Beverley Building Society Instant Access Account Review

An easy access account from Beverley Building Society. It ranks 116th of 152 easy access accounts we track.

Variable rate

1.60%AER

Protection

FSCS£120,000

Min balance

£1

Max balance

No limit

Access

Instant

Interest paid

Annually or Monthly

Rate Tiers

Annual interest (£1+)

1.60%AER

Interest paid annually on 31st December

Monthly interest (£5,000+)

1.56%AER

Monthly interest option; requires balance over £5,000

How It Stacks Up

Ranks 116th of 152

Easy access accounts we track

Well below average
This account 1.60%
UK CPI (Aug 2026)
3.10%
Pays 1.50% less
Average easy access
2.83%
Pays 1.23% less
Best easy access
5.00%
Pays 3.40% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 2.95% more than this Beverley Building Society account
  • Instant access, open with £10

We may earn a commission if you open this account.

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want instant access
  • Pro: Savers who want a monthly income

Worth Weighing Up

  • Con: The rate is variable, so it can go down

Good to Know

You can normally make a withdrawal on demand of cash up to £500 and any amount by cheque or Faster Payment.

Please verify all details with the provider – see our Disclaimer

See all Beverley Building Society accounts

Estimated returns with Beverley Building Society's Easy Access

What you could earn with Beverley Building Society's Instant Access Account.

Estimated interest

£1,000 saved

£16.00

At 1.6% AER

£5,000 saved

£78.00

At 1.56% AER

£10,000 saved

£156

At 1.56% AER

£50,000 saved

£780

At 1.56% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Beverley Building Society Instant Access Account

Jonny PeaseCo-Founder, DepositScout

Beverley Building Society's Instant Access Account pays 1.60%, which is 3.40% below the easy access market leader at 5.00% and sits below the market average, so it is hard to recommend for most savers. At current CPI of 3.1%, the rate is also 1.50% below inflation, meaning your money loses purchasing power in real terms. The account opens with just £1 and allows penalty-free withdrawals, which is straightforward enough, but if you want easy access without sacrificing too much return, Kent Reliance's Branch Easy Access Saver at 3.20% or Tandem Bank's Instant Access Saver at 3.40% are worth a look instead.

Compare Easy Access Accounts

2 alternatives to Beverley Building Society's Instant Access Account

Same type of account, closest on rate.

Common questions about the Instant Access Account

D

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2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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