Martin described the Help to Save account as “unbeatable” compared to other savings accounts. If you’re eligible for Help to Save, you’re getting 50% interest back on your cash, up to the limits mentioned above. Elsewhere, the top paying easy-access account right now is from Virgin Money, paying 1.56% on deposits up to £25,000.
You’ll get a higher return on your money if you can afford to lock your cash away for a period of time. The best-paying notice savings account right now is from DF Capital, paying 1.7% and with a withdrawal notice period of 120 days. The top one-year fixed account pays 2.4% and is from Investec, while a five-year fix from PCF Bank offers a 2.9% interest rate.
Distribution Finance Capital Holdings plc (LON:DFCH) is UK specialist commercial lending and personal savings bank. From straightforward savings to practical finance solutions, our aim is to help customers manage and grow their business or savings. Founded as a specialist commercial lender in 2016, DF Capital was authorised as a bank in September 2020.