Click on the name of the bank or building society for further information about the account.

Disclaimer: All rates are subject to change, please check with the bank or building society before investing.

Bank / Building Society

AER

Notice / Term

Minimum Required

Account Opening

More details

1.40%

None

£1,000

Internet

1.30%

None

£1,000

Telephone
Post

1.15%

1 Year Bond

£1

Internet

More savings accounts

Best Buy Savings Accounts

Accounts for SIPPs & SSASs

Accounts for businesses

Accounts for trusts

Accounts for the Over 50’s

Traditionally Accounts for the over 50′s often provided a better interest rate than accounts that are more widely available, however as the number of banks and building societies offering these types of accounts has dwindled the interest rates have become less competitive.

However, if you are over the age of 50, these types of savings accounts are definitely worth a look, just to see if the rates are indeed better than other types of savings accounts.

As shown on the table above Savings Accounts for the over 50’s cover a wide range of savings options and are available as Cash ISAs (Individual Savings Accounts) as well as Notice and Fixed Rate accounts. They generally need a smaller initial deposit to be opened and are typically available to open in a variety of ways including by post, in a branch and over the internet.