The Four Access Saver (Online) (2) sits in the easy access product tables but it only allows savers to make four withdrawals per year. Any additional withdrawals result in a 50-day loss of interest penalty on the amount taken out.

The launch comes amid a fast-moving savings market which has seen many new accounts launched and providers pushing up rates following the Bank of England’s 13 consecutive base rate hikes.

Here we look at the rest of this week’s best savings accounts, according to Moneyfacts.

This week’s best savings accounts

The new market-leader in the easy access tables is the Coventry’s Four Access Saver (Online) (2) account, which can be opened with £1. It pays 4.50% AER for annual interest or 4.41% gross for monthly interest. It can only be opened and managed online.

The number one spot for fixed rate accounts goes to the FirstSave 1 Year Fixed Rate Bond (Jul23) paying 6.10% AER. It can be opened online with £1,000 and also managed by post or telephone. It is closely followed by the Atom Bank 1 Year Fixed Saver paying 6.05% AER on a minimum of £50.

For two-year fixed accounts, the FirstSave 2 Year Fixed Rate Bond (Jul23) comes out top paying 6.15% AER on a minimum of £1,000. It’s followed by the Investec Bank plc Raisin UK – 2 Year Fixed Term Deposit which pays 6.06% AER on a minimum of £1,000. Early access or withdrawals are not allowed. It can be opened online and also managed by post or phone.

If you want to put your money away for longer, the best three-year fixed account is the Investec Bank plc Raisin UK – 3 Year Fixed Term Deposit which pays 6.06% AER on a minimum of £1,000. Early access or withdrawals are not allowed. It can be opened online and also managed by post or phone.

The best easy access cash ISAs

Paying 4.20%, the Principality BS Online ISA is top of the tables for easy access ISAs this week. The online account can be opened with £1.

The next best are the following:

1. Coventry BS’s Limited Access ISA (Online) (4): paying 4.10% (or 4.09% with monthly interest) this online account can be opened with £1. It allows six withdrawals per year.
2. Chorley Building Society’s Easy Access Cash ISA (3 Withdrawals): paying 4.05% on a minimum of £1, this account can be opened and managed online, in person, or by post. It allows three withdrawals per year.
3. Paragon Bank’s Triple Access Cash ISA – Issue 13: also paying 4.05% on a minimum of £1, this account can be opened and managed online.

The best notice ISAs

The 180-day notice ISA from Loughborough BS pays 4.70% on a minimum deposit of £20,000. It allows withdrawals but this will result in a 180-day loss of interest. It can be opened and managed in a branch or by post, and interest can be paid away or compounded.

The next best accounts are the following:

1. Teachers BS’ Cash ISA Notice 120 (Issue 1): paying 4.25% on a minimum of £1,000 this account can be opened online or by mail and also managed by phone.
2. Newcastle BS’ 100 Day Notice Cash ISA (Issue 1): paying 4.05% on a minimum of £1, this account can be opened online or in a branch and also managed by post or phone.
3. Skipton BS’ 60 Day Notice Cash ISA Issue 1: paying 4.05% this account can be opened with £1, on the phone, by post, or in a branch.

The best fixed rate ISAs

The market-leader is currently the Leeds BS 1 Year Fixed Rate Cash ISA (Issue 189) which pays 5.50% on a minimum of £100 at maturity. It can be opened online, in a branch or by post but can’t be managed online.

Interest can be paid away or compounded and early access is allowed but results in a loss of interest penalty of 60 days.

The next-best accounts are the following:

1. Bank of Scotland’s Fixed Cash ISA: in the second spot this account pays 5.45% on a minimum of £500. It can be opened and managed online, in a branch, by phone or on the bank’s app. Early access will result in  90-day loss of interest penalty.
2. Zopa Smart ISA – 2 Year Fixed Term ISA: paying 5.56% this two-year fixed rate account can be opened and managed through the bank’s app. Early access will result in a 180-day loss of interest penalty.
3. Leeds BS 2 Year Fixed Rate Cash ISA (Issue 183): paying 5.55% this account can be opened with £100 and early access will result in a 150-day loss of interest penalty. It can be opened online, in a branch or by post. The building society is also in the top spot for three-year ISAs, paying the same rate of interest.

The best notice savings accounts

The Bank of London and The Middle East 90 Day Notice Account (Issue 5) is top for notice accounts this week paying an expected profit rate of 5.25%. It can be opened online with £10,000.

If you prefer a shorter notice period, there is the RCI Bank E-Volve Savings 14 Day Notice Account which pays 4.30% on a minimum of £1,000.