February 2019: what are the best savings account rates?

With interest rates slowly back on the rise, we examine the best savings accounts and Isa accounts on offer in 2019.

OakNorth Bank has launched an easy-access cash Isa with a top rate of 1.44%. Available online, it sits just a whisker ahead of Shawbrook Bank offer of 1.43%.

Neither rate is boosted by a short-term bonus and there are no limits on the number of withdrawals. Virgin Money pays a marginally higher 1.45% on its Double Take Isa, which limits you to two withdrawals a year.  

OakNorth is also offering the top one-year fixed-rate cash Isa at 1.75%, closely followed by Shawbrook Bank at 1.74% and Cynergy Bank at 1.73%. The next best rate is 1.7% via Coventry Building Society, although you have to tie up your money until 31 May next year rather than for just 12 months.  

In terms of easy-access taxable accounts, you can earn 1.51% with The Family Building Society, but the opening balance is £15,000, and you can’t add any money to your account after 8 March. 

Meanwhile, the Marcus account from Goldman Sachs pays 1.5%, including a 0.15 percentage point bonus payable for a year. Virgin Money also pays 1.5%, but limits you to two withdrawals a year.

The best rate with no bonus or restrictions comes from Shawbrook Bank at 1.43% followed by Ford Money and RCI Bank both offering 1.42%.

On fixed-rate bonds, the top one-year rate is 2.01% from OakNorth Bank, closely followed by Tandem Bank and Masthaven Bank at 2%.

You can earn a top 2.15% fixed for 18 months, or 2.3% for two years with Masthaven.

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Excellent Website

I've just come across your website and was pleasantly surprised at the straight forward, no frills, information provided with regard to easy access savings accounts. Well done and thank you.


Really helpful and quick to access the information I was seeking. Thank you

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