Easy Access

Suffolk Building Society Everyday Saver Review

An easy access account from Suffolk Building Society. It ranks 116th of 152 easy access accounts we track.

Variable rate

1.60%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£10

Max balance

£500,000

Access

Instant

Interest paid

Annually

How It Stacks Up

Ranks 116th of 152

Easy access accounts we track

Well below average
This account 1.60%
UK CPI (Aug 2026)
3.10%
Pays 1.50% less
Average easy access
2.83%
Pays 1.23% less
Best easy access
5.00%
Pays 3.40% less

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

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 2.95% more than this Suffolk Building Society account
  • Instant access, open with £10
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Pros and cons

  • Pro: Savers who want instant access
  • Con: The rate is variable, so it can go down

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Estimated returns with Suffolk Building Society's Easy Access

What you could earn with Suffolk Building Society's Everyday Saver.

Estimated interest

£1,000 saved

£16.00

At 1.6% AER

£5,000 saved

£80.00

At 1.6% AER

£10,000 saved

£160

At 1.6% AER

£500,000 saved

£8,000

At 1.6% 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 Suffolk Building Society Everyday Saver

Jan WatermannCo-Founder, DepositScout

Suffolk Building Society's Everyday Saver pays 1.60%, which is below the market average for easy access accounts and 3.40% behind the category leader at 5.00%. With CPI at 3.1% as of Aug 2026, the rate is also 1.50% below inflation, meaning your money is losing purchasing power in real terms. The account opens from just £10, which suits someone parking a very small emergency fund, but most savers would be better served elsewhere - Tandem Bank's Instant Access Saver, for instance, pays 3.40% with the same instant access.

Compare Easy Access Accounts

2 alternatives to Suffolk Building Society's Everyday Saver

Same type of account, closest on rate.

Common questions about the Everyday Saver

D

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2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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