The latest news to help you get the most from your savings account.
Here’s our monthly update sharing changes at leading UK savings accounts, as well as some of the articles you might have missed on the site.
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August’s savings news
No change to the base rate
There won’t be any automatic changes to tracker or variable rate savings following the latest Bank of England base rate decision, as it remained at 3.75%.
There’s still uncertainty from economists and markets about whether there will be a hike this year, so don’t expect much change to fixed rates either.
More new 8% savings accounts
Following Santander’s 8% regular saver launch last month, Lloyds group have hiked their offering to match it. With three banks under this umbrella – Lloyds, Halifax and Bank of Scotland – that’s potentially 8% on a total of £950 of new savings each month.
The new rates apply to new applications. If you have an existing account the terms won’t change. However, since you can’t have more than one monthly saver at a time with each bank that does mean you will also need to wait for your current year to end before getting the higher rate.
All are fixed at 8%, which means the rate can’t change in the year they are open for, and all have a cap of £250. This includes the Club Lloyds monthly saver which used to allow up to £400 a month.
The rules for who can get them are slightly different for each of them. The Lloyds and Bank of Scotland ones require a current account with the respective bank, while the Halifax one is open to anyone. Lloyds customers no longer need to have a Club Lloyds account to access the rate, though confusingly there are two options, a normal and a Club Lloyds option – you can’t get both.
The Lloyds and Bank of Scotland “monthly savers” allow withdrawals, but the Halifax “regular saver” does not.
One final note. The axing of the Halifax brand means over the coming months those accounts will transition over to Lloyds branding. Presumably when this happens the Halifax regular saver will cease to exist. However, exisitng accounts won’t be shut down, so you’ve a small window to open regular savers at both banks. You’ll then have two 8% paying accounts with Lloyds, a work around on the one account limit.
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Plus, new Quidco customers get a high paying £18 welcome offer
August’s savings offers
We’ll share any other deals in our savings deals page if any more come along.
Raisin: £100 bonus
Raisin: £100 welcome bonus
New Raisin customers can get a welcome bonus of £100. To get it, you need to register for a Raisin UK account using the code JULY100, open a fixed rate bond with a term of 1 year or longer and deposit a minimum of £25,000 by 31 July 2026.
The best paying 1 year account on the Raisin website is 4.65%. If you deposit £25,000, you’ll get a £100 bonus, so your effective APR would be 5.05%.
The offer is only for new customers and terms and conditions apply.
Can you earn extra on your savings?
Check out our list of the best savings special offers
Featured investing offer
Customer rating
3.8/5
- Offerfree £50 in fractional shares*
- Annual fee£0
- Investment stylesShares, funds or ready-made portfolios
- Minimum deposit$50
- FSCS Protected? Yes
- Interest on uninvested cash 3% on balances up to $50,000, 3.8% on balances over this
- Fractional shares Yes
- Foreign exchange fee 0.7%
- Fund fees If you invest in funds, you'll have to pay fund fees, which cost on average ~0.16% per year, with additional market-spread effects up to 0.05%
- Offer You need to sign up, verify your account and deposit at least £200 to get the free assets. ISA deposits aren't included in the £200 requirement to get the offer.
- Authorised and regulated by the Financial Conduct Authority Yes, FRN 583263
- Risk warning The value of your investments may go up or down. Your capital is at risk. ISA powered by Moneyfarm. ISA rules apply. UK residents only.
- Accounts available General investment account, stocks and shares ISA (additional fees apply)
Top savings accounts for August 2026
Remember, these are the accounts at the top of the tables. We’ve more options in our best savings accounts page, which is updated every day by the team.
Easy & limited access picks as of 30/7/26
| Bank | Account | Rate | Notes |
| Top easy access requiring a current account | — | — | — |
| Santander | Edge Saver | 6% AER variable, includes 2.5% bonus for 12 months | max £4,000 Needs Edge current account (£3 monthly fee) |
| Chase | Saver | 4.5% AER variable, includes 2.25% bonus for 12 months | New customers only |
| Top easy access with balance restrictions | — | — | — |
| Cahoot | Sunny Day Saver | 5% AER variable | max £3,000 One year only |
| Tembo | Home Saver | 4.55% AER variable includes 12 month bonus | max £20,000 must keep at least £1 in account for 12 months |
| Saga | Easy Access | 4.5% AER variable includes 12 month bonus | New customers only max £250,000 |
| Top non digital account | — | — | — |
| Mansfield Building Society | Triple access saver | 4.325 AER variable | Only three withdrawals a year Apply by post or branch |
| Top easy access without restrictions | — | — | — |
| Cahoot | Simple Saver | 4.32% AER variable | max £500,000 Rate lasts one year |
Fixed savings accounts picks as of 30/7/26
| Bank | Rate | Notes |
| Top 6 month fix | — | — |
| Zopa | 4.5% AER | |
| Top 12 months fix | — | — |
| GB Bank via Raison | 5.15% equivalent (4.75% + £100 bonus on £25,000 balance | New customers by 31 July. Must use code / go via our link |
| GB Bank | 4.92% AER fixed | |
| Top 18 months fix | — | — |
| Close Brothers via Hargreaves Lansdown | 4.61 AER fixed | |
| Top 2 year fix | — | — |
| Atom | 4.85% AER fixed | |
| Top 3 year fix | — | — |
| Investec | 5% AER fixed | |
| Top 4 year fix | ||
| Thisbank | 4.61% AER fixed | |
| Top 5 year fix | — | — |
| Atom | 5% AER fixed |
Fixed savings accounts picks for non digital applicants as of 30/7/26
If you don’t want to use online banking or apps, then these accounts pay the best for phone and post applications. You might find higher paying options that are branch only for local banks and building societies.
| Bank | Rate | Notes |
| Top 12 months fix | — | — |
| UBL | 4.68% AER fixed | Online, post or branch |
| Top 18 month fix | — | — |
| Skipton Building Society | 4.51% AER fixed | Online, post, in branch or phone |
| Top 2 year fix | — | — |
| Furness Building Society | 4.7% AER fixed | Online, post, phone or branch |
| Top 3 year fix | — | — |
| ICICI | 4.6% AER fixed | Online, phone or branch |
| Top 5 year fix | — | — |
| Furness Building Society | 4.75% AER variable | Online, post, phone and branch |
Regular Saver accounts picks as of 30/7/26
| Bank | Rate | Notes |
| Requires a current account (12 months) | — | — |
| Lloyds | 8% AER fixed | Max £250 a month |
| Bank of Scotland | 8% AER fixed | Max £250 a month |
| Santander | 8% AER variable | Max £200 a month |
| Open to all | — | — |
| Halifax | 8% AER fixed | Max £250 a month |
| Monmouthshire Building Society | 6% AER fixed | Max £500 a month |
The best monthly savings accounts
Check out our list of the highest paying regular or monthly savings accounts.
ISA: Easy access picks as of 30/7/26
| Bank | Rate | Notes |
| Top rates with no bonus | ||
| Hargreaves Lansdown (powered by Shawbrook) | 4.65% | |
| Trading 212 | 4.51% including bonus (via our link only) | Flexible New customers only |
| Top for transfers | ||
| Chip | 4.4% | New customers only |
| Kent Reliance | 4.24% | |
| Top for non-digital | ||
| Progressive Building Society | 4.2% | Allows transfers Double access Online, post or branch |
ISA: Fixed savings ISAs picks as of 30/7/26
| Bank | Rate | Notes |
| Top 12 months fix | — | — |
| AlRayan via Meteor | 4.7% expected return fixed | |
| Top 2 year fix | — | — |
| RCI | 4.8% AER fixed | |
| Top 3 year fix | — | — |
| Tandem | 4.78% AER fixed | |
| Top 5 year fix | — | — |
| Tandem | 4.81% AER fixed |
ISA: Fixed savings ISAs for non-digital picks as of 30/7/26
| Bank | Rate | Notes |
| Top 12 months fix | — | — |
| Coventry Building Society | 4.6% AER fixed | Online, post, phone or branch |
| Top 2 year fix | — | — |
| Furness Building Society | 4.7% AER fixed | Online, phone, post or branch |
| Top 3 year fix | — | — |
| Skipton Building Society | 4.55% AER fixed | Online, post, phone or branch |
| Top 5 year fix | — | — |
| Furness Building Society | 4.75% AER variable | Online, phone, post or branch |
Lifetime ISA: Cash picks as of 30/7/26
| Bank | Rate | Notes |
| Moneybox | 4.8% AER fixed | Includes one year bonus for new customers |
| Plum | 4.75% AER fixed | Includes one year bonus for new customers |
The best Easy Access Cash ISA savings accounts
Check out our list of the highest paying easy access Cash ISAs
