The latest savings deals from Moneyfacts reveal a growing trend for banks to limit how often you can withdraw money from an “easy access” account.

The best easy access rate available this week is Paragon Bank’s new Double Access Savings Account – Issue 1. This online-only account pays 4.60% AER monthly or on anniversary after opening, with a minimum deposit of £1,000.  However, only two penalty-free withdrawals are permitted per 12-month period. Any further withdrawals will result in a lower rate of 1.50% AER being paid.

Paragon’s account replaces Chorley Building Society’s Easy Access Saver (1 Withdrawal) at the top of the table. This account was withdrawn last week. It paid 4.65% but savers could only make one withdrawal per year before seeing their interest rate slashed.

For true easy access, Charter Savings Bank’s Easy Access – Issue 42 pays 4.55% AER. While it requires a larger deposit of £5,000, this account places no limit on the number of penalty-free withdrawals you can make.

One and two-year fixed rate bonds

Atom Bank currently offers the best rate for a one-year bond; its 1 Year Fixed Saver pays 6.05% AER either monthly or on anniversary. Operating in-app only, a minimum deposit of £50 is needed to open this account.

For a slightly longer term, both Beehive Money and Melton Building Society offer two-year fixed bonds paying 6.10% AER yearly.

The Two Year Bond Issue 7 from Beehive Money can be opened and managed online or by mobile app with deposits starting from £500.

Melton Building Society has two accounts offering 6.10% AER – its Fixed Rate Savings to 22 October 2025 and its Online Fixed Rate to 22 October 2025. The Fixed Rate Savings account can be opened and managed in branch or by post with a minimum deposit of £1,000. Meanwhile, its online counterpart requires a larger opening deposit of £5,000.

Three and five-year fixed rate bonds

RCI Bank UK continues to provide the best rates for three and five-year bonds this week with its Fixed Term Savings Accounts paying 6% AER and 5.80% AER respectively.

These rates can be beaten by shorter-term bonds but may be worth a punt if you think interest rates will fall in the next few years.

Both accounts can be opened online with a minimum initial deposit starting from £1,000. Interest is paid out either on anniversary or on a monthly basis.

Also offering a rate of 5.80% AER for a five-year fixed bond are Principality Building Society and United Trust Bank.

Notice accounts

Dudley Building Society has increased the rate paid by its 90 Day Notice and 90 Day Notice Online accounts, alongside launching new 30 and 60-day options.

As a result, these accounts top Moneyfacts’ charts for accounts needing up to 30 days’, 60 days’ and 90 days’ notice. Paying 4.50% AER, 4.90% AER and 5.35% AER respectively on a yearly basis, these accounts each require a deposit of £1,000 to open.

Alternatively, Bank of London and The Middle East (BLME) also has a 90-day notice account which offers 5.35% AER. As a Shari’ah compliant bank, its 90 Day Notice Account (Issue 5) pays this rate in expected profit, rather than interest, on a quarterly basis. In order to open and manage this account online, you’ll need a minimum deposit of £10,000. Withdrawals must be from a minimum of £1,000 and you’ll need to provide 90 days’ notice before having access to your cash.