts

    Banks like knowing where the money is - a notice account might offer competitive rates

  4. Become a regular saver

    Commit to putting money aside each month for some of the better rates on the market for smaller sums of money

  5. Shop around

    Interest rates don’t stay the same forever - you might find better rates by moving

Frequently asked questions

  • What's compound interest?

    Compound interest simply means interest is paid on interest. For savings and investments you can maximise gains by leaving interest in the account, and for loans and other debt, high interest and minimum payments can quickly increase the amount owed.

  • What's AER?

    AER stands for 'annual equivalent rate' and shows the percentage interest you’d get if you put your money in an account and left it there for a year.

    It lets you compare the interest rate of one account to another.

  • Are my savings safe?

    You get £85,000-worth of Financial Services Compensation Scheme (FSCS) protection per institution you save with, as long as they’re UK regulated.

    So if you’ve got more than £85,000 in savings you might want to split your money between several financial institutions to be on the safe side.

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News and articles on savings

[1] introduces customers to Runpath Regulated Services, which is authorised and regulated by the Financial Conduct Authority.'s relationship with Runpath Regulated Services is limited to that of a business partnership, no common ownership or control rights exist between us. Please note, we cannot be held responsible for the content of external websites and by using the links stated to access these separate websites you will be subject to the terms of use applying to those sites

[†]Please note, we cannot be held responsible for the content of external websites and by using the links stated to access these separate websites you will be subject to the terms of use applying to those sites

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