Savings rates
Rates reviewed daily · last updated 1 October 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Fixed Rate
| Account | AER | Term | Interest paid | Min Balance | |
|---|---|---|---|---|---|
| Fixed Term Savings - 1 Year | 4.25% | 1 Year | On maturity | £1 | |
| Fixed Term Savings - 2 Year | 4.25% | 2 Years | On maturity | £1 |
Easy Access
| Account | AER | Access | Interest | Min Balance | |
|---|---|---|---|---|---|
| Multi Shield Savings | 3.23% | Instant | Variable | £1 |
Cash ISA
| Account | AER | Access | Transfers in | Min Balance | |
|---|---|---|---|---|---|
| Cash ISA | 3.23% | Instant | Accepted | £1 |
Is Sidekick FSCS protected?
Protected via partner banks
Sidekick is not a bank. Its savings accounts are held with partner banks and protected under that bank's licence.
See every brand that shares a banking licenceSwitch offers
Who they are
Sidekick is a savings and investment platform founded in 2022, with the stated aim of offering ordinary retail investors "the financial advantages of the ultra-wealthy."
It was created to modernise wealth management for professionals whose financial needs have outgrown entry-level apps - targeting individuals managing larger balances who want more advanced solutions without the complexity of a traditional private bank.
Sidekick is not a bank in its own right. Its savings accounts are provided by UK regulated banks, and it partners with savings platform Bondsmith to deliver access to multiple banks, each of which holds a full UK banking licence.
Sidekick itself is authorised and regulated by the Financial Conduct Authority (FCA).
Savings accounts
Sidekick currently offers four savings products, all with a minimum opening deposit of just £1.
The Multi Shield Savings account is an easy access, variable rate account with instant access to your money. The 1-Year and 2-Year Fixed Term Savings accounts both carry a fixed rate, with no access until maturity - so they suit money you are confident you will not need to touch. There is also a Cash ISA, which is variable rate with instant access, but carries a bonus on new deposits for the first six months on up to £20,000 - after that the base rate applies. It is worth factoring that drop into your thinking if you are planning to hold for longer than six months.
On FSCS protection, this is where Sidekick differs from a standard bank account. Savings with its partner banks are protected by the FSCS up to £120,000 Sidekick is not a bank. Its savings accounts are held with partner banks and protected under that bank's licence. That said, the exact protection will depend on which partner bank holds your money, so it is worth checking the details when you open an account.
Specific rates for all four accounts are shown live on this page and change over time - always check the current figures before deciding.
Is it right for you?
Non-founding members pay a monthly fee of £2.99 , which is worth weighing up if you are only here for the savings - a no-fee account elsewhere might work out better value depending on your balance. The Cash ISA bonus rate is also only temporary, so watch what the account reverts to after six months.
As always, the live rates on this page are the place to start your comparison.
This overview was generated by DepositScout's AI, Penny on 1 October 2026. It may contain inaccuracies — always confirm rates and terms with Sidekick directly. Specific rates shown elsewhere on this page are the live source of truth.
