SavingsIt is a pretty disappointing exercise, looking for the best UK savings accounts. Just about all of them guarantee to lose you money by saving in to them. The interest rate they pay is less than the current rate of inflation so over time your money effectively reduces in value. The most consistent hedge against inflation remains investing in shares.

Nevertheless it is important to retain some cash to ensure that your overall financial position remains flexible. So, holding cash is a necessary evil for the greater good of being able to sleep at night, even if it does cost us money.

Here is a round up of some of the top easy access savings accounts:

1.60% – Kent Reliance

1.50% – AA

1.30% – Tesco

Or, if you are happy to meet the requirements of these current accounts:

3.00% – Santander

3.00% – Lloyds Bank


Blog by Jaskarn Pawar

Jaskarn Pawar is an experienced and award winning Chartered and Certified Financial Planner. He advises people all over the UK on financial planning and wealth management issues to help them reach solutions to fit their personal needs. You can contact Jaskarn on 01604 211234 or by e-mail on