Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Annually
The Rate You'll Get
£1–£24,999
1.00%AER
Includes 0.10% fixed bonus for 12 months; base rate 0.90%
£25,000–£49,999
1.05%AER
Includes 0.10% fixed bonus for 12 months; base rate 0.95%
£50,000–£99,999
1.05%AER
Includes 0.10% fixed bonus for 12 months; base rate 0.95%
£100,000+
1.10%AER
Includes 0.10% fixed bonus for 12 months; base rate 1.00%
How It Stacks Up
Ranks 136th of 152
Easy access accounts we track
This account 1.00%
- UK CPI (Aug 2026)
- 3.10%
- Pays 2.10% less
- Average easy access
- 2.83%
- Pays 1.83% less
- Best easy access
- 5.00%
- Pays 4.00% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 3.55% more than this TSB account
- Instant access, open with £10
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
Worth Weighing Up
- Con: Rate drops to 0.90% after 12 months
- Con: The rate is variable, so it can go down
Good to Know
No withdrawal penalties apply and the account can be closed at any time without charge.
Please verify all details with the provider – see our Disclaimer
See all TSB accounts
