Best savings accounts of the week: Savers alerted to ‘great time to switch’ as account offers 7.5% rate

Among the providers topping the charts this week are Principality Building Society, offering 7.5 per cent AER on its regular saver, and Zopa, with 7.1 per cent AER.

Other strong contenders include Investec Bank at 4.5 per cent AER for a one‑year fixed bond, and Cynergy Bank at 4.28 per cent AER for a one‑year fixed cash ISA.

Savers are moving quickly to lock in these high‑interest accounts amid expectations that the Bank of England could cut rates further in the months ahead, making today’s offers particularly valuable.

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
• Progressive BS – Seven per cent AER / Gross
• Co‑operative Bank – Seven per cent AER / Gross
• Nationwide BS – 6.5 per cent AER / Gross
• Newcastle BS – 6.5 per cent AER / Gross
• Manchester BS – 6.5 per cent AER / Gross
• Principality BS (1 Year Bond) – 6.5 per cent AER / Gross
• Hanley Economic BS – 6.5 per cent AER / Gross
• Scottish BS – 6.5 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:

• Investec Bank – 4.50 per cent AER / Gross
• Monument Bank – 4.47 per cent AER / Gross
• LHV Bank – 4.46 per cent AER / Gross
• DF Capital – 4.45 per cent AER / Gross
• Habib Bank Zurich – 4.44 per cent AER / Gross
• Vanquis Bank – 4.42 per cent AER / Gross
• GB Bank – 4.40 per cent AER / Gross
• JN Bank – 4.38 per cent AER / Gross
• Afin Bank – 4.35 per cent AER / Gross

Best cash ISAs

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

• Cynergy Bank – 4.28 per cent AER / Gross
• Vida Savings – 4.28 per cent AER / Gross
• Tembo Money – 4.27 per cent AER / Gross
• Investec Bank – 4.27 per cent AER / Gross
• UBL UK – 4.23 per cent AER / Gross
• Zopa – 4.22 per cent AER / 4.14 per cent Gross
• Gatehouse Bank – 4.21 per cent AER / Gross
• NatWest – 4.20 per cent AER / Gross
• Royal Bank of Scotland – 4.20 per cent AER / Gross
• Vanquis Bank – 4.20 per cent AER / Gross

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

• Moneybox – 4.47 per cent AER / 4.38 per cent Gross
• Plum – 4.45 per cent AER / 4.40 per cent Gross
• Principality BS – 4.20 per cent AER / Gross
• Bank of Ireland UK – 4.16 per cent AER / Gross
• Teachers BS – 4.15 per cent AER / Gross
• Aldermore – 4.15 per cent AER / Gross
• Charter Savings Bank – 4.11 per cent AER / Gross
• Vida Savings – 4.11 per cent AER / Gross
• Tipton & Coseley BS – 4.10 per cent AER / Gross
• Vanquis Bank – 4.08 per cent AER / Gross
• Tesco Bank – 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
• Snoop – 4.35 per cent AER / 4.26 per cent Gross
• Coventry BS – 4.30 per cent AER / Gross
• Tipton & Coseley BS – 4.30 per cent AER / Gross
• Manchester BS – 4.25 per cent AER / Gross
• Dudley BS – 4.25 per cent AER / Gross
• Shawbrook Bank – 4.16 per cent AER / Gross
• Newcastle BS – 4.15 per cent AER / Gross
• Teachers BS – 4.15 per cent AER / Gross
• Close Brothers Savings – 4.15 per cent AER / Gross

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

• Monument Bank – 4.51 per cent AER / 4.42 per cent Gross
• Chase – 4.50 per cent AER / 4.41 per cent Gross
• Sidekick – 4.48 per cent AER / 4.43 per cent Gross
• Chip – 4.37 per cent AER / 4.29 per cent Gross
• Shawbrook Bank – 4.34 per cent AER / 4.26 per cent Gross
• Mansfield BS – 4.25 per cent AER / Gross
• Principality BS – 4.25 per cent AER / Gross
• AA – 4.20 per cent AER / 4.12 per cent Gross
• Tesco Bank – 4.20 per cent AER / Gross
• Post Office Money – 4.16 per cent AER / Gross