Most accounts pay less than the rate of inflation so you are guaranteed to lose money in a savings account. However, holding cash is necessary to give you some flexibility to your financial position.
So, taking a look at the best rates around today:
This is Santander’s very popular current account which pays 3% interest on balances between £3,000 and £20,000. There are other features to check before you open it such as minimum monthly payments into the account , as well as a monthly fee. But the interest rate is excellent in these times.
This account pays 1.80% and does accept transfers in from your old Cash ISAs if they need to be moved/are on a lower rate. Do check the withdrawal conditions though.
This account pays 1.75% and again accepts transfers in from your old Cash ISAs.