Best savings accounts of the week: Britons told to 'snap up' top interest rates as banks offering 7.5% deals

For the week beginning July 21, 2025, analysts from Moneyfactscompare have compiled a list of the best savings accounts with NatWest and Nationwide Building Society making the ranking.

Britons are being told to "snap up" the best interest rates while they still can, as some banks continue to offer deals of up to 7.5 per cent ahead of likely base rate cuts from the central bank.

Best regular savings accounts:

Here is a list of the best regular savings accounts currently on offer for the week with interest rates attached:

• Principality BS – 7.50 per cent AER / 7.36 per cent Gross
• Zopa – 7.10 per cent AER / 6.87 per cent Gross
• The Co-operative Bank – Seven per cent AER / Gross
• Nationwide BS – 6.5 per cent AER / Gross
• Melton BS – 6.5 per cent AER / Gross
• West Brom BS – Six per cent AER / Gross
• Market Harborough BS – 5.8 per cent AER / Gross
• Skipton BS – 5.75 per cent AER / Gross
• Progressive BS – 5.5 per cent AER / Gross
• NatWest– 5.5 per cent AER / 5.37 Gross.

Best fixed-rate savings accounts

Here is a list of the best savings accounts offering a one-year fixed interest rate:

• GB Bank - 4.58 per cent AER / Gross
• Tandem Bank – 4.52 per cent AER / Gross
• LHV Bank – 4.5 per cent AER / Gross
• Zenith Bank (UK) Ltd – 4.47 per cent AER / Gross
• Union Bank of India (UK) Ltd – 4.457per cent AER / Gross
• Union Bank of India (UK) Ltd – 4.47 per cent AER / Gross
• Vanquis Bank - 4.46 per cent AER / Gross
• Oxbury Bank– 4.45 per cent AER / Gross
• RCI Bank - 4.40 per cent AER / Gross
• Chetwood Bank - 4.40 per cent AER / Gross.

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Best cash ISAs

Here is a list of the best cash ISAs with a one year fixed interest rate attached currently on offer:

• Paragon Bank - 4.28 per cent AER / 4.27 per cent AER
• Tembo Money - 4.27 per cent AER /Gross
• Vida Savings – 4.25 per cent AER / Gross
• Kent Reliance – 4.25 per cent AER / Gross
• Vanquis Bank - 4.25 per cent AER / Gross
• United Trust Bank – 4.25 per cent AER / Gross
• Marsden BS – 4.25 per cent AER / Gross
• Hodge Bank - 4.24 per cent AER / Gross
• Castle Trust Bank - 4.21 per cent AER / Gross
• Cynergy Bank - 4.20 per cent AER / Gross
• Aldermore - 4.20 per cent AER / Gross.

Here is a full list of the best cash ISAs with a variable interest rate attached currently on offer:

• Plum – 4.98 per cent AER / 4.86 per cent Gross
• Moneybox – 4.65 per cent AER / Gross
• Tembo Money – 4.64 per cent AER / 4.54 per cent Gross
• Trading 212 – 4.50 per cent AER / 4.41 per cent Gross
• Marsden - 4.50 per cent AER / Gross
• Moneybox – 4.45 per cent AER / Gross
• Charter Savings Bank – 4.40 per cent AER / Gross
• Principality BS - 4.40 per cent / Gross
• Aldermore – 4.40 per cent AER / Gross
• Kent Reliance – 4.38 per cent AER / Gross.

Best easy access savings accounts

Here is a full list of the best easy access savings accounts without a bonus attached:

• Cahoot – Five per cent AER / Gross
• Atom Bank – 4.75 per cent AER / 4.65 per cent Gross
• Snoop – 4.60 per cent AER / 4.50 per cent Gross
• Cahoot – 4.55 per cent AER / Gross
• West Brom BS - 4.55 per cent AER / Gross
• Coventry BS – 4.50 per cent AER / Gross
• Secure Trust Bank – 4.45 per cent AER / 4.36 per cent Gross
• Kent Reliance - 4.41 per cent AER / Gross
• Kent Reliance - 4.41 per cent AER / Gross
• Newcastle BS – 4.40 per cent AER / Gross

• Chase – Five per cent AER / 4.89 per cent Gross
• Principality BS - 4.55 per cent AER / Gross
• Skipton BS – 4.50 per cent AER / Gross
• Oxbury Bank - 4.48 per cent AER / 4.39 per cent Gross
• Chip – 4.33 per cent AER / 4.25 per cent Gross
• Chip – 4.33 per cent AER / 4.25 per cent Gross
• Cynergy Bank – 4.30 per cent AER / Gross
• Tesco Bank – 4.15 per cent AER / Gross
• Nottingham BS – 4.05 per cent AER / Gross
• Marcus by Goldman Sachs – 4.01 per cent AER / 3.94 per cent Gross

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Adam French, the head of News at Moneyfactscompare, said: "It is essential savers earning less than the level of inflation shop around for better returns immediately after last week’s Consumer Price Index (CPI) figures revealed it is now running at 3.6 per cent, higher than the Moneyfacts Average Savings Rate of 3.51 per cent, meaning many now risk the erosion of their hard-earned wealth.

“The good news for savers is that there are more than 1,000 accounts on the market paying interest above the inflation rate. Some of the best-paying fixed term accounts are paying as well, if not better, than the previous week - including a GB Bank 10-year fix paying 4.58 per cent and a DF capital 2-year fix paying 4.44 per cent.

"Some of the best returns can still be found with easy access accounts, such as Plum’s Cash ISA, which is paying 4.98 per cent, or the Cahoot Sunny Day Saver which is paying five per ecnt on balances of up to £3,000. However, these rates are variable, and they are liable to be cut if the base rate of interest falls as expected this year.

"With the next base rate decision just around the corner it may now be a good time to snap up some of the best deals – or risk missing out."