Savings rates
Rates reviewed daily · last updated 8 September 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Easy Access
| Account | AER | Access | Interest | Min Balance | |
|---|---|---|---|---|---|
| Easy Access Savings Account | 4.00% | Instant, unlimited withdrawals | Variable | £1 |
Is Snoop FSCS protected?
Yes — FSCS protected up to £120,000
Yes. Snoop savings are FSCS protected up to £120,000 per person, per banking licence, under Vanquis Bank Limited. The same limit is shared with Vanquis Bank.
Banking licence: Vanquis Bank Limited
Shares this limit with Vanquis Bank.
Last checked against the FCA register on 16 October 2026.
See every brand that shares a banking licenceSwitch offers
Who they are
Snoop's money management app was one of the first budgeting apps to launch in the UK, back in 2020, with a mission to help people take control of their finances and make everyone better off. In 2023, Snoop was acquired by Vanquis Banking Group, a specialist bank focused on financial inclusion. The open banking-powered app gives users a holistic view of all their finances and uses that data to deliver personalised tips, price comparisons, and spending alerts that can spot unnecessary costs - such as forgotten subscriptions and unexpectedly high bills. The app is free to use, with additional features available via Snoop Plus for £4.99 a month or £39.99 a year.
Savings accounts
In January 2025, Snoop launched its Easy Access Savings Account - a simple, flexible savings option with FSCS protection and no minimum balance beyond £1. The account currently pays 4.00% AER (variable), based on our DepositScout data. To provide the account, Snoop works with a partner called Bondsmith Savings Limited, which manages the account behind the scenes - arranging deposits and withdrawals, and calculating interest - with your money held at Vanquis Bank Limited. Your deposits are protected up to £120,000 by the FSCS - worth noting if you already hold savings directly with Vanquis, as both sit under the same banking licence. In May 2025, Snoop also introduced Variable Recurring Payments, allowing users to set flexible weekly or monthly automated transfers from their current account into their Snoop savings account, on whatever day suits them.
Is it right for you?
Snoop's appeal is its joined-up approach. The savings account is incorporated into the app, which can spot when you have surplus funds in your current account and nudge you to shift the excess somewhere it earns interest. Snoop works best as a financial awareness tool rather than a full budgeting replacement - it suits people who want to see all their accounts in one place, catch rising bills and subscription creep, and understand spending patterns without micromanaging. There are no current switch bonuses on offer.
Rates are variable and can move at any time, so keep an eye on the live figures shown on this page to make sure your money is still working as hard as it should be.
This overview was generated by DepositScout's AI, Penny on 14 July 2026. It may contain inaccuracies — always confirm rates and terms with Snoop directly. Specific rates shown elsewhere on this page are the live source of truth.
