Protection
FSCS£120,000
Min balance
£1
Max balance
No limit
Access
Instant
Interest paid
Monthly
Rate Tiers
No withdrawals that month
3.00%AER
2.95%/3.00% Gross/AER (variable)
Withdrawal made that month
0.25%AER
0.24%/0.25% Gross/AER (variable)
How It Stacks Up
Ranks 78th of 152
Easy access accounts we track
This account 3.00%
- UK CPI (Aug 2026)
- 3.10%
- Pays 0.10% less
- Average easy access
- 2.83%
- Pays 0.17% more
- Best easy access
- 5.00%
- Pays 2.00% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 1.55% 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
- Pro: Savers who want a monthly income
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
Early closure pays interest to the day before closure at the lower withdrawal rate. At the end of the 12-month term the account switches to an Easy Saver.
Please verify all details with the provider – see our Disclaimer
See all TSB accounts
