Leaving your money languishing in a low-paying savings or current account means you could be missing out on valuable interest. With the cost-of-living crisis raging on and inflation continuing to dampen your spending power, it’s more important than ever to make every penny count.

Savings interest rates have been rising off the back of 13 consecutive Bank of England base rate hikes and according to Anna Bowes, co-founder of Savings Champion, the end could now be in sight.

Bowes said: “Best buy rates have continued to increase over the past month – but there is a definite feeling that things are slowing down in the fixed term bond market. In fact, the top shorter-term bond rates on offer have actually fallen from a higher level earlier in the month. The longer-term bonds continue to pay less than the shorter term, indicating that the markets expect the base rate to peak shortly, then start to fall again over the coming years.

“Other good news is that fixed term ISA rates are still rising, and the top rates are the highest we’ve seen in decades. And because bond rate increases have slowed, the gap between the top bond rates and the equivalent top fixed term ISA rates is at its narrowest for years. This is particularly good news because savers are using up their Personal Savings Allowance with far lower deposits and therefore cash ISAs are important and valuable once again.”

Below Savings Champion lists all the top paying accounts from easy access savings to fixed rate bonds, notice accounts to ISAs:

Easy access accounts

4.63% Shawbrook Easy Access Account (Issue 36) – minimum deposit £1,000. Apply and access online.

4.6% Paragon Bank Double Access Account (Issue 1) – minimum deposit £1,000. Apply and access online. If more than two withdrawals are made in a 12-month period, the rate payable will drop to 1.5% from the date of the third withdrawal, with the 12 month period resetting on the anniversary of the account opening date.

4.6% The Nottingham Bonus Saver August 2024 – minimum deposit £1,000. Apply online. Access online or by telephone. You can make unlimited withdrawals without notice or loss of interest, providing you keep at least £1,000 in your account at all times.

4.56% OakNorth Bank Easy Access Limited Edition Account (Issue 3) – minimum deposit £20,000. Apply and access online.

4.55% Cynergy Bank Online Easy Access Account (Issue 64) – minimum deposit £1. Apply and access online. Rate includes a 1.34% bonus for the first 12 months.

Notice accounts

5.45% Dudley BS 120 Day Notice – minimum deposit £1,000. Apply and access in branch on by post. Withdrawals are subject to 120 days’ notice or loss of interest.

5.35% Dudley BS 90 Day Notice – minimum deposit £1,000. Apply and access in branch on by post. Withdrawals are subject to 90 days’ notice or loss of interest.

5.35% BLME 90 Day Notice Account (Issue 5) – minimum deposit £10,000. Apply online. Access online or via email. Withdrawals are subject to 90 days’ notice only; no earlier access is allowed. The rate is not guaranteed, in order to comply with Sharia Law the rates listed are an expected profit rate.

5.3% Charter Savings Bank 120 Day Notice (Issue 28) – minimum deposit £5,000. Apply and access online. Withdrawals are subject to 120 days’ notice only; no earlier access is allowed.

5.3% Buckinghamshire BS Gold 195 Day Cash Notice – minimum deposit £20,000. Apply and access in branch or by post. Withdrawals are subject to 195 days’ notice or loss of interest.

One-year fixed term bonds

6.05% Atom Bank 1 Year Fixed Saver – minimum deposit £50. Apply via mobile app. No access within the term.

6.02% Charter Savings Bank 1 Year Fixed Rate Bond – minimum deposit £5,000. Apply online. No access within the term.

6.01% Raisin UK 1 Year Fixed Term Deposit (provided by National Bank of Egypt UK ltd) – minimum deposit £10,000. Apply online. No access within the term.

Two-year fixed term bonds

6.05% United Trust Bank 15 Month Bond – minimum deposit £5,000. Apply online. No access within the term.

6.05% OakNorth Bank 18 Months Fixed Term Savings Account – minimum deposit £1. Apply online. No access within the term.

6.05% Hampshire Trust Bank 2 Year Bond (Issue 83) – minimum deposit £1. Apply online. No access within the term.

Three-year fixed term bonds

6.1% Melton BS Fixed Rate Savings to 22 October 2025 – minimum deposit £1,000. Apply in branch or by post. No access within the term.

6% RCI Bank 3 Year Fixed Term Savings Account – minimum deposit £1,000. Apply online. No access within the term.

5.96% OakNorth Bank 36 Months Fixed Term Savings Account – minimum deposit £1. Apply online. No access within the term.

Five-year fixed term bonds

5.8% RCI Bank 5 Year Fixed Term Savings Account – minimum deposit £1,000. Apply online. No access within the term.

5.8% United Trust Bank 5 Year Bond – minimum deposit £5,000. Apply online. No access within the term.

5.75% Hampshire Trust Bank 5 Year Bond (Issue 32) – minimum deposit £1. Apply online. No access within the term.

Easy access cash ISAs

5% The Loughborough BS 180 Day Notice Cash ISA – minimum deposit £3,000. Apply and access in branch or by post. Withdrawals are subject to 180 days’ notice or loss of interest. Transfers are allowed.

4.75% The Loughborough BS 120 Day Notice Cash ISA – minimum deposit £3,000. Apply and access in branch or by post. Withdrawals are subject to 120 days’ notice or loss of interest. Transfers are allowed.

4.33% Shawbrook Easy Access Cash ISA Account (Issue 25) – minimum deposit £1,000. Easy access. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

4.3% Chorley BS Easy Access Cash ISA (Two Withdrawals) ‒ minimum deposit £1. Apply and access in branch, online or by post. Two withdrawals permitted per account year (1st January to 31st December). Additional withdrawals will result in a lower rate of interest. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

4.3% Charter Savings Bank Easy Access Cash ISA (Issue 39) ‒ minimum deposit £5,000. Apply and access online. Easy access. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year.

One-year fixed term cash ISAs

5.71% Shawbrook 1 Year Fixed Rate Cash ISA Bond (Issue 79) – minimum deposit £1,000. Apply and access online. Withdrawals are allowed, subject to 90 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year.

5.7% NatWest Fixed Rate ISA – 1 Year (Issue 326) – minimum deposit £1,000. Apply in branch (with a mobile or tablet), mobile, online, telephone. Access in branch or by telephone. Access on closure only, subject to 90 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year. The maturity date is 04/09/2024.

5.7% RBS Fixed Rate ISA – 1 Year (Issue 326) – minimum deposit £1,000. Apply in branch, mobile (with a mobile or tablet), online, telephone. Access in branch or by telephone. Access on closure only, subject to 90 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year. The maturity date is 04/09/2024.

Two-year fixed term cash ISAs

5.9% NatWest Fixed Rate ISA 2 Year (Issue 327) – minimum deposit £1,000. Apply in branch (with a mobile or tablet), mobile, online, telephone. Access in branch or by telephone. Access on closure only, subject to 90 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year. The maturity date is 04/09/2025.

5.9% RBS Fixed Rate ISA – 2 Year (Issue 327) – minimum deposit £1,000. Apply in branch, mobile (with a mobile or tablet), online, telephone. Access in branch or by telephone. Access on closure only, subject to 90 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is a portfolio ISA – so you can open more than one type of cash ISA with the provider (e.g. fixed and variable) in the same tax year. The maturity date is 04/09/2025.

5.61% Virgin Money 2 Year Fixed Rate Cash E-ISA (Issue 610) – minimum deposit £1. Apply and access online. Withdrawals are allowed, subject to 90 days’ loss of interest. The maturity date is 24/08/2025. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

Three-year fixed term cash ISAs

5.56% Zopa 3 Year Fixed Term Smart ISA – minimum deposit £1. Apply online. No access within the term. Interest is paid into the account on a monthly basis. Transfers in are not permitted. This is a flexible ISA.

5.55% Close Brothers Savings 3 Year Fixed Rate Cash ISA – minimum deposit £10,000. Apply online. Withdrawals are allowed, subject to 270 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

5.51% Shawbrook 3 Year Fixed Rate Cash ISA Bond (Issue 49) – minimum deposit £1,000. Apply online. Access online, by telephone or by email. Withdrawals are allowed, subject to 270 days’ loss of interest. On maturity, the account is transferred to the Cash ISA Matured Funds account. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

Five-year fixed term cash ISAs

5.26% Zopa 5 Year Fixed Term Smart ISA – minimum deposit £1. Apply via mobile app. Access within the term on closure only subject to a penalty of 365 days’ loss of interest. Transfers in are not permitted. To open a Smart ISA, you’ll need to have open a Zopa Smart Saver account and deposit a minimum of £1. You can do this in the Smart Savings Hub.

5.25% Close Brothers Savings 5 Year Fixed Rate Cash ISA – minimum deposit £10,000. Apply online. Withdrawals are allowed, subject to 365 days’ loss of interest. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

5.22% Shawbrook 5 Year Fixed Rate Cash ISA Bond (Issue 41)– minimum deposit £1,000. Apply online. Access online, by phone or email. Withdrawals are allowed, subject to 360 days’ loss of interest. On maturity, the account is transferred to the Cash ISA Matured Funds account. Transfers in are allowed. This is not a flexible ISA. This is not a portfolio ISA.

Related: How to earn 7.5% without tying up your money for years