Best easy access savings accounts right now – savers can earn up to 5.3 per cent

Easy access savings accounts allow customers to put money in and withdraw it at their leisure.

It means if the customer wants to dip into the pot of money, they won’t have to pay a fee for withdrawing money.

That said, not all easy savings accounts offer instant access – there could be a period of time to wait to withdraw the money and access might not be unlimited.

Most easy access accounts have variable interest rates, meaning the rate being offered can change at any time.

While the rules between different accounts will vary, GB News has compiled a list of the top 10 easy access savings accounts ranked by highest interest rate right now, according to MoneySuperMarket.

Chorley Building Society is at the top of the list with its North West Easy Access Saver (1 Withdrawal) offering 5.3 per cent AER, although eligibility rules apply.

NatWest Group’s Ulster Bank Limited with its Loyalty Saver currently has an interest rate of 5.2 per cent AER (variable).

There is a minimum deposit of £5,000, in order to open the account.

Coventry Building Society's Triple Access Saver (Online) offers three penalty-free withdrawals and an interest rate of 5.2 per cent AER (variable).

Cynergy Bank takes the next place with the Online Easy Access Account (Issue 68). This account currently offers 5.15%, including a bonus.

Up next is Skipton Building Society, which is currently offering 5.15 per cent AER variable via the Branch Single Access Saver Issue 1 and Single Access Saver Issue 1.

LATEST DEVELOPMENTS:

• Top interest rates on regular savings accounts offer up to eight per cent
• NS&I pulls ‘market-leading’ savings option after thousands secured high rate
• HSBC UK increases interest rate on savings account to 5.7 per cent

Best easy access savings accounts

• Chorley Building Society North West Easy Access Saver (1 Withdrawal) - 5.3 per cent
• Coventry Building Society Triple Access Saver (Online) - 5.20 per cent
• Ulster Bank Loyalty Saver – 5.2 per cent AER variable
• Cynergy Bank Online Easy Access Account (Issue 68) - 5.15 per cent (including bonus)
• Skipton Building Society Branch Single Access Saver Issue 1 - 5.15 per cent
• Skipton Building Society Single Access Saver Issue 1 - 5.15 per cent
• cahoot cahoot Simple Saver (Issue 2) - 5.12 per cent
• Virgin Money Defined Access E-Saver Issue 19 - 5.12 per cent
• Shawbrook Bank Easy Access Issue 36 - 5.11 per cent
• Beehive Money Limited Issue Easy Access - 5.10 per cent (including bonus)
• Secure Trust Bank Access Account (Issue 9) - 5.10 per cent