Protection
FSCS£120,000
Min balance
£1
Max balance
£500,000
Access
Instant
Interest paid
Monthly
The Rate You'll Get
New customers
Bonus4.13%AER
Includes a 2.13% boost for 12 months
Standard rate (after 12 months)
2.00%AER
How It Stacks Up
Ranks 27th of 160
Easy access accounts we track
This account 4.13%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.03% more
- Average easy access
- 2.87%
- Pays 1.26% more
- Best easy access
- 5.00%
- Pays 0.87% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 0.42% more than this Shawbrook account
- Instant access, open with £10
We may earn a commission if you open this account.
A Good Fit For
- Pro: Savers who want instant access
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: Rate drops to 2.00% after 12 months
- Con: The rate is variable, so it can go down
- Con: Only open to people new to Shawbrook
Good to Know
This account is for new customers only. You (or any joint account holder) must not have held a Shawbrook savings account with in the last 28 days.
Please verify all details with the provider – see our Disclaimer
See all Shawbrook accounts
