Savers urged to ‘shop around for inflation-busting deals’

Best regular savings accounts

Here is a full list of the best regular savings currently on offer this week with interest rates attached:

• Principality BS – 7.5 per cent AER / 7.36 per cent Gross
• Zopa – 7.1 per cent AER / 6.87 per cent Gross
• The Co‑operative Bank – Seven per cent AER / Gross
• Nationwide BS – 6.5 per cent AER / Gross
• Hanley Economic BS – 6.5 per cent AER / Gross
• Scottish BS – 6.5 per cent AER / Gross
• Monmouthshire BS – Six per cent AER / Gross

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Best fixed-rate savings accounts

Here is a list of the best savings accounts offering a one-year fixed interest rate:

• Union Bank of India (UK) Ltd – 4.45 per cent AER / Gross
• Cynergy Bank – 4.28 per cent AER / Gross
• Chetwood Bank – 4.26 per cent AER / Gross
• Rova – 4.25 per cent AER / Gross
• Penrith BS – 4.25 per cent AER / Gross
• UBL UK – 4.21 per cent AER / Gross
• National Savings & Investments – 4.20 per cent AER / Gross
• Vanquis Bank – 4.20 per cent AER / Gross
• Afin Bank – 4.20 per cent AER / Gross

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Best cash ISAs

Here is a list of the best cash ISAs with a one year fixed interest rate attached currently on offer:

• Investec Save – 4.30 per cent AER / Gross
• Gatehouse Bank – 4.21 per cent AER / Gross
• Aldermore – 4.17 per cent AER / Gross
• Zopa – 4.15 per cent AER / 4.07 per cent Gross
• Vanquis Bank – 4.15 per cent AER / Gross
• UBL UK – 4.12 per cent AER / Gross
• Virgin Money – 4.11 per cent AER / Gross
• Kent Reliance – 4.11 per cent AER / Gross
• Tandem Bank – 4.10 per cent AER / Gross
• Hampshire Trust Bank – 4.10 per cent AER / Gross

Here is a full list of the best cash ISAs with a variable interest rate attached currently on offer:

• Plum – 4.27 per cent AER / 4.23 per cent Gross
• Atom Bank – 4.25 per cent AER / 4.17 per cent Gross
• Aldermore – 4.15 per cent AER / Gross
• Moneybox – 4.15 per cent AER / 4.07 per cent Gross
• Vida Savings – 4.11 per cent AER / Gross
• Chorley Building Society – 4.10 per cent AER / Gross
• Tipton & Coseley BS – 4.10 per cent AER / Gross
• Charter Savings Bank – 4.09 per cent AER / Gross
• Vanquis Bank – 4.08 per cent AER / 4.01 per cent Gross
• Bank of Ireland UK – 4.06 per cent AER / Gross

Best easy-access accounts

Here is a full list of the best easy access savings accounts without a bonus attached:

• cahoot – Five per cent AER / Gross
• Manchester BS – 4.25 per cent AER / Gross
• Dudley BS – 4.25 per cent AER / Gross
• Vida Savings – 4.11 per cent AER / Gross
• Spring – 4.11 per cent AER / 4.03 per cent Gross
• DF Capital – 4.10 per cent AER / 4.02 per cent Gross
• Vanquis Bank – 4.08 per cent AER / Gross
• Charter Savings Bank – 4.06 per cent AER / Gross
• Dudley BS – 4.05 per cent AER / Gross
• cahoot – 4.05 per cent AER / Gross

Here is a full list of the best easy access accounts with a bonus attached:

• Chase – 4.50 per cent AER / 4.41 per cent Gross
• Mansfield BS – 4.25 per cent AER / Gross
• Sidekick – 4.23 per cent AER / 4.18 per cent Gross
• AA – 4.20 per cent AER / 4.12 per cent Gross
• Tesco Bank – 4.05 per cent AER / Gross
• Post Office Money – 4.05 per cent AER / Gross
• Shawbrook Bank – 4.04 per cent AER / 3.97 per cent Gross
• Skipton BS – 4.00 per cent AER / Gross
• Nottingham BS – 3.80 per cent AER / Gross
• Marcus by Goldman Sachs – 3.75 per cent AER / 3.69 per cent Gross

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Adam French, Head of News at Moneyfactscompare, said: “Many market-leading fixed rates have fallen at the start of the new year after Decembers Base rate cut and with the expectation of another cut or two in 2026.

“However, savers willing to shop around can still secure an inflation-busting deal which will mean their money is still growing in real terms.

“January can be a prime time to review and switch savings pots.”

“Some of the best rates currently on the market come from building societies, challenger banks and digital providers, which should not be overlooked.”