Easy Access from Cahoot
Protection
FSCS
Up to £120,000
Min balance
£1
Max balance
£500,000
Access
Instant
Interest paid
Monthly/
Annually
Joint accounts allowed.
Please verify all details with the provider – for more info read our Disclaimer
Want to know how much interest you will receive with Cahoot's Simple Saver?
Estimated interest
£1,000 saved
£43.50
At 4.35% AER
£5,000 saved
£218
At 4.35% AER
£10,000 saved
£435
At 4.35% AER
£500,000 saved
£21,750
At 4.35% AER
Estimated over one year, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.
Cahoot's Simple Saver pays 4.35% and is open to new and existing customers alike, with no monthly deposit cap and a low minimum of just £1, so it suits pretty much anyone looking for a flexible home for cash up to £500,000. Withdrawals are handled by online transfer to another account, which is instant enough for most people but worth knowing if you need cash in hand quickly. I would still check the Post Office Online Saver in the alternatives, which edges ahead at 4.40% if squeezing out every basis point matters to you.
Similar accounts from the same category, closest on rate.
DepositScout Alerts
2 minutes ago
A top provider just cut their rate. Here's what you need to know about the latest market shift.
Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.
