This hub tracks UK savings rates that actually matter to a household: easy-access accounts, fixed-rate bonds, cash ISAs for the 2026/27 tax year, the NS&I Guaranteed Growth Bond range, and the Premium Bonds prize fund. Best-buy rates are pulled from MoneySavingExpert, Moneyfacts, Which?, and Tembo. The Bank of England Bank Rate (3.75%) is the cash floor those rates sit on top of, and the next MPC decision on 30 April 2026 may move savings rates within days of the announcement.

Best easy-access savings

Top easy-access rates in late April 2026:

  • Tembo Money HomeSaver: 4.75% AER (paid monthly, includes a 1.75% bonus for the first 12 months).
  • Top cash ISA easy-access rate: 4.61%.
  • Other best-buy easy-access accounts: sit in the 4.50% to 4.70% range across the Moneyfacts table.

Easy-access rates can be cut or raised at the provider's discretion at any time. Bonus-rate accounts revert to a much lower base rate after the introductory period ends, so set a calendar reminder for the bonus end date.

Best fixed-rate savings

Top fixed-rate bond rates in late April 2026:

  • MBNA Fixed Saver 1 Year: 4.66% AER — top of the one-year fixed bond chart.
  • RCI Bank UK 2 Year Fixed: 4.65% AER.
  • RCI Bank UK 3 Year Fixed: 4.60% AER.
  • Best fixed-rate range overall: 4.60% to 4.70% AER, concentrated in the 12-month bracket.

Fixed-rate bonds typically lock the cash for the full term with no early access, so only commit money you definitely will not need before the end date. Fixed rates reprice on what the market expects the Bank of England to do, so they can move daily.

Cash ISAs and the 2026/27 allowance

The new 2026/27 tax year began on 6 April 2026. The annual ISA allowance is £20,000, and that allowance can be split across cash ISA, stocks-and-shares ISA, innovative finance ISA, and Lifetime ISA (LISA, capped at £4,000 of the £20,000).

  • Top fixed cash ISA rate: 4.56% AER.
  • Top easy-access cash ISA rate: 4.61% AER.
  • LISA bonus: the government adds 25% (up to £1,000 a year) on top of LISA contributions for first-time buyers under 40, withdrawable for a first home up to £450,000 or from age 60.

Cash ISA interest is tax-free, which matters once you have used the personal savings allowance (£1,000 of interest a year for basic-rate taxpayers, £500 for higher-rate, nil for additional-rate). Higher-rate and additional-rate taxpayers with cash savings above roughly £15,000 to £20,000 typically benefit from the ISA wrapper even when the headline rate is slightly lower than a non-ISA equivalent.

NS&I Guaranteed Growth Bonds and Premium Bonds

NS&I (National Savings and Investments) is HM Treasury-backed, so deposits are protected without an FSCS limit. Current NS&I rates:

  • 1-year Guaranteed Growth Bond, Issue 88: 4.07% AER.
  • 2-year Guaranteed Growth Bond: 3.98% AER.
  • 3-year Guaranteed Growth Bond: 4.02% AER.
  • 5-year Guaranteed Growth Bond: 4.05% AER.

NS&I rates run roughly 0.5 percentage points below best-buy commercial fixed bonds, but suit savers above the FSCS £85,000 protection threshold who want the full Treasury guarantee.

Premium Bonds: the April 2026 cut

NS&I cut the Premium Bonds prize fund rate to 3.30% from the April 2026 draw, down from 3.60%. The prize fund rate is the average annualised return assuming average luck on a holding of bonds — it is not a guaranteed yield. Median Premium Bond returns continue to run below the headline prize fund rate because of the prize-distribution skew toward larger jackpots.

Premium Bonds may still suit:

  • Higher-rate and additional-rate taxpayers with substantial cash above the FSCS limit, since prize wins are tax-free.
  • Savers who already hold the £20,000 ISA allowance and want a tax-free home for additional cash.
  • Parents holding bonds for children under 16 (a flexible tax-free vehicle).

For most basic-rate taxpayers under the FSCS limit, a 4.5%+ best-buy easy-access account will out-earn Premium Bonds in expected value, even after tax on the interest.

What the 30 April 2026 MPC decision means for savings rates

The Bank of England Bank Rate is currently 3.75%. If the MPC cuts to 3.50% on 30 April, savings best-buys typically follow within days, with the largest cuts on easy-access accounts. If the MPC holds, best-buy rates may still drift if market expectations of a future cut firm up. If the MPC raises (against current consensus), best-buys move up quickly.

Where to check live best-buy rates