Best UK Money Deals & Savings Accounts – May 2025 Guide

Welcome to Financielle Money Deals – a monthly guide to the best deals in the UK so you can make the most of your money. We keep this guide updated monthly, so click the save button so it’s easy for you to find.

All information correct as at 29 April 2025

During March, the Bank of England held the base rate at 4.50% The next meeting is set for Thursday 8 May 2025.

First Direct –  £175 Bonus

• Open a 1st Account & switch with 2 direct debits/standing orders
• Pay in £1,000 (must stay for 24 hours)
• Use the debit card 5 times + log into the app
• Must be new to First Direct & HSBC (since 2018)
• Bonus paid by the 20th of the following month
  Click here for more info

NatWest –  £150 Bonus

• Open/switch to a Reward Current Account
• Pay in £1,250 (must stay for 24 hours)
• Log into the app
• Bonus paid within 30 days
• Click here for more info

Barclays Rainy Day Saver – 4.87% interest (up to £5,000) → Drops to 4.61% on 6 May 2025. Requires Barclays Blue Rewards (£5 monthly fee). Click here for more info.

Santander Edge Saver – 6% interest (up to £4,000 for 12 months, you must have a Santander Edge Current Account) + 1% cashback on bills, groceries & travel (£3 monthly fee). Click here for more info.

Santander Edge Up –  3.50% interest (up to £25,000) → Drops to 2.50% on 28 April 2025. + 1% cashback on bills, groceries & travel (£5 monthly fee). Click here for more info.

Santander Regular Saver – 5% fixed for 12 months. Save up to £200/month, earn £65.01 interest in a year. Click here for more info.

*The Trading 212 Cash ISA  is a firm favourite amongst the Financielle team and community

When investing your capital is at risk

Nationwide FlexDirect

Flex Regular Saver: 6.50% (up to £200/month)

1 Year Fixed Rate Cash ISA: 4.00%

1 Year Fixed Rate Online Bond: 4.00%

✨ If you have a Nationwide current account, mortgage or savings account (£100+), you might receive a £100 Fairer Share payment (as in 2023 & 2024).

Go to Nationwide

Lloyds

Switching bonus is gone, but these classic accounts still offer great interest rates:

Club Lloyds Monthly Saver 6.25%

• Save £25 – £400/month
• Withdrawals allowed, £400/month (no withdrawals) gives £150 interest in a year

Monthly Saver 5.25% interest (fixed for 12 months)

• Save £25 – £250/month, £250/month gives £78.75 interest in a year

Fee Alert: Club Lloyds account fee rises from £3 to £5 (June 2025), waived if you deposit £2,000/month

Go to Lloyds

HSBC

• Fixed Rate Cash ISA: 4.10% (up to 13 months, for current account holders)
• Fixed Rate Savings: 4.10% (1 year, no instant access)
• Fixed Rate Savings: 3.90% (2 years, no instant access)

Online Bonus Saver

• Up to £50,000: 4.00% interest
• Over £50,000: 1.50%

Go to HSBC

TSB

• Cash ISA: 4.05% (18 months)
• Instant Access: Up to 6.00% (12 months)
• Fixed Rate Bond: 4.15% (12 months)

Go to TSB

Co-op Bank

• 1 Year Fixed Rate Cash ISA: 3.93% (min. £5,000 deposit)
• 2 Year Fixed Rate Cash ISA: 3.75% (min. £5,000 deposit)
• 1 Year Fixed Term Deposit: 3.84% (annual interest) or 3.87% (monthly interest)

Go to Co-op

Virgin Money

M Plus Current Account: 1.00% interest (up to £1,000)

• Linked Savings: 2.25% (up to £25,000)
• Defined Access E-Saver: 4.06%
• 1 Year Fixed Rate Cash E-ISA: 4.10% (fixed until April 2026)

Go to Virgin Money

Kroo

Current Account Interest Rate: 3.40% (paid monthly)

• No monthly fees
• Interest tracks 1.10% below BoE base rate (currently 4.50%)

Go to Kroo

Halifax

Reward Current Account

• Choose between £5 cash/month, a cinema ticket, digital movies or magazines
• Fee: £3/month (waived if you deposit £1,500/month)

Regular Saver 5.50% interest (12 months)

• Save £25 – £250/month, £250/month earns £82.50 interest

Go to Halifax 

Chase Bank

Round-Up Account: Linked 5% interest

• 1% Cashback (changed April 2025: only on supermarkets, fuel & transport)

Chase Saver: Now 1.50% below BoE base rate (currently 3.00%)

Bank of Scotland

• Monthly Saver: 5.50% interest
• 1 Year Fixed Cash ISA: 4.00%
• 2 Year Fixed Cash ISA: 3.85%
• Advantage ISA Saver: 3.50%

Go to Bank of Scotland

Moneybox

• Stocks & Shares ISA: 3.25% interest (paid monthly)
• Cash ISA: 5.71% (including a 1.51% bonus for 3 months)
• 95 Day Notice Account: 4.55% (monthly interest)

Go to Moneybox 

Starling

• Easy Saver (NEW!): 4.00% interest

Go to Starling

Raisin

Not a current account, but offers competitive savings rates:

Fixed Rate Bonds (Deposit: £5,000)

• Ziraat Bank: 4.50% (1 year)
• Al Rayan Bank: 4.47% (9 months)

Easy Access (Deposit: £5,000)

• Monument Bank: 4.32%
• LHV: 4.28%

Go to Raisin

NS&I

• Premium Bonds Prize Rate: 3.80% (from April 2025)
• Direct Saver: 3.30% (from March 2025)
• Green Savings Bond (3 Years): 2.95%

Go to NS&I 

Monzo

• Instant Access: 3.50%
• Instant Access Cash ISA: 3.50%

Go to Monzo

Chip

• Easy Access Saver: 3.56% (only 3 free withdrawals)
• Instant Access: 3.50%
• Cash ISA: 4.32%

Some charges apply, so check their terms ⬇️

Go to Chip

  Tandem

• Instant Access: 4.15% (includes 0.25% bonus for 12 months)
• Fixed Rate Accounts Available

Go to Tandem

Scottish Friendly

• Award winning ‘Best Junior ISA provider’
• Invest from £20 a month
• Pay in £50 lump sum

Go to Scottish Friendly Junior ISA

Starling Kite (for 6 to 15 year olds)

• Instant phone notifications when your child spends
• Smart money tools
• Kids version of the App

Go to Starling Kite

Go Henry

• Smart features that let kids learn every day
• Gamified money lessons
• Smart parental controls
• Learn to earn (set up tasks app, children can earn extra pocket money)

GoHenry

Rooster

• Get £5 free with promo code: ROOSTERS
• Flexible parental controls

Rooster Money
TSB – Junior ISA

• Earn up to 3.55% tax free
• Open with just £1
• Save up to £9,000 each year

TSB Bank – Junior ISA

TSB – Young Saver (under 16)

• Earn up to 3.15% AER
• Instant access
• Maintain control of the account until the child turns 16

TSB Bank – Children’s Savings Accounts

Financielle Money Deals

May 2025

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