What interest rate does the Family Building Society Online Saver pay?

The Family Building Society Online Saver pays 4.15% AER variable.

How much interest could I earn?

Saving £10,000 for 1 year would earn about £415 at 4.15% AER. This assumes the rate stays the same and interest stays in the account.

How much can I pay in?

You can deposit at least £100.

When is interest paid?

Interest is paid annually or monthly.

Who can open this account?

New and existing Family Building Society customers can open it. You can open it online.

Is my money protected?

Yes. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking licence.

How does it compare with other easy access accounts?

At 4.15% AER it ranks 23rd of 152 easy access accounts we track. The best pays 5.00% and the average is 2.83%.

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Easy Access

Family Building Society Online Saver Review

Q: Can I withdraw my money?

Access: £25,000/day withdrawal limit.

One of the best-paying easy access accounts, from Family Building Society. It ranks 23rd of 152 easy access accounts we track.

Rate checked Oct 2026Got this account? Leave a review

Variable rate

4.15%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£100

Max balance

No limit

Access

£25,000/day withdrawal limit

Interest paid

Annually or Monthly

How It Stacks Up

Ranks 23rd of 152

Easy access accounts we track

Among the best

This account 4.15%

UK CPI (Aug 2026): 3.10%; Pays 1.05% more
Average easy access: 2.83%; Pays 1.32% more
Best easy access: 5.00%; Pays 0.85% less

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

A better-paying alternative

Tembo

HomeSaver

4.55%

AER

Pays 0.40% more than this Family Building Society account
Instant access, open with £10

Compare Easy Access Accounts

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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

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Estimated returns with Family Building Society's Easy Access

What you could earn with Family Building Society's Online Saver.

Estimated interest

£1,000 saved

£41.50

At 4.15% AER

£5,000 saved

£208

At 4.15% AER

£10,000 saved

£415

At 4.15% AER

£50,000 saved

£2,075

At 4.15% 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.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Family Building Society Online Saver

Jonny PeaseCo-Founder, DepositScout

Family Building Society's Online Saver pays 4.15%, which sits near the market average for easy access accounts and is 0.85% behind the category leader at 5.00%. It does beat inflation by 1.05% against a CPI of 3.1% (Aug 2026), so your money is growing in real terms, which is the baseline I want to see. The £25,000 daily withdrawal cap is worth noting if you ever need a large lump sum quickly. If you want to stay in easy access, Hampshire Trust Bank's Online Saver at 4.18% or Tesco Bank's Internet Saver at 4.24% are worth a look for a modest improvement.

Compare Easy Access Accounts