Savings accounts: Britons could ‘use their New Year’s Resolution’ to kickstart their journey

Among the banks and building societies singled out by the financial services comparison website include Principality Building Society and Cahoot.

Savers are warned that some of the more lucrative deals on offer last week have been cut, such as Chase’s easy access account, by 0.29 per cent.

Moneybox’s Open Access ISA will also decrease by 0.25 per cent from 4.20 per cent AER to 3.95 per cent AER on Friday, 2 January 2026.

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
• Principality BS – 6.5 per cent AER / Gross
• Newcastle BS – 6.5 per cent AER / Gross
• Manchester 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:

• LHV Bank – 4.46 per cent AER / Gross
• Union Bank of India (UK) Ltd – 4.45 per cent AER / Gross
• Habib Bank Zurich plc – 4.44 per cent AER / Gross
• Recognise Bank – 4.35 per cent AER / Gross
• Cynergy Bank – 4.28 per cent AER / Gross
• Kent Reliance – 4.27 per cent AER / Gross
• Chetwood Bank – 4.26 per cent AER / Gross
• Vanquis Bank – 4.25 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:

• UBL UK – 4.32 per cent AER / Gross
• Investec Save – 4.3 per cent AER / Gross
• Gatehouse Bank – 4.21 per cent AER / Gross
• Vanquis Bank – 4.2 per cent AER / Gross
• Aldermore – 4.17 per cent AER / Gross
• Zopa – 4.15 per cent AER / 4.07 per cent Gross
• Virgin Money – 4.11 per cent AER / Gross
• Kent Reliance – 4.11 per cent AER / Gross
• Tandem Bank – 4.1 per cent AER / Gross
• Hampshire Trust Bank – 4.1 per cent AER / Gross

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

• Moneybox – 4.4 per cent AER / 4.31 per cent Gross
• Atom Bank – 4.25 per cent AER / 4.17 per cent Gross
• Moneybox – 4.2 per cent AER / 4.12 per cent Gross
• Teachers BS – 4.15 per cent AER / Gross
• Aldermore – 4.15 per cent AER / Gross
• Plum – 4.12 per cent AER / 4.08 per cent Gross
• Vida Savings – 4.11 per cent AER / Gross
• Chorley Building Society – 4.1 per cent AER / Gross
• Tembo Money – 4.1 per cent AER / 4.02 per cent Gross
• Tipton & Coseley BS – 4.1 per cent AER / Gross

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

• cahoot – Five per cent AER / Gross
• cahoot – 4.4 per cent AER / Gross
• Manchester BS – 4.25 per cent AER / Gross
• Dudley BS – 4.25 per cent AER / Gross
• Newcastle BS – 4.15 per cent AER / Gross
• Teachers BS – 4.15 per cent AER / Gross
• Family Building Society – 4.14 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 – 4.1 per cent AER / 4.02 per cent Gross

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

• Chase – 4.5 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 – 4.2 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 – Four per cent AER / Gross
• Nottingham BS – 3.8 per cent AER / Gross
• Marcus by Goldman Sachs® – 3.75 per cent AER / 3.69 per cent Gross

Rachel Springall, Finance Expert at Moneyfactscompare said: “Challenger banks and building societies offer some of the best returns on the savings market, and yet, many keep their pots with a high street bank or even in a current account that earns little to no interest.

“Switching doesn’t take much effort, and it’s important to get into the habit of earning a rate that can outpace the eroding effect of inflation.

“The top savings deals pay more than four per cent right now, but some of the biggest high street banks pay just one per cent, so shopping around is wise.

“The quieter period between Christmas and the New Year is an ideal time for savers to check their existing accounts and switch, especially if they will see 0.25 per cent shaved off their return due to the Bank of England base rate cut.”