Easy Access

TSB Spend & Save Savings Pot Review

An easy access account from TSB. It ranks 124th of 152 easy access accounts we track.

Variable rate

1.45%AER

Up to 5.00% on some tiers

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£0

Max balance

£100,000

Access

Instant

Interest paid

Monthly

How It Stacks Up

Ranks 124th of 152

Easy access accounts we track

Well below average
This account 1.45%
UK CPI (Aug 2026)
3.10%
Pays 1.65% less
Average easy access
2.83%
Pays 1.38% less
Best easy access
5.00%
Pays 3.55% less

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

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 3.10% more than this TSB account
  • Instant access, open with £10
Compare Easy Access Accounts

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How Interest Is Paid

You choose how often interest is paid: annually or monthly.

Paid annually

1.45%AER

Paid monthly

5.00%AER

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

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Estimated returns with TSB's Easy Access

What you could earn with TSB's Spend & Save Savings Pot.

Estimated interest

£1,000 saved

£14.50

At 1.45% AER

£5,000 saved

£72.50

At 1.45% AER

£10,000 saved

£145

At 1.45% AER

£100,000 saved

£1,450

At 1.45% 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 TSB Spend & Save Savings Pot

Jonny PeaseCo-Founder, DepositScout

The 1.45% rate here is below the easy access market average and 3.55% behind the category leader at 5.00%, so this is hard to recommend on rate alone. It also sits 1.65% below CPI inflation of 3.1%, meaning your money is losing real value. The account suits existing TSB current account holders who want a tidy in-app savings pot without switching banks, but if rate matters, I would look at Tandem Bank's Instant Access Saver at 3.40% instead.

2 alternatives to TSB's Spend & Save Savings Pot

Same type of account, closest on rate.

Common questions about the Spend & Save Savings Pot

D

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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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