UK savings accounts for US citizens
UK savings accounts mostly open for US citizens. The interest is simple, the account is simple, and the only homework is on your side: the US taxes the interest and may want it reported.
A plain savings account holds cash and pays interest. Nothing about it troubles a US person at the provider end, so acceptance is wide; the same FATCA reporting that applies to a current account applies here, and most banks handle it without comment.
The catch sits on your tax return, not the application. The US taxes savings interest as ordinary income wherever the account is, and once your foreign accounts cross a combined balance the US wants to see them. Those reporting rules are the FBAR and Form 8938; the verdicts below are about who opens the account, and the tax pages explain what you owe and file.
See the FBAR for the $10,000 reporting line and FATCA for why the bank asks your US status.
We checked 60 providers. 60 offer a savings account. Of those 60, 51 will open an account worth having and 9 will not take you. Last checked 17 August 2026.
The accounts you can open
Rates as of 2026-08-17Every account below comes from a provider that will take a US person. Sorted by rate, highest first, and grouped by how you reach the money. Under each institution is where your money sits and how the account is run. The US taxes the interest on all of them as ordinary income.
Easy access
Withdraw whenever you need to. Rates are variable, so they move.
| The catch | ||||||
|---|---|---|---|---|---|---|
| Santander UK (opens in a new tab) FSCS £120,000 · online, app, phone or branch | Santander Edge Saver (opens in a new tab) | 6.00% AER | variable | £1 | £4,000 earns interest | Needs a paid Santander Edge current account, and only the first £4,000 earns interest. |
| Chase UK (opens in a new tab) With strings US persons: expect follow-up questions after your tax self-certification FSCS £120,000 · app-only | Chase Saver Account (opens in a new tab) | 4.50% AER then 2.25% | variable | — | £3,000,000 | New-customer boost for the first 12 months, then 2.25%; needs an eligible Chase current account. |
| Post Office Money (opens in a new tab) FSCS £120,000 shared with Bank of Ireland UK, which provides it · online, branch, post or phone | Online Saver (opens in a new tab) | 4.31% AER then 0.90% | variable | £1 | £2,000,000 | Online only, and 3.41% of that rate is a bonus that stops after 12 months, leaving 0.90%. |
| Principality Building Society (opens in a new tab) FSCS £120,000 · online, branch, agency or post | Online Bonus Triple Access (opens in a new tab) | 4.30% AER then 2.35% | variable | £1 | £1,000,000 | Online only, three withdrawals a year, and 1.95% of that rate is a bonus that stops after 12 months, leaving 2.35%. |
| Ulster Bank (opens in a new tab) FSCS £120,000, shared with NatWest · branches in Northern Ireland only · online, app or phone | Limited Edition Saver (opens in a new tab) | 4.30% AER then 1.55% | variable | £1 | £3,000,000 | Needs a balance of £5,000 or more, otherwise 1.00%; the rate includes a 2.75% bonus fixed for 12 months, sole names only. |
| United Trust Bank (opens in a new tab) FSCS £120,000 · online, phone or post | Limited Access Saver (opens in a new tab) | 4.30% AER | variable | £5,000 | £150,000 | Needs £5,000, and the rate falls to 2.75% from your third withdrawal. |
| Nottingham Building Society (opens in a new tab) FSCS £120,000 · online, app or branch | Bonus Access Saver (opens in a new tab) | 4.25% AER then 1.70% | variable | £1 | £750,000 | Online only, and 2.55% of that rate is a bonus that ends in October 2027, leaving 1.70%. |
| Charter Savings Bank (opens in a new tab) FSCS £120,000 via Charter Court Financial Services · online and post | Easy Access (opens in a new tab) | 4.21% AER | variable | £1 | £1,000,000 | None. |
| Kent Reliance (opens in a new tab) FSCS £120,000 via OneSavings Bank · online, post or Kent branches | Limited Access Saver (opens in a new tab) | 4.21% AER | variable | £1 | — | Only three withdrawals in 12 months. |
| Tesco Bank (opens in a new tab) FSCS £120,000 shared with Barclays, which provides it · online | Internet Saver (opens in a new tab) | 4.21% AER then 1.05% | variable | £1 | — | Includes a 3.16% bonus for 12 months, after which it drops to the standard rate. |
| Leeds Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Online Access Saver (opens in a new tab) | 4.20% AER | variable | £1,000 | £1,000,000 | Needs £1,000 in it at all times or the rate falls to 0.05%, and withdrawals only go to a nominated account. |
| Yorkshire Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Triple Access eSaver (opens in a new tab) | 4.20% AER | variable | £1 | — | Online only, three withdrawal days a year, and the account runs for one year. |
| Virgin Money (opens in a new tab) FSCS £120,000, shared with Nationwide · online or app | Double Take E-Saver (opens in a new tab) | 4.16% AER | variable | £1 | £250,000 | Only 2 withdrawals a calendar year, then no access until January. |
| Cynergy Bank (opens in a new tab) FSCS £120,000 · online | Online Easy Access Account (opens in a new tab) | 4.15% AER then 2.15% | variable | £1 | £1,000,000 | Includes a 2.00% bonus that falls away after 12 months, and withdrawals only go to your nominated account. |
| Starling Bank (opens in a new tab) FSCS £120,000 · app-only, needs a Starling current account | Easy Saver (opens in a new tab) | 4.00% AER then 2.50% | variable | — | £1,000,000 | Needs a Starling current account. Includes a 1.50% bonus for the first 12 months, then drops to 2.50%. |
| Barclays (opens in a new tab) FSCS £120,000 · app, online, branch or phone | Rainy Day Saver (opens in a new tab) | 3.96% AER | variable | £1 | — | Needs paid Blue Rewards membership or Premier banking, and the rate applies only to the first £5,000; above that it drops to 0.70%. |
| Skipton Building Society (opens in a new tab) FSCS £120,000 · online, app, branch, post or phone | Two Access Saver (opens in a new tab) | 3.90% AER | variable | £1 | £1,000,000 | Two withdrawals a year, then it rolls into a plain easy access account after 12 months. |
| Close Brothers Savings (opens in a new tab) FSCS £120,000 · online | Easy Access Account (opens in a new tab) | 3.85% AER | variable | £10,000 | £2,000,000 | Needs £10,000 to open; below £10,000 the rate drops to 1.00%. |
| Chip (opens in a new tab) FSCS £120,000 via ClearBank · app-only | Easy Access Saver (opens in a new tab) | 3.81% AER then 3.50% | tracker | — | — | Boosted for 12 months, then tracks 0.30% under base rate; three penalty-free withdrawals a year. |
| Investec Save (opens in a new tab) FSCS £120,000 · online | Online Flexi Saver (opens in a new tab) | 3.79% AER | variable | £5,000 | £250,000 | Below £5,000 you earn nothing at all. |
| Kent Reliance (opens in a new tab) FSCS £120,000 via OneSavings Bank · online, post or Kent branches | Easy Access Savings (opens in a new tab) | 3.75% AER | variable | £1 | — | None. |
| NS&I (opens in a new tab) HM Treasury backed · online, phone or post | Direct Saver (opens in a new tab) | 3.75% AER | variable | £1 | £2,000,000 | None material; no-notice access, interest added yearly. |
| NS&I (opens in a new tab) HM Treasury backed · online, phone or post | Income Bonds (opens in a new tab) | 3.75% AER | variable | £500 | £1,000,000 | Interest paid monthly to your bank rather than compounded. |
| United Trust Bank (opens in a new tab) FSCS £120,000 · online, phone or post | Easy Access Account (opens in a new tab) | 3.75% AER | variable | £5,000 | £150,000 | Needs £5,000 to open, and the balance is capped at £150,000. |
| Monzo (opens in a new tab) FSCS £120,000 · app-only, needs a Monzo current account | Select Access Savings Pot (opens in a new tab) | 3.65% AER | variable | £500 | — | Needs a paid Perks or Max plan, and no more than 2 withdrawals a year or it drops to 3.10%. Free accounts get 3.15%. |
| Ford Money (opens in a new tab) With strings US persons: contact them so the right FATCA declaration form can be sent FSCS £120,000 · online | Flexible Saver (opens in a new tab) | 3.54% AER | variable | £1 | £2,000,000 | None, though the £2 million cap counts across all your Ford Money accounts. |
| Chip (opens in a new tab) FSCS £120,000 via ClearBank · app-only | Instant Access Account (opens in a new tab) | 3.51% AER then 3.00% | tracker | — | — | Boosted for 12 months, then tracks 0.79% under base rate; unlimited access. |
| Coventry Building Society (opens in a new tab) FSCS £120,000 · online, branch, post or phone | 5 Access Saver (opens in a new tab) | 3.50% AER | variable | £1 | £1,000,000 | Five free withdrawals a year, then each one costs 50 days of interest. |
| Monzo (opens in a new tab) FSCS £120,000 · app-only, needs a Monzo current account | Instant Access Savings Pot (opens in a new tab) | 3.50% AER | variable | — | £1,000,000 | Top rate needs the Max plan at £19 a month; on a free account it pays 2.75%. |
| The Co-operative Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Base Rate Tracker (opens in a new tab) | 3.50% AER | tracker | £1 | £1,000,000 | Top rate needs £100,000 or more plus an eligible Co-operative Bank current account. |
| Ulster Bank (opens in a new tab) FSCS £120,000, shared with NatWest · branches in Northern Ireland only · online, app or phone | Loyalty Saver (opens in a new tab) | 3.50% AER | variable | £1 | — | Needs £5,000 or more, otherwise 1.00%, and you must hold an Ulster Bank current account. |
| Atom Bank (opens in a new tab) FSCS £120,000 · app-only | Instant Saver Reward (opens in a new tab) | 3.49% AER | variable | — | £100,000 (combined) | Reward rate only in a month with no withdrawal; drops to 2.00% the month you withdraw. |
| Tandem Bank (opens in a new tab) FSCS £120,000 · app-only | Instant Access Saver (opens in a new tab) | 3.40% AER then 3.15% | variable | — | £250,000 | Includes a 0.25% bonus for the first 12 months; unlimited access. |
| First Direct (opens in a new tab) FSCS £120,000, shared with HSBC UK · online, app or phone, no branches | Bonus Savings Account (opens in a new tab) | 3.35% AER | variable | £1 | — | Only in a month with no withdrawal, on balances up to £50,000, and you must hold a 1st Account; otherwise 1.05%. |
| HSBC (opens in a new tab) With strings US persons: apply by phone, not online, and you need an existing HSBC account FSCS £120,000 · online or branch | Online Bonus Saver (opens in a new tab) | 3.35% AER | variable | £1 | — | Bonus only in a month with no withdrawal, on the first £50,000; otherwise 1.05%. |
| Nationwide Building Society (opens in a new tab) FSCS £120,000, shared with Virgin Money · online, app or branch | 1 Year Triple Access Saver (opens in a new tab) | 3.30% AER | variable | — | £5,000,000 | Falls to 1.05% from the fourth withdrawal in the year. |
| The Co-operative Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Select Access Saver (opens in a new tab) | 3.28% AER | variable | £1 | £1,000,000 | Drops to 1.00% from the third withdrawal in a calendar year. |
| Paragon Bank (opens in a new tab) FSCS £120,000 · online and post | Triple Access Savings (opens in a new tab) | 3.20% AER | variable | £1 | £500,000 | Falls to 1.25% from your fourth withdrawal until the account anniversary. |
| Bank of Scotland (opens in a new tab) FSCS £120,000, shared with Halifax · online, app, phone or branch | Advantage Saver (opens in a new tab) | 3.00% AER | variable | £1 | — | Two or fewer withdrawals a year, otherwise 0.65%, and you must hold a qualifying Bank of Scotland current account. |
| Halifax (opens in a new tab) FSCS £120,000, shared with Bank of Scotland · online, app, phone or branch | Bonus Saver (opens in a new tab) | 3.00% AER | variable | £1 | £9,000,000 | Two or fewer withdrawals in the account year, otherwise it drops to 0.65%. |
| Lloyds Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Limited Access Saver (opens in a new tab) | 3.00% AER | variable | £1 | — | Top rate only with 2 or fewer withdrawals a year; a third drops you to 0.65%. Becomes a Standard Saver after a year. |
| Post Office Money (opens in a new tab) FSCS £120,000 shared with Bank of Ireland UK, which provides it · online, branch, post or phone | Instant Saver (opens in a new tab) | 3.00% AER then 0.90% | variable | — | — | Branch or post only to open, and 2.10% of that rate is a bonus that stops after 12 months, leaving 0.90%. |
| Santander UK (opens in a new tab) FSCS £120,000 · online, app, phone or branch | Limited Access Saver (opens in a new tab) | 3.00% AER | variable | £1 | £2,000,000 | Drops to 1.00% in any month with more than 2 withdrawals. |
| TSB (opens in a new tab) FSCS £120,000 · online, app or branch | Save Well Limited Access (opens in a new tab) | 3.00% AER | variable | £1 | — | Any withdrawal cuts that whole calendar month to 0.25%. |
| Al Rayan Bank (opens in a new tab) FSCS £120,000 · app and desktop · sole applicants only | Everyday Saver (opens in a new tab) | 2.75% EPR | variable | £10,000 | £1,000,000 | An expected profit rate, not guaranteed interest, and the balance must stay at £10,000 or above or it drops to 0.05%. |
| Kroo (opens in a new tab) FSCS £120,000 · app-only, no standalone savings account | Current account balance (opens in a new tab) | 2.65% AER | tracker | — | £500,000 | Set 1.10% below the Bank of England base rate, and only on the first £500,000. |
| Kroo (opens in a new tab) FSCS £120,000 · app-only, no standalone savings account | Savings Pots (opens in a new tab) | 2.65% AER | tracker | — | £500,000 | Same rate as the main balance, and the £500,000 cap covers both together. |
| Cumberland Building Society (opens in a new tab) FSCS £120,000 · Cumbria, south-west Scotland and nearby only · branch or online | Cumberland eSaver (opens in a new tab) | 2.60% AER | variable | £1 | £500,000 | Needs a Cumberland current account with internet banking enabled. |
| Barclays (opens in a new tab) FSCS £120,000 · app, online, branch or phone | Blue Rewards Saver (opens in a new tab) | 2.51% AER | variable | £1 | — | Needs paid Blue Rewards membership or Premier banking, and only in a month with no withdrawal; otherwise 0.60%. |
| Atom Bank (opens in a new tab) FSCS £120,000 · app-only | Instant Saver (opens in a new tab) | 2.50% AER | variable | — | £100,000 (combined) | None; unlimited in-app withdrawals. |
| Triodos Bank UK (opens in a new tab) FSCS £120,000 · online only, no branches | Online Saver Plus (opens in a new tab) | 2.20% AER | variable | £1 | — | Three penalty-free withdrawals a year; anything beyond that earns 0.10%. |
| Danske Bank UK (opens in a new tab) FSCS £120,000 · new customers must live in Northern Ireland · online, app, phone or branch | Danske eSaver (opens in a new tab) | 2.05% AER | variable | £1 | — | Run through online or mobile banking only. |
| Coventry Building Society (opens in a new tab) FSCS £120,000 · online, branch, post or phone | Easy Access Saver (opens in a new tab) | 2.00% AER | variable | £1 | £1,000,000 | None. |
| Santander UK (opens in a new tab) FSCS £120,000 · online, app, phone or branch | Easy Access Saver (opens in a new tab) | 2.00% AER | variable | £1 | £2,000,000 | Rate runs 12 months, then becomes an Everyday Saver. |
| Barclays (opens in a new tab) FSCS £120,000 · app, online, branch or phone | Reward Saver (opens in a new tab) | 1.85% AER | variable | £1 | — | Only in a month with no withdrawal; otherwise 0.60%. Open to everyone. |
| C. Hoare & Co (opens in a new tab) FSCS £120,000 · relationship managed · current account required | Deposit Account (opens in a new tab) | 1.85% AER | variable | — | — | Needs a C. Hoare & Co current account. |
| Triodos Bank UK (opens in a new tab) FSCS £120,000 · online only, no branches | Online Saver (opens in a new tab) | 1.81% AER | variable | £1 | — | — |
| Virgin Money (opens in a new tab) FSCS £120,000, shared with Nationwide · online or app | M Plus Saver (opens in a new tab) | 1.75% AER | variable | — | — | Needs an M Plus current account, and only the first £25,000 earns the top rate. |
| Allied Irish Bank (GB) (opens in a new tab) FSCS £120,000 · open by phone, then manage by phone or online | Demand Deposit Account (opens in a new tab) | 1.50% AER | variable | — | — | Closed to new applicants; existing customers only. |
| Bank of Ireland UK (opens in a new tab) FSCS £120,000, shared with Post Office Money · UK wide, branches in Northern Ireland · online, app, phone or branch | Classic Saver (opens in a new tab) | 1.45% AER | variable | £1 | — | — |
| Arbuthnot Latham (opens in a new tab) FSCS £120,000 · relationship managed · £750,000 entry | Personal Savings Account (opens in a new tab) | 1.26% AER | variable | — | — | New clients must bring at least £750,000 across banking, lending and investments. |
| Nationwide Building Society (opens in a new tab) FSCS £120,000, shared with Virgin Money · online, app or branch | Instant Access Saver (opens in a new tab) | 1.20% AER | variable | — | £5,000,000 | Top rate needs a balance of £50,000 or more. |
| TSB (opens in a new tab) FSCS £120,000 · online, app or branch | Easy Saver (opens in a new tab) | 1.10% AER then 1.00% | variable | £1 | — | Top rate needs £100,000 or more, and includes a 0.10% bonus that ends after 12 months. |
| HSBC (opens in a new tab) With strings US persons: apply by phone, not online, and you need an existing HSBC account FSCS £120,000 · online or branch | Flexible Saver (opens in a new tab) | 1.05% AER | variable | £1 | — | None; instant access. |
| Barclays (opens in a new tab) FSCS £120,000 · app, online, branch or phone | Everyday Saver (opens in a new tab) | 1.00% AER | variable | £1 | — | None; unlimited withdrawals on the whole balance. |
| Halifax (opens in a new tab) FSCS £120,000, shared with Bank of Scotland · online, app, phone or branch | Everyday Saver (opens in a new tab) | 1.00% AER | variable | £1 | — | The rate steps down as the balance falls. |
| HBL Bank UK (opens in a new tab) FSCS £120,000 · open in branch in London or Manchester, then manage online | Instant Savings Deposit (opens in a new tab) | 1.00% AER | variable | — | — | Must be opened in branch. |
| Lloyds Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Easy Saver (opens in a new tab) | 1.00% AER | variable | £1 | — | Rate depends on balance; unlimited withdrawals. |
| NatWest (opens in a new tab) FSCS £120,000 · online, app or branch | Flexible Saver (opens in a new tab) | 1.00% AER | variable | £1 | — | Needs a NatWest current account; higher tiers start at £25,000. |
| Metro Bank (opens in a new tab) FSCS £120,000 · online, app or in store | Instant Access Savings (opens in a new tab) | 0.90% AER | variable | £1 | — | None. |
| Hampden & Co (opens in a new tab) FSCS £120,000 · relationship managed · Hampden current account required | Call Account (opens in a new tab) | 0.75% AER | variable | — | — | Tiered, rising to 1.87% above £1,000,000. Needs a Hampden current account in the same currency. |
| Coutts (opens in a new tab) FSCS £120,000 · relationship managed · Coutts current account required | Private Reserve Account (opens in a new tab) | 0.55% AER | variable | £1 | — | Tiered on the whole balance, so this entry rate rises to 2.63% above £250,000 and 3.19% above £3,000,000. Needs a Coutts current account. |
| Weatherbys Bank (opens in a new tab) FSCS £120,000 · relationship managed · Weatherbys clients only | Private Reserve Account (opens in a new tab) | 0.50% AER | variable | — | — | Weatherbys clients only; rises to 1.00% above £50,000. |
Notice accounts
Higher rates in exchange for giving notice before you withdraw.
| The catch | ||||||
|---|---|---|---|---|---|---|
| United Trust Bank (opens in a new tab) FSCS £120,000 · online, phone or post | 60 Day Notice (opens in a new tab) | 4.20% AER | variable | £5,000 | £1,000,000 | Needs £5,000 to open and 60 days notice for any withdrawal. |
| Cynergy Bank (opens in a new tab) FSCS £120,000 · online | Online Notice Saver (opens in a new tab) | 4.18% AER | variable | £500 | £1,000,000 | Top rate needs 120 days notice; the 35 and 95 day options pay less. |
| Close Brothers Savings (opens in a new tab) FSCS £120,000 · online | 95 Day Notice Account (opens in a new tab) | 4.10% AER | variable | £10,000 | £2,000,000 | Needs £10,000 and 95 days notice; below £10,000 the rate drops to 1.00%. |
| Kent Reliance (opens in a new tab) FSCS £120,000 via OneSavings Bank · online, post or Kent branches | 60 Day Notice Account (opens in a new tab) | 4.10% AER | variable | £1,000 | £1,000,000 | Branch only to open, and 60 days notice to withdraw. |
| Charter Savings Bank (opens in a new tab) FSCS £120,000 via Charter Court Financial Services · online and post | 95 Day Notice (opens in a new tab) | 4.06% AER | variable | £5,000 | £1,000,000 | Drops to 0.10% if your balance falls below £5,000. |
| Investec Save (opens in a new tab) FSCS £120,000 · online | 90 Day Notice Saver (opens in a new tab) | 4.00% AER | variable | £5,000 | £250,000 | Needs £5,000 and 90 days notice; below £5,000 you earn nothing at all. |
| Paragon Bank (opens in a new tab) FSCS £120,000 · online and post | 120 Day Notice (opens in a new tab) | 3.75% AER | variable | £500 | £500,000 | You give 120 days notice before you see your money. |
| Coutts (opens in a new tab) FSCS £120,000 · relationship managed · Coutts current account required | Private Notice Account (opens in a new tab) 95 days notice | 3.71% AER | variable | £1 | — | Sterling only, and needs a Coutts current account. The 35 day version pays 3.25% and the 60 day 3.51%. |
| Weatherbys Bank (opens in a new tab) FSCS £120,000 · relationship managed · Weatherbys clients only | 250 Day Notice Account (opens in a new tab) 250 days notice | 3.60% AER | variable | — | £2,000,000 | Guaranteed to pay 0.15% below base rate; shorter notice pays less, from 2.40% at 45 days. No additional deposits. |
| Hampden & Co (opens in a new tab) FSCS £120,000 · relationship managed · Hampden current account required | 95-Day Notice Account (opens in a new tab) 95 days notice | 3.30% AER | variable | £50,000 | — | Sterling only, £50,000 to open, and you must hold a Hampden sterling current account for all movements. |
| C. Hoare & Co (opens in a new tab) FSCS £120,000 · relationship managed · current account required | 95 Day Notice Account (opens in a new tab) 95 days notice | 3.10% AER | variable | £50,000 | — | Needs a current account with the bank, £50,000 to open, and movements in amounts of at least £10,000. |
| Danske Bank UK (opens in a new tab) FSCS £120,000 · new customers must live in Northern Ireland · online, app, phone or branch | Danske Notice Account (opens in a new tab) | 3.00% AER | variable | £2,000 | £250,000 | 95 days notice before a withdrawal completes. |
| Arbuthnot Latham (opens in a new tab) FSCS £120,000 · relationship managed · £750,000 entry | 100-Day Notice Account (opens in a new tab) | 2.94% AER | variable | £50,000 | — | You must keep at least £50,000 in it and give 100 days notice; rates rise to 3.14% above £1,000,000. |
| Cumberland Building Society (opens in a new tab) FSCS £120,000 · Cumbria, south-west Scotland and nearby only · branch or online | 30 Day Notice (opens in a new tab) | 2.80% AER | variable | £1 | £500,000 | Thirty days notice to withdraw without losing interest. |
Fixed term
Pay in a lump sum once, then the rate and your money are both locked until the term ends. This is where a large balance goes.
| The catch | ||||||
|---|---|---|---|---|---|---|
| Investec Save (opens in a new tab) FSCS £120,000 · online | 3 Year Fixed Rate Saver (opens in a new tab) 3 years | 5.00% AER | fixed | £5,000 | £250,000 | Needs £5,000 to open, sole accounts only, and locks the money away for three years. |
| Close Brothers Savings (opens in a new tab) FSCS £120,000 · online | 5 Year Fixed Rate Bond (opens in a new tab) 5 years | 4.85% AER | fixed | £10,000 | £2,000,000 | Needs £10,000 to open and locks the money away for five years. |
| Charter Savings Bank (opens in a new tab) FSCS £120,000 via Charter Court Financial Services · online and post | 2 Year Fixed Rate Bond (opens in a new tab) 2 years | 4.78% AER | fixed | £5,000 | £1,000,000 | No withdrawals at all for the full two years. |
| Skipton Building Society (opens in a new tab) FSCS £120,000 · online, app, branch, post or phone | 5 Year Fixed Rate Bond (opens in a new tab) 5 years | 4.76% AER | fixed | £1 | £1,000,000 | No withdrawals for five years. |
| NatWest (opens in a new tab) FSCS £120,000 · online, app or branch | Fixed Term Savings (2 year) (opens in a new tab) 2 years | 4.75% AER | fixed | £1 | £3,000,000 | Locked until maturity, with early closure charges; the 1-year term pays 4.15%. |
| Tandem Bank (opens in a new tab) FSCS £120,000 · app-only | Fixed Term Saver (opens in a new tab) 1 to 5 years | up to 4.75% AER | fixed | — | £2,500,000 | No withdrawals during the term; the top rate is the longest term. |
| Al Rayan Bank (opens in a new tab) FSCS £120,000 · app and desktop · sole applicants only | 12 Month Fixed Term Deposit (opens in a new tab) 1 year | 4.73% EPR | fixed | £10,000 | £1,000,000 | An expected profit rate, not guaranteed interest. Applies where profit is reinvested and paid at maturity; taking it quarterly pays 4.65%. |
| Close Brothers Savings (opens in a new tab) FSCS £120,000 · online | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.72% AER | fixed | £10,000 | £2,000,000 | Needs £10,000 to open, with no withdrawals or top-ups after the first 10 days. |
| Charter Savings Bank (opens in a new tab) FSCS £120,000 via Charter Court Financial Services · online and post | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.71% AER | fixed | £5,000 | £1,000,000 | No withdrawals at all for the full year. |
| Investec Save (opens in a new tab) FSCS £120,000 · online | 1 Year Fixed Rate Saver (opens in a new tab) 1 year | 4.70% AER | fixed | £5,000 | £250,000 | Needs £5,000 to open, must be funded within seven days, and no withdrawals during the term. |
| Nationwide Building Society (opens in a new tab) FSCS £120,000, shared with Virgin Money · online, app or branch | Fixed Rate Online Bond (opens in a new tab) 5 years | 4.65% AER | fixed | £1 | £5,000,000 | Top rate needs the 5 year term, with no withdrawals until it ends. |
| Kent Reliance (opens in a new tab) FSCS £120,000 via OneSavings Bank · online, post or Kent branches | 15 Month Fixed Rate Bond (opens in a new tab) 15 months | 4.60% AER | fixed | £1,000 | — | No withdrawals for the full 15 months. |
| Leeds Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | 5 Year Fixed Rate Bond (opens in a new tab) 5 years | 4.60% AER | fixed | £100 | — | No withdrawals for five years. |
| Nottingham Building Society (opens in a new tab) FSCS £120,000 · online, app or branch | 5 Year Fixed Rate Bond (opens in a new tab) 5 years | 4.60% AER | fixed | £1 | — | No withdrawals until it matures in September 2031. |
| Skipton Building Society (opens in a new tab) FSCS £120,000 · online, app, branch, post or phone | 1 Year Premier Bond (opens in a new tab) 1 year | 4.60% AER | fixed | £1 | £35,000 | Capped at £35,000, one per person, and no withdrawals until it matures. |
| Al Rayan Bank (opens in a new tab) FSCS £120,000 · app and desktop · sole applicants only | 36 Month Fixed Term Deposit (opens in a new tab) 3 years | 4.55% EPR | fixed | £10,000 | £1,000,000 | An expected profit rate, not guaranteed interest, and no withdrawals before maturity. |
| Atom Bank (opens in a new tab) FSCS £120,000 · app-only | 1 Year Fixed Saver (opens in a new tab) 1 year | 4.55% AER | fixed | £50 | £100,000 | Locked until maturity; longer terms pay more (2yr 4.68%, 3yr 4.70%, 5yr 4.75%). |
| Leeds Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.50% AER | fixed | £100 | £1,000,000 | Nothing comes out until October 2027, and below £100 the rate drops to 0.05%. |
| Nottingham Building Society (opens in a new tab) FSCS £120,000 · online, app or branch | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.45% AER | fixed | £1 | £750,000 | Nothing comes out until September 2027, and the online version cannot be held jointly. |
| Paragon Bank (opens in a new tab) FSCS £120,000 · online and post | 15 Month Fixed Rate (opens in a new tab) 15 months | 4.45% AER | fixed | £1,000 | £500,000 | No withdrawals for the full 15 months. |
| Principality Building Society (opens in a new tab) FSCS £120,000 · online, branch, agency or post | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.45% AER | fixed | £500 | £2,000,000 | No withdrawals and no closing early, and the first payment must land within five business days. |
| TSB (opens in a new tab) FSCS £120,000 · online, app or branch | Fixed Rate Bond (opens in a new tab) 1 to 3 years | 4.45% AER | fixed | £1 | £1,000,000 | No withdrawals or early closure before maturity. |
| United Trust Bank (opens in a new tab) FSCS £120,000 · online, phone or post | 15 Month Bond (opens in a new tab) 15 months | 4.43% AER | fixed | £5,000 | £1,000,000 | Needs £5,000 to open and locks the money away for 15 months. |
| Post Office Money (opens in a new tab) FSCS £120,000 shared with Bank of Ireland UK, which provides it · online, branch, post or phone | Online Bond (opens in a new tab) 1 year | 4.40% AER | fixed | £500 | £2,000,000 | Online only, one single deposit at the start, and no withdrawals before maturity. |
| Principality Building Society (opens in a new tab) FSCS £120,000 · online, branch, agency or post | 2 Year Fixed Rate Bond (opens in a new tab) 2 years | 4.40% AER | fixed | £500 | — | Branch only, so you cannot apply from home, and no withdrawals before maturity. |
| Tesco Bank (opens in a new tab) FSCS £120,000 shared with Barclays, which provides it · online | Fixed Rate Saver (opens in a new tab) 1 year | 4.40% AER | fixed | £2,000 | — | Needs £2,000 to open, you can only pay in for the first 30 days, and no withdrawals during the term. |
| Yorkshire Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Fixed Rate eBond (opens in a new tab) about 3 years | 4.40% AER | fixed | £1,000 | — | Online only, £1,000 to open, and nothing comes out until October 2029. |
| HSBC (opens in a new tab) With strings US persons: apply by phone, not online, and you need an existing HSBC account FSCS £120,000 · online or branch | Fixed Rate Saver (2 year) (opens in a new tab) 2 years | 4.40% AER | fixed | £2,000 | £1,000,000 | Locked until maturity; the 1-year term pays 3.80%. |
| Coutts (opens in a new tab) FSCS £120,000 · relationship managed · Coutts current account required | Fixed Term Deposit (opens in a new tab) 1 year | 4.36% AER | fixed | £25,000 | — | Indicative; your private banker confirms the rate. Needs a Coutts current account, and the relationship needs £3,000,000. |
| Cynergy Bank (opens in a new tab) FSCS £120,000 · online | 1 Year Fixed Rate Bond (opens in a new tab) 1 year | 4.35% AER | fixed | £1,000 | £1,000,000 | Money is locked away for the full year. |
| First Direct (opens in a new tab) FSCS £120,000, shared with HSBC UK · online, app or phone, no branches | Fixed Rate Savings (opens in a new tab) about 1 year | 4.35% AER | fixed | £2,000 | £1,000,000 | One deposit only, no partial withdrawals, and you must hold a 1st Account. |
| The Co-operative Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Fixed Term Deposit (opens in a new tab) 1 to 3 years | 4.31% AER | fixed | £1,000 | £1,000,000 | No withdrawals until maturity. |
| Santander UK (opens in a new tab) FSCS £120,000 · online, app, phone or branch | Fixed Term Saver (opens in a new tab) 1 to 3 years | 4.30% AER | fixed | £500 | £2,000,000 | No withdrawals or closure before the term ends. |
| Ford Money (opens in a new tab) With strings US persons: contact them so the right FATCA declaration form can be sent FSCS £120,000 · online | Fixed Saver (opens in a new tab) 1 year | 4.30% AER | fixed | £500 | £2,000,000 | Needs £500 to open, must be funded within 21 days, and no withdrawals during the term. |
| Bank of Ireland UK (opens in a new tab) FSCS £120,000, shared with Post Office Money · UK wide, branches in Northern Ireland · online, app, phone or branch | Limited Edition Fixed Term Deposit (opens in a new tab) 1 year | 4.25% AER | fixed | £2,000 | £5,000,000 | No withdrawals during the term, and deposits must come from a linked Bank of Ireland UK account. |
| C. Hoare & Co (opens in a new tab) FSCS £120,000 · relationship managed · current account required | Fixed Term Deposit (opens in a new tab) 1 year | 4.20% AER | fixed | £100,000 | — | Needs a C. Hoare & Co current account and a cleared balance of £100,000. No additions or withdrawals during the term; two years pays 4.25%. |
| Coventry Building Society (opens in a new tab) FSCS £120,000 · online, branch, post or phone | Fixed Rate Saver to 30.11.2029 (opens in a new tab) about 3 years | 4.20% AER | fixed | £1 | £1,000,000 | No withdrawals once the 14 day cooling off period ends. |
| Arbuthnot Latham (opens in a new tab) FSCS £120,000 · relationship managed · £750,000 entry | Fixed Term Deposit (opens in a new tab) 1 year | 4.00% AER | fixed | £100,000 | — | New clients must bring at least £750,000 across banking, lending and investments. No access during the term. |
| Bank of Scotland (opens in a new tab) FSCS £120,000, shared with Halifax · online, app, phone or branch | Fixed Rate Bond (opens in a new tab) 2 years | 4.00% AER | fixed | £500 | £9,000,000 | Top rate is the two-year term; closing early costs 180 days of interest. |
| Lloyds Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Online Fixed Bond (opens in a new tab) 2 years | 4.00% AER | fixed | £500 | — | No withdrawals before maturity; the 1-year term pays 3.80%. |
| Paragon Bank (opens in a new tab) FSCS £120,000 · online and post | 1 Year Fixed Rate (opens in a new tab) 1 year | 4.00% AER | fixed | £1,000 | £500,000 | No withdrawals for the full year. |
| Post Office Money (opens in a new tab) FSCS £120,000 shared with Bank of Ireland UK, which provides it · online, branch, post or phone | Growth Bond (opens in a new tab) 1 year | 4.00% AER | fixed | £500 | £1,000,000 | Branch or post only to open, one single deposit, and breaking it early costs a fee. |
| Virgin Money (opens in a new tab) FSCS £120,000, shared with Nationwide · online or app | 1 Year Fixed Rate E-Bond (opens in a new tab) 1 year | 4.00% AER | fixed | £1 | £1,000,000 | Fund it within 7 days of opening, and no withdrawals until maturity. |
| Weatherbys Bank (opens in a new tab) FSCS £120,000 · relationship managed · Weatherbys clients only | 1 Year Fixed Term Deposit (opens in a new tab) 1 year | 4.00% AER | fixed | £50,000 | £2,000,000 | Weatherbys clients only, no additional deposits after opening. Clients of four years or more get 4.05%. |
| Halifax (opens in a new tab) FSCS £120,000, shared with Bank of Scotland · online, app, phone or branch | Fixed Saver (opens in a new tab) 1 year | 3.80% AER | fixed | £500 | £9,000,000 | No withdrawals during the term, and closing early carries a charge. |
| Allied Irish Bank (GB) (opens in a new tab) FSCS £120,000 · open by phone, then manage by phone or online | Fixed Rate Saver (opens in a new tab) 1 year | 3.75% AER | fixed | £5,000 | £200,000 | No withdrawals before maturity, and the opening deposit must be a single payment of at least £5,000. |
| Danske Bank UK (opens in a new tab) FSCS £120,000 · new customers must live in Northern Ireland · online, app, phone or branch | Danske Fixed Term Deposit (opens in a new tab) 1 year | 3.75% AER | fixed | £5,000 | £1,000,000 | Top rate needs £250,000 or more, otherwise 3.60%; you also need a Danske service account and there is no access until maturity. |
| Metro Bank (opens in a new tab) FSCS £120,000 · online, app or in store | Fixed Term Savings (opens in a new tab) 3 years | 3.75% AER | fixed | £500 | £2,000,000 | Top rate needs the 3 year term, one lump sum only, and no withdrawals after the first 14 days. |
| Starling Bank (opens in a new tab) FSCS £120,000 · app-only, needs a Starling current account | Fixed Saver (opens in a new tab) 1 year | 3.70% AER | fixed | £2,000 | £1,000,000 | Needs a Starling current account. Locked for the full year, and you cannot top it up. |
| Triodos Bank UK (opens in a new tab) FSCS £120,000 · online only, no branches | Ethical Savings Bond (opens in a new tab) 1 year | 3.60% AER | fixed | £500 | £1,000,000 | One opening deposit only, and no withdrawals once the 30 day cancellation period ends. |
| Hampden & Co (opens in a new tab) FSCS £120,000 · relationship managed · Hampden current account required | Term Account (opens in a new tab) 1 year | 3.56% AER | fixed | £50,000 | — | Indicative, rising to 4.02% above £3,000,000. One deposit per account and no withdrawals during the term. |
Regular savers
The opposite of a fixed term: no lump sum allowed. You pay in a capped amount each month, which is why the rate is the highest on the page and the balance cap is small.
| The catch | ||||||
|---|---|---|---|---|---|---|
| Bank of Scotland (opens in a new tab) FSCS £120,000, shared with Halifax · online, app, phone or branch | Monthly Saver (opens in a new tab) | 8.00% AER | fixed | £25 a month | £250 a month | Pay in £25 to £250 by the 25th of each month; money taken out cannot be paid back in. |
| Halifax (opens in a new tab) FSCS £120,000, shared with Bank of Scotland · online, app, phone or branch | Regular Saver (opens in a new tab) | 8.00% AER | fixed | £25 a month | £250 a month | Pay in £25 to £250 a month; no withdrawals unless you close it, and an Everyday Saver opens alongside. |
| Lloyds Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Monthly Saver (opens in a new tab) 1 year | 8.00% AER | fixed | £25 a month | £3,000 | Pay in £25 to £250 a month for a year; no lump sum allowed. |
| Santander UK (opens in a new tab) FSCS £120,000 · online, app, phone or branch | Regular Saver (opens in a new tab) | 8.00% AER then 3.00% | variable | — | £2,400 over 12 months | Needs a Santander current account; 5.00% of the rate is a bonus that ends after 12 months, and deposits stop at £200 a month. |
| First Direct (opens in a new tab) FSCS £120,000, shared with HSBC UK · online, app or phone, no branches | Regular Saver (opens in a new tab) | 7.00% AER | fixed | £25 a month | £300 a month | Pay in £25 to £300 a month by standing order and hold a 1st Account; closing early drops you to the standard variable rate. |
| The Co-operative Bank (opens in a new tab) FSCS £120,000 · online, app or branch | Regular Saver (opens in a new tab) 1 year | 7.00% AER | variable | £1 | £3,000 over 12 months | Needs a Co-operative Bank current account, and deposits stop at £250 a month. |
| Nationwide Building Society (opens in a new tab) FSCS £120,000, shared with Virgin Money · online, app or branch | Flex Regular Saver (opens in a new tab) | 6.50% AER | variable | — | £2,400 over 12 months | Needs a Nationwide current account; falls to 1.05% from the fourth withdrawal, and deposits stop at £200 a month. |
| NatWest (opens in a new tab) FSCS £120,000 · online, app or branch | Digital Regular Saver (opens in a new tab) | 5.25% AER | variable | £1 a month | — | Needs a NatWest current account. Pay in £1 to £150 a month, and the rate applies only to the first £5,000; above that it drops to 1.00%. |
| Skipton Building Society (opens in a new tab) FSCS £120,000 · online, app, branch, post or phone | Regular Saver (opens in a new tab) | 5.25% AER | tracker | £1 | £200 a month | Tracks 1.50% above base rate for 12 months, and you can pay in at most £200 a month. |
| Kent Reliance (opens in a new tab) FSCS £120,000 via OneSavings Bank · online, post or Kent branches | Regular Savings Account (opens in a new tab) | 5.10% AER | variable | £25 a month | £500 a month | Branch only to open, £500 a month cap, and it becomes an easy access account after a year. |
| Monzo (opens in a new tab) FSCS £120,000 · app-only, needs a Monzo current account | 1p Saving Challenge Pot (opens in a new tab) | 5.00% AER | variable | — | — | Needs a paid plan from £3 a month; on a free account this pot earns nothing. |
| TSB (opens in a new tab) FSCS £120,000 · online, app or branch | Monthly Saver (opens in a new tab) 1 year | 5.00% AER | fixed | £25 a month | £3,000 over 12 months | Needs a TSB current account and a standing order of £25 to £250 a month. |
| HSBC (opens in a new tab) With strings US persons: apply by phone, not online, and you need an existing HSBC account FSCS £120,000 · online or branch | Regular Saver (opens in a new tab) 1 year | 5.00% AER | fixed | £25 a month | £3,000 | Fixed for 12 months; pay in 25 to £250 a month, no withdrawals; needs an HSBC current account. |
| Principality Building Society (opens in a new tab) FSCS £120,000 · online, branch, agency or post | 1 Year Regular Saver Bond (opens in a new tab) | 4.85% AER | fixed | £1 | £3,000 | Up to £250 a month to a £3,000 ceiling, and no withdrawals for the year. |
| Yorkshire Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Loyalty Regular eSaver (opens in a new tab) | 4.85% AER | variable | £1 | £250 a month | Existing members only, online only, up to £250 a month and one withdrawal day a year. |
| Ford Money (opens in a new tab) With strings US persons: contact them so the right FATCA declaration form can be sent FSCS £120,000 · online | Regular Saver (opens in a new tab) | 4.75% AER | fixed | £25 a month | £200 a month | Pay in £25 to £200 a month for 12 months, and you can only hold one. |
| Leeds Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Regular Saver (opens in a new tab) | 4.45% AER | variable | £100 | £6,000 | Up to £250 a month to a £6,000 ceiling, with one free withdrawal a year. |
| Cumberland Building Society (opens in a new tab) FSCS £120,000 · Cumbria, south-west Scotland and nearby only · branch or online | Regular Saver (opens in a new tab) | 4.25% AER then 2.60% | variable | £1 | £3,000 | Cumberland Plus current account holders only, £250 a month maximum, and after twelve months the balance moves to a Reward Instant Access account. |
| Nottingham Building Society (opens in a new tab) FSCS £120,000 · online, app or branch | Regular Saver (opens in a new tab) | 4.25% AER | variable | £1 | £7,500 | Up to £500 a month to a £7,500 ceiling, and the rate is only held to October 2027. |
| Yorkshire Building Society (opens in a new tab) FSCS £120,000 · online, branch or post | Regular eSaver (opens in a new tab) | 4.25% AER | variable | £1 | £250 a month | Online only, up to £250 a month for a year, and two withdrawal days. |
| Coventry Building Society (opens in a new tab) FSCS £120,000 · online, branch, post or phone | Regular Saver (opens in a new tab) | 4.00% AER | variable | £1 | £500 a month | Up to £500 a month, and any withdrawal costs 30 days of interest. |
Also open to US persons, rates not listed here
Confirmed to accept US persons. Either their accounts are not in the table above yet, or the provider does not publish rates at all and agrees them with each customer, so check directly.
Institution and account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict.
Who will not take you
Checked and confirmed to refuse US persons, so you can skip the application. The reason matters: some bar US citizenship outright, others require that you are tax resident in the UK and nowhere else.
| Institution | Why | Last checked |
|---|---|---|
| Aldermore(opens in a new tab) | Aldermore requires you to be resident and tax resident only in the UK, and states its accounts cannot be held by US persons, a definition that includes US citizens. That is an explicit bar, not a paperwork step. | 17 August 2026 |
| Marcus by Goldman Sachs(opens in a new tab) | Marcus declines anyone who is a US tax resident, since it cannot meet the US reporting that would follow, so a US person is turned away at application. | 9 August 2026 |
| Moneybox(opens in a new tab) | Moneybox requires that you are not a US person, defined to include US citizens, dual citizens and anyone who pays tax in the US, and that bar covers its cash savings range rather than the cash ISA alone. | 17 August 2026 |
| Plum(opens in a new tab) | Plum's terms say you must not be a US citizen, resident or green-card holder, and must not be subject to US taxation; that eligibility clause governs every Plum product. | 17 August 2026 |
| Raisin UK(opens in a new tab) | Raisin UK requires sole UK tax residency to open its marketplace account, and that account is the gateway to every partner bank on its panel, so the whole platform is closed even where a partner bank would accept you directly. | 17 August 2026 |
| Revolut UK(opens in a new tab) | Revolut's instant access savings terms require you to be a UK tax resident and not a US person, so the savings product is closed to a US citizen even with a Revolut account in good standing. Revolut still opens its current account to US persons. | 17 August 2026 |
| Shawbrook Bank(opens in a new tab) | Shawbrook requires applicants to be permanently resident in the UK and liable to pay tax only in the UK, so a second tax residency puts a US person outside its published criteria. | 17 August 2026 |
| Trading 212(opens in a new tab) | Trading 212 does not offer accounts to US persons, defined to include US citizens, people born in the US, green-card holders and anyone with US tax obligations, and asks you to confirm this at sign-up. | 17 August 2026 |
| Zopa(opens in a new tab) | Zopa requires sole UK tax residency and says applicants must not be a US citizen, so it will not open a savings account for a US person. | 9 August 2026 |
Confirm your own position with a cross-border specialist.
Acceptance policies and tax rules change, and your facts may differ from the
general case. Use this as a map, not a ruling. Last checked 17 August 2026.
Why this is the rule
Tax
FATCA
FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.
TaxFBAR
If your foreign accounts top $10,000 combined at any point in the year, you file an FBAR. What counts, when it is due, and what happens if you miss it.