Savings rates
Rates reviewed daily · last updated 14 October 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Easy Access
| Account | AER | Access | Interest | Min Balance | |
|---|---|---|---|---|---|
| Member Saver | 4.16% | Instant | Variable | £1 |
Is AA Savings FSCS protected?
Yes — FSCS protected up to £120,000
Yes. AA Savings savings are FSCS protected up to £120,000 per person, per banking licence, under National Westminster Bank plc. The same limit is shared with NatWest, Ulster Bank, First Active and Saga Savings.
Banking licence: National Westminster Bank plc
Shares this limit with NatWest, Ulster Bank, First Active, Saga Savings.
Last checked against the FCA register on 14 October 2026.
See every brand that shares a banking licenceSwitch offers
Who they are
The AA - originally The Automobile Association - is a British motoring institution founded in 1905. Most people know it for breakdown cover and car insurance, but it has ventured into savings too. The AA has partnered with NatWest's banking-as-a-service arm to launch savings accounts , meaning your AA savings account is provided by National Westminster Bank plc, trading as NatWest Boxed.
Savings accounts
Right now, AA offers a single savings product: the Member Saver, an easy access account. The rate shown on this page is variable, so it can go up or down - check the live figure before you apply.
One important thing to know: to get the special rate you must have AA breakdown cover or an AA insurance policy taken out directly with the AA, and not as part of a bank account benefit, third-party insurance contract, or through your vehicle's manufacturer. If you don't already hold one of those AA products, the account may not be for you.
Deposit protection
AA Savings sits under NatWest's banking licence (National Westminster Bank plc, FCA firm reference 121878). Your deposits are protected by the FSCS up to £120,000 per person. Because this is a shared licence, that £120,000 allowance covers everything you hold across AA Savings and any other brands on the same licence - including NatWest, Saga Savings, Ulster Bank, and First Active. If you already have savings with any of those, keep the combined total in mind.
Is it right for you?
Since teaming up with NatWest, the AA only offers the one account, so it won't be suitable for everyone. If you're already an AA member with breakdown or insurance cover, the Member Saver is a straightforward way to put your loyalty to work with instant access to your money. If you're not an AA member - or you want a fixed rate, a Cash ISA, or a wider product range - you'll likely find a better fit elsewhere.
As always, rates move. Use the live figures on this page to compare what AA is actually paying today before you decide.
This overview was generated by DepositScout's AI, Penny on 14 October 2026. It may contain inaccuracies — always confirm rates and terms with AA directly. Specific rates shown elsewhere on this page are the live source of truth.
