Best savings accounts 2023: Top 3 easy access, fixed and regular savings accounts | Personal Finance | Finance
The account allows up to £200 to be deposited per calendar month and withdrawals are not permitted until October 1, 2023. If the account is closed before this date, it will not qualify for the 5.5 percent AER and instead, will earn interest calculated at 0.2 percent AER.
The fixed term starts on the date the account is opened and interest is calculated on a daily basis on the balance in the account and paid on maturity.
Placing second is NatWest’s Digital Regular Saver with an AER of 5.12 percent.
The 5.12 percent interest rate is awarded to savings up to £5,000, after which 0.5 percent is awarded to figures from £5,001 and over.
There is no minimum deposit required to open the account and it allows people to save up to £150 each month.
Unlimited withdrawals are permitted without penalty and interest is awarded monthly.
Placing third is Royal Bank of Scotland’s Digital Regular Saver with an AER of 5.12 percent.
Like Natwest, the same interest rules apply to this bank account (5.12 percent paid up to £5,000, then 0.5 percent), interest is applied monthly, and unlimited withdrawals are also permitted.
Top three fixed rate bond savings accounts
Top of the list of high-interest fixed rate accounts is Close Brothers Savings’ Fixed Rate Bond with AER of 4.55 percent.
