The best bank switching offers (May 2026)

The best cash incentives available when you switch banks right now

We’ll update this page as new offers appear, though you should check the terms and conditions at each bank before you begin to ensure they haven’t changed.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Featured cashback offer
Sponsored
Customer rating 4.3/5
Editor's comment
Subscribers to our newsletter can get an exclusive £15 welcome bonus when joining Quidco and spending £10
  • Bonus
    £15
  • Requirement
    Subscribe to our newsletter
  • Minimum spend
    £10
  • Offer details Subscribers of our weekly newsletter can get a an exclusive £15 first-time bonus when they spend £10. You’ll also get the cashback offered by the retailer on top
  • How to get the bonus Once you sign up, you’ll need to click on the sign-up confirmation email that will be sent immediately. If you don’t see it please check your spam folders as it could be there, and then add our email address to your safe senders list. Then, look for a special email that will be sent to you with the exclusive Quidco sign-up link. Make sure to read the terms and conditions on Quidco’s website before making your first purchase to ensure it tracks
  • Offer expiry This offer is due to end 31 March 2026, but will hopefully be extended

Bank Switches
Customer rating 3.8/5
  • Switch bonus
    £180 + £30 Amazon gift card
  • Offer ends
    Unknown
  • FSCS Protected? Yes
  • Switch bonus requirements Switch using the Current Account Switch Service and close your old account within 60 days of starting the switch
  • Deposit requirements Deposit £1,500 in the first 60 days from opening the account
  • Direct debits transferred over Set up two Direct Debits before or after the switch from a selected list of household bills
  • Existing customers? Can't have held any Santander current account on 1 January 2025
  • Restrictions Can't have received a switching bonus from Santander already, offer limited to once per person
  • Eligible accounts Open a new or hold an existing Everyday, Edge, Edge Up or Edge Explorer current account
  • £30 Amazon gift card requirements You need to make five debit card transactions within 30 days of opening the account to get the £30 Amazon gift card

NatWest £200 switch offer

Customer rating 4.9/5
  • Switch bonus
    £200
  • Offer ends
    Unknown
  • Extra perks
    Up to £36 rewards a year
  • FSCS Protected? Yes
  • Bonus requirements Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching
  • Deposit requirements Pay in £1,250 within 60 days of switching
  • Bonus paid Within 30 days of meeting criteria
  • Existing customers? No
  • Restrictions Offer is limited to once per person, cannot have ever received a switching bonus from RBS, Ulster or Natwest and cannot have had a current account on 6 May 2026
  • Eligible accounts Reward, Select or Premier Reward, Premier Select

RBS £200 switch offer

Customer rating 4/5
  • Switch bonus
    £200
  • Offer ends
    Unknown
  • Extra perks
    Up to £36 rewards a year
  • Bonus paid Within 30 days of meeting criteria
  • Bonus requirements Switch using the Current Account Switch Service, close your old account and log on to online or app banking within 60 days of switching
  • Deposit requirements Pay in £1,250 within 60 days of switching
  • Eligible accounts Reward, Select or Premier Reward
  • Existing customers? No
  • FSCS Protected? Yes
  • Restrictions Offer is limited to once per person, cannot have ever received a switching bonus from RBS, Ulster or Natwest and cannot have had a current account on 6 May 2026

Barclays £200 switch offer

Customer rating 4.3/5
  • Switch bonus
    £200
  • Offer ends
    28 May 2026
  • Extra perks
    Free Apple TV
  • FSCS Protected? Yes
  • Bonus paid Barclays will text you when you’ve met the conditions, then you’ll get the switch reward within 45 working days
  • Eligibility Pay at least £2,000 into your new Barclays Current Account within 30 days of opening
  • Direct debits transferred over Must be completed through the Current Account Switching Service, which moves all payments to a new account within seven working days and closes their old account on the switch day they choose, transferring any money to their new account
  • Existing customers? Only available to new current account customers who download the Barclays app who are also UK residents
  • Eligible accounts Current account with Blue Rewards

first direct £175 switch offer

Customer rating 4.7/5
  • Switch bonus
    £175
  • Offer ends
    Unknown
  • FSCS Protected? Yes
  • Bonus requirements Switch using the Current Account Switch Service, close the old account and use your debit card five times and log into online banking in the first 45 days
  • Deposit requirements Pay in £1,000 within 30 days of opening the account (and leave it there for 24 hours)
  • Direct debits transferred over Move two direct debits or standing orders from your old bank
  • Existing customers? No
  • Restrictions You can't have or have ever had a First Direct account or have opened an HSBC account since 1 January 2018. Offer limited to once per person
  • Cashback requirements Extra £35 if you apply via cashback site Quidco or TopCashback (rates vary)

Premier Bank Account switch offers

HSBC Premier £500 switch offer

Customer rating 3.6/5
  • Switch bonus
    £500
  • Offer
    Unknown
  • Extra perk
    Worldwide travel insurance and private GP for the family
  • Requirements
    Income or savings of £100k
This is a Premier Bank account, so not everyone will qualify for it
  • FSCS Protected? Yes
  • Offer details Open a Premier account after 23 March 2026 and switch using the Current Account Switch Service with a salary of £100k+; and/or transfer £100k+ of savings/investments, and maintain your balance for 3 months
  • Eligibility Meet one of the following criteria: Have an individual annual income of at least £100,000, and pay it into your HSBC Premier Bank Account, have savings or investments of at least £100,000 with HSBC in the UK, or already qualify for HSBC Premier in another country.
  • Travel insurance HSBC Premier gets you Worldwide Travel Insurance for your whole family.
  • Mortgage benefit Preferential mortgage rates, and some higher-net-worth customers can get additional international support.
  • Healthcare benefits Includes digital GP access, a second medical opinion, specialist advice, remote physiotherapy, mental health support and a health check kit to test over 20 key markers. This is for the whole family, including you, your partner and any dependents under 23. It’s also got Cancer Bereavement Cover, which pays out £2,000 if you pass away from a cancer related cause.

NatWest £250 switch offer

Customer rating 4.9/5
  • Switch bonus
    £250
  • Offer ends
    Unknown
  • Extra perk
    £500 interest free overdraft
  • FSCS Protected? Yes
  • Bonus requirements Apply for a Premier account and request to switch an account with another bank to us using the Current Account Switch Service
  • Deposit requirements You need to deposit £5,000 within 60 days of opening the account and log into the mobile app
  • Eligibility To be eligible for the account you need to have a minimum of £100k sole income or £120k joint income paid into your NatWest account, minimum of £100k savings or investments held with NatWest or a minimum £500k mortgage with NatWest
  • Existing customers? You can't have received a switch offer before and can't have held a NatWest current account or savings account as of 10 March 2026

Other new customer offers
Customer rating 4.9/5
  • Savings rate
    4.5% AER variable for 12 months
  • Offer ends
    Unknown
  • Cashback
    1% cashback on select debit card spend
  • FSCS Protected? Yes
  • Important details Chase current account: 18+, UK residents. Eligibility applies. 1% cashback on debit card spending on groceries, everyday transport & fuel for your first year. Max £15 per month. Exceptions apply. May be changed or withdrawn.
  • Boosted saver Linked savings account for new Chase current account customers, available for your first 31 days. 4.5% AER (4.41% gross) variable for 12 months, including 2.25% AER 12-month bonus on top of the standard saver rate. Available to new current account customers for your first 31 days. May be withdrawn. Interest paid monthly. T&Cs: chase.co.uk
  • Fees Fee-free current account. Zero fees from Chase when spending at home or abroad
  • Account features Essential money management features
  • Customer service Provides 24/7 customer support

More on bank switch offers

Latest bank switch offers (A-Z)

As of 06/05/2026

Click links for further details and analysis

About bank switching

Bank switching doesn’t need to be scary, and once you get the hang of it you can make some decent cash! Here’s everything you need to know to get started.

How to switch bank

You can switch bank for a number of reasons, but the main benefit is an effective cash bribe that banks offer to get you to choose them.

Here are the basics to get you started.

Switch bank like a pro

Once you’ve switched for free cash, you can keep going!

We’ve shared the things you need to know first, and what you can do to make it even easier.

The best extra ‘dummy’ accounts

You don’t actually need to switch your main current account.

Instead you can set up a new one just for switching! Here’s how

Cheap extra direct debits

Some switch offers require you to have a handful of active direct debits to transfer over.

If you don’t have enough, then we’ve some hacks to help you set up new ones quickly that won’t require you to pay for anything.

Featured switching deal
Customer rating 3.8/5
  • Switch bonus
    £180 + £30 Amazon gift card
  • Offer ends
    Unknown
  • FSCS Protected? Yes
  • Switch bonus requirements Switch using the Current Account Switch Service and close your old account within 60 days of starting the switch
  • Deposit requirements Deposit £1,500 in the first 60 days from opening the account
  • Direct debits transferred over Set up two Direct Debits before or after the switch from a selected list of household bills
  • Existing customers? Can't have held any Santander current account on 1 January 2025
  • Restrictions Can't have received a switching bonus from Santander already, offer limited to once per person
  • Eligible accounts Open a new or hold an existing Everyday, Edge, Edge Up or Edge Explorer current account
  • £30 Amazon gift card requirements You need to make five debit card transactions within 30 days of opening the account to get the £30 Amazon gift card

Does bank switching affect your credit score?

We love bank switching, but there are some situations when switching could hurt your credit report.

Here’s what you need to consider before switching if you’re worried about your score.

Debit card ‘spend’ hack

You might find a switching deal or current account reward requires you to spend regularly with your new debit card.

That’s not hard – but we’ve a way you can do this and still earn cashback on your spending from a different card.

The best rated current accounts

Thousands of customers have left current account reviews over on our sister site Smart Money People.

Find out which current accounts they rate – and the ones they don’t.

The best easy-access savings accounts (May 2026)

These are the top easy access savings accounts available at the moment

Easy-access savings accounts are ones where you can withdraw your money whenever you want. The rates are largely dependent on the Bank of England’s base rate — when we see a drop or rise in the rate, we tend to see savings accounts move in the same direction. Here are the best-paying ones at the moment.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.


Best easy access ISAs

While ISAs don’t typically belong on this page, the top rates for ISAs at the moment are a lot better than for standard savings accounts, so here’s the top few available – if you want to see the full list, we have a whole table of the best easy-access ISAs on the market at the moment.

Easy access Cash ISAs
Customer rating 4.9/5
  • AER (variable)
    4.51%
  • Minimum
    £1
  • Access
    Full access
Includes bonus of 0.92% for 12 months
  • Important details Existing Trading 212 customers get a rate of 3.6%
  • FSCS Protected? Yes
  • Allows transfers in? Yes, but no bonus rate on transfers
  • Flexible ISA Yes
  • Bonus New Trading 212 customers get a bonus of 0.91% AER for 12 months for current year subscriptions with a yearly gross rate of 4.42%.
Customer rating 4.9/5
  • AER (variable)
    4.32%
  • Minimum
    £1
  • Access
    Full access
Rate includes a bonus rate of 1.78% for new users
  • Allows transfers in? Yes - but you'll get a different rate for transfers in. The rate is 4% AER (variable), made from a 2.54% underlying rate and a bonus rate of 1.46%.
  • Important details Rate shown for new customers only. Interest on Plum's Cash ISA varies - this is the rate on 08/05/2026. ISA rules apply. Includes a bonus rate (for new users) of 1.78% AER if kept for 12 consecutive months. Cash ISA T&Cs apply. Plum is not a bank. Tax treatment depends on your personal circumstances and is subject to change
  • Flexible ISA Yes
  • FSCS Protected? The FSCS protects up to £85,000 that you have saved, per bank, building society or credit union (or up to £170,000 for joint accounts), subject to eligibility. FSCS protection applies differently
  • Bonus Includes a bonus rate (for new users) of 1.78% AER if kept for 12 consecutive months
Customer rating 4.9/5
  • AER (variable)
    4.3%
  • Minimum
    £10
  • Access
    Full access
Rate includes 1.5% bonus for 12 months
  • FSCS Protected? Yes
  • Transfer in existing ISA? No
  • Bonus Rate includes 1.5% bonus for 12 months

Best easy access savings accounts

These are the most flexible accounts available, but as a result, you usually get lower rates. You can add and take your money out at any time. Some accounts may have limits to the number of withdrawals you can make each year.

Easy access savings

Cahoot Sunny Day Saver

Customer rating 5/5
  • Access
    Full access
  • AER (variable)
    5%
  • Minimum
    £1
  • Maximum
    £3,000
This is the best-paying account at the moment, but you can only save up to £3,000 in it.
  • FSCS Protected? Yes

Tembo Money HomeSaver

Customer rating 4.9/5
Editor's comment
This account is technically for those looking to buy a home within the next few years. However, even without the extra HomeBuyer bonus, it's a decent-paying account and it's easy access.
  • Access
    Full access
  • AER
    4.75%
  • Minimum
    £10
  • Maximum
    £20,000
  • FSCS Protected? Yes
  • Rate details The rate is made up of a 3% AER (variable) base rate and a 1.75% AER (fixed) 12-month introductory bonus. There's also a homebuyer bonus available on top of this if you're looking to buy a home soon.
  • HomeBuyer bonus On top of the underlying rate, you can get a 12-month boost of 1% that is paid at the end of the 12 month period if you take out a mortgage with Tembo, or, if you take a mortgage out after the 12 month period, it'll be paid after your mortgage completes. You have three years from first paying into the account to complete.
  • Included features You'll also get fee-free access to Tembo's mortgage brokers

Cynergy Bank Easy Access savings

Customer rating 4.8/5
  • Access
    Full access
  • AER (variable)
    4.27%
  • Minimum
    £1
  • Maximum
    £1m
Rate includes 2% bonus for 12 months
  • FSCS Protected? Yes
  • Bonus Rate includes 2% bonus for 12 months

Hanley Economic Building Society Dual Access Saver

Customer rating 4.8/5
  • Access
    Limited access
  • AER (variable)
    4.27%
  • Minimum
    £100
  • Maximum
    £300,000
  • FSCS Protected? Yes
  • Withdrawals allowed 2 penalty-free withdrawals per tax year

Mansfield Building Society Triple Access Bonus

Customer rating 4.7/5
  • Access
    Limited access
  • AER (variable)
    4.25%
  • Minimum
    £1
  • Maximum
    £400,000
Rate includes 1% bonus for 12 months
  • FSCS Protected? Yes
  • Withdrawals allowed Only three withdrawals are allowed per year.
  • Bonus Rate includes 1% bonus for 12 months

Principality Building Society Online Bonus 5 Access

Customer rating 4.7/5
  • Access
    Limited access
  • AER (variable)
    4.25%
  • Minimum
    £1
  • Maximum
    £1m
Rate includes 1.95% bonus for 12 months
  • FSCS Protected? Yes
  • Withdrawals allowed 5 withdrawals allowed per year
  • Bonus Rate includes 1.95% bonus for 12 months

Cahoot Simple Saver

Customer rating 5/5
  • Access
    Full access
  • AER (variable)
    4.17%
  • Minimum
    £1
  • Maximum
    £500,000
  • FSCS Protected? Yes
  • Rate details For 12 months only

Sidekick Easy Access Savings

  • Access
    Easy access
  • AER (variable)
    4.17%
  • Minimum
    £5,000
  • Maximum
    £60,000
Rate includes 0.60% bonus for 12 months
  • FSCS Protected? Yes
  • Bonus Rate includes 0.6% bonus for 12 months
  • Rate details Bonus is only paid on balance up to £60,000

Virgin Money Double Take Saver

Customer rating 3.7/5
  • Access
    Limited access
  • AER (variable)
    4.16%
  • Minimum
    £1
  • Maximum
    £250,000
  • FSCS Protected? Yes
  • Withdrawals allowed Two withdrawals allowed per calendar year, including closure

Vida Savings Double Access Saver

  • Access
    Limited access
  • AER (variable)
    4.16%
  • Minimum
    £500
  • Maximum
    £500,000
  • FSCS Protected? Yes
  • Withdrawals allowed 2 withdrawals allowed per year

For homebuyers

These accounts are best for those looking to save for a home. You might also want to consider Lifetime ISAs.

Savings accounts for homebuying
Customer rating 4.9/5
Editor's comment
This rate is specifically for those looking to buy a home within the next few years. If you get it without the HomeSaver bonus, it pays 4.75%.
  • Offer
    1% fixed rate bonus for homebuyers
  • AER (variable)
    5.75%
  • Minimum
    £10
  • Maximum
    £20,000
Rate includes a 1.75% 12-month bonus plus an additional 1% fixed 12-month bonus for those looking to buy a home in the next 3 years who go on to get a mortgage with Tembo (4.75% AER variable otherwise)
  • FSCS Protected? Yes
  • Underlying rate The rate is made up of a 3% AER (variable) base rate and a 1.75% AER (fixed) 12-month introductory bonus. There's also a homebuyer bonus available on top of this.
  • Homebuyer bonus On top of the underlying rate, you can get a 12-month boost of 1% that is paid at the end of the 12 month period if you take out a mortgage with Tembo, or, if you take a mortgage out after the 12 month period, it'll be paid after your mortgage completes. You have three years from first paying into the account to complete.
  • Included features You'll also get fee-free access to Tembo's mortgage brokers

Best current account linked easy access savings

Some of the best rates are in or linked to current accounts – or you might just want the convenience of having everything at the same bank (though that’s not always a good idea).

Anyone can open all of these accounts, though you will be credit-checked for opening the current account itself. They often have additional requirements or fees to consider. You may already have seen some of these listed in the easy and limited access lists above.

Current Account Linked Savings

Santander Edge Saver

Customer rating 3.8/5
  • AER (variable)
    6%
  • Interest earned
    In separate account
  • Minimum
    £0
  • Maximum
    £4,000
  • Requirements Requires Santander Edge current account (£3 monthly fee). You can open one Edge Saver with a personal account and two Edge Savers with a joint account.
  • FSCS Protected? Yes
  • Bonus Includes 2.5% bonus for 12 months

Nationwide FlexDirect

Customer rating 4.4/5
  • AER (variable)
    5%
  • Interest earned
    In current account
  • Minimum
    £0
  • Maximum
    £1,500
  • Important details Interest is earned in and paid into the main current account. After the first year the rate drops to 1%.
  • FSCS Protected? Yes
Customer rating 4.9/5
  • AER (variable)
    4.5% for 12 months
  • Interest earned
    In separate account
  • Minimum
    £0
  • Maximum
    £3m
4.5% AER (4.41% gross) variable for 12 months, including 2.25% AER 12-month bonus on top of the standard saver rate. Available to new current account customers for your first 31 days. May be withdrawn. Interest paid monthly. T&Cs: chase.co.uk
  • FSCS Protected? Yes

Kroo Current Account

Customer rating 4.9/5
  • AER (variable)
    2.65%
  • Interest earned
    In current account
  • Minimum
    £0
  • FSCS Protected? Yes
  • Interest Interest is earned in the main current account
  • Rate details Rate tracks the base rate minus 1.1%

Best notice accounts

A notice account means you have to request to get your money and interest, which will be released after a set time. They often have a variable rate but if there’s a cut you’ll normally be given notice.

Notice Accounts

Castle Trust Bank 120 day notice account

Customer rating 4.9/5
  • AER (variable)
    4.2%
  • Minimum
    £1,000
  • Maximum
    £500,000
  • FSCS Protected? Yes
  • Notice to withdraw 120 days

Cynergy Bank 95-day notice account

Customer rating 4.8/5
  • AER (variable)
    4.15%
  • Minimum
    £500
  • Maximum
    £1m
  • FSCS Protected? Yes
  • Notice to withdraw 95 days
  • AER
    4.15%
  • Minimum
    £1,000
  • Maximum
    £120,000
  • FSCS Protected? Yes
  • Notice to withdraw 95 days

Oxbury Bank 120 days notice account

Customer rating 4.8/5
  • AER
    4.19%
  • Minimum
    £10,000
  • Maximum
    £1m
  • FSCS Protected? Yes

Cynergy Bank 120-day notice account

Customer rating 4.8/5
  • AER (variable)
    4.18%
  • Minimum
    £500
  • Maximum
    £1m
  • FSCS Protected? Yes

Oxbury Bank 180 days notice account

Customer rating 4.8/5
  • AER (variable)
    4.26%
  • Minimum
    £1,000
  • Maximum
    £500,000
  • FSCS Protected? Yes

The Stafford Building Society 180 days notice account

Customer rating 4.8/5
  • AER (variable)
    4.26%
  • Minimum
    £5,000
  • Maximum
    £450,000
  • FSCS Protected? Yes
  • Withdrawals allowed Up to 2 withdrawals allowed per society year

Earl Shilton Building Society 180 days notice account

Customer rating 5/5
  • AER (variable)
    4.25%
  • Minimum
    £5,000
  • Maximum
    £250,000
  • FSCS Protected? Yes

Other top paying savings accounts

Best Fixed Rate savings accounts

If you’d prefer a higher rate in return for fixing your savings, you can go for a fixed-rate savings account, with fixes from as little as three months to five years. But you are locking your money away without access.

We’ve listed all the top fixed rate bonds in our separate tables.

Best Regular Savings accounts

These accounts are all “Regular” or monthly savers which work differently to normal saving accounts. Here’s Andy’s full guide to how they work.

We’ve listed the top-paying options in our separate best buy guide.

Best Easy Access Cash ISAs

Though most of us don’t need the tax-free “wrapper” offered by an ISA, if you want to use one then the same goes in terms of finding the best rate.

We’ve listed the best options on our dedicated Best Cash ISA page.

Best Fixed Rate Cash ISAs

You can also get fixed rate ISAs, and these can be accessed early – though you’ll pay an interest penalty if you do.

Find the top paying rates for each term on our dedicated Best Fixed Cash ISA page.

Prize draw accounts

Premium Bonds – 3.6% prize rate

The prize rate for Premium Bonds stands at 3.6% from the August 2025 draw onwards. This doesn’t mean you’ll get 3.5% back on your savings, though the closer you are to the £50,000 maximum deposit, the closer you’ll get to the rate (on average). Here’s more.

Best children’s savings account

We’ve written in more detail about the different savings accounts for kids, so do check that article out to understand the conditions such as access and find all the top rates.

Best ethical savings account

The money you hold in your savings is used by the banks to invest and lend money. This could mean it’s used for things you might disagree with, such as fracking, tobacco or arms manufacturing.

There are banks with ethical policies such as Triodos, while building societies must lend 75% of their funds to home buyers, meaning they don’t have the cash to invest elsewhere.

Sharia accounts can’t be used for things against Islamic law, like tobacco or gambling and I’ve listed the top ones further down the article.

The “greenest” banks are Ecology Building Society and Triodos, though they won’t always make the tables above. The following banks and building societies are more likely to appear above.

There’s also the NS&I Green Bond, a 3-year fixed-rate account. It’s currently paying 2.95%. Here’s our analysis.

Top Sharia savings accounts

Paying interest isn’t allowed in Islam, so a Sharia-compliant savings account instead promises a return on the money saved – an expected profit rate. Though technically this means the rate isn’t guaranteed, it’s not happened yet. They’re open to everyone, not just Muslims. Money in these accounts won’t be invested in arms, tobacco, gambling or tobacco.

Look in the tables above for banks offering an expected profit rate rather than AER. The main banks are:

Investing offers and cashback deals

Investment firms often give incentives like free cash to get you to give them your money.

These offers are extra cash payments and freebies you can get for opening an investment account. We’re only sharing these promotions as a way to get some free cash rather than a recommendation of individual investment platforms or funds. Sometimes the type of account you open matters, so take a look at the T&Cs to double-check. We’ve split them into Stocks & Shares ISA offers and General Investment Account offers.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Here at Be Clever With Your Cash, we’re not regulated to give you financial advice. We aim to give you the facts about a provider or investment but it’s up to you to decide if it’s suitable for you. If you’re looking for more personalised guidance, find a financial adviser who can give you specific advice. Remember that your capital is at risk when investing — don’t invest more than you are prepared to lose. 

Stocks & Shares ISA offers

These are offers to tempt you to sign up for a new ISA or transfer existing ISAs. There may be a minimum amount you need to add in order to get the bonus. Remember, we’re just sharing offers here and not recommending any individual ISA investment platforms, so do your research before applying. Our S&S ISA best buy tables are a good place to start.

ISA offers
Our top pick
Customer rating 4.9/5
  • Offer
    Free fractional share up to £100*
  • Annual fee
    £0
  • Type of investing
    DIY investing
  • Minimum deposit
    £1
*New customers get a free fractional share worth up to £100 when you sign up via our link or use the code BCWYC. Terms apply
  • FSCS Protected? Yes
  • Transfer in existing ISA? Yes
  • Fractional shares Yes
  • Interest on uninvested cash 3.8%
  • Flexible ISA Yes
  • Foreign exchange fee 0.15%
  • Fund fees If you invest in ETFs, you'll have to pay fund fees depending on the funds you choose
  • Offer details To get the offer, you need to open a Trading 212 Stocks and Shares ISA or Invest account and deposit at least £1 within 10 calendar days
  • Important details Remember, the value of any money invested, which includes your free share, could go up or down
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 609146
  • Risk warning Capital at risk. The value of investments can go down as well as up
Customer rating 4.8/5
  • Offer
    up to £300 of free shares or £5,000 cashback*
  • Annual fee
    £0
  • Type of investing
    DIY or ready-made
  • Minimum deposit
    £0
*New customers can get a bundle of UK shares worth up to £300 when you invest £300 or you can get up to £5,000 cashback when you transfer investments of £10,000 to £1m
  • FSCS Protected? Yes
  • Transfer in existing ISA? Yes
  • Interest on uninvested cash 3.75%
  • Fractional shares No
  • Flexible ISA Yes
  • Foreign exchange fee 0.70%
  • Fund fees If you invest in funds, you'll have to pay fund fees depending on the funds you choose
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 944492
  • Risk warning Capital at risk. The value of investments can go down as well as up.
  • £300 free share offer New customers can get a randomly allocated bundle of UK-listed shares worth between £40 and £300 when you make £300 of trades, opened by the end of the same calendar month as the first trade. You need to maintain an average of £300 invested for 3 full calendar months after the month of the first trade. You need to use the code WELCOME300 to get the offer. Offer ends on 31 December 2026
  • Cashback offer Alternatively, you can get up to £5,000 in cashback when you transfer your investments to IG. For this, you need to use the code TRANSFER5000 and you need to transfer between £10,000 and £1m. The amount you'll get depends on how much you transfer, and the cashback will be paid into your GIA. The transfer form needs to be submitted by 31 May 2026 to qualify, and you need to maintain a minimum investment of £10,000 from 31 May 2026 to 31 May 2027

Charles Stanley Direct Stocks & Shares ISA

Customer rating 1.9/5
  • Offer
    Up to £1,500 cashback*
  • Annual fee
    0.3% (min £5 per month)
  • Type of investing
    DIY investing
  • Minimum deposit
    £0
*You can get £300-£1,500 cashback when you transfer an ISA between £20,000 and £200,000
  • Fees You get £50 worth of free trades every 6 months. Funds cost £4 per trade and shares cost £10 per trade
  • Fund fees If you invest in funds, you'll have to pay fund fees depending on the funds you choose. There are no platform or trading fees when you invest in Charles Stanley Multi Asset Funds
  • FSCS Protected? Yes
  • Transfer in existing ISA? Yes
  • Fractional shares No
  • Interest on uninvested cash Yes - 1.5% on balances up to £99,999 and 1.9% on balances over this
  • Flexible ISA No
  • Foreign exchange fee 1%
  • Offer details The amount you'll get in cashback depends on how much you transfer. A transfer of £20,000 gets you £300 cashback
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 124412
  • Risk warning Capital at risk. The value of investments can go down as well as up
Customer rating 4.9/5
  • Offer
    £50-£1000 cashback
  • Annual fee
    0.60%
  • Type of investing
    Ready-made investing
  • Minimum deposit
    £500
£50-1000 cashback. Minimum investment and terms apply. Registration ends 31 May 2026. Capital at risk
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 662530
  • FSCS Protected? Yes
  • Flexible ISA Yes
  • Important details Over 18s, UK residents and UK taxpayers only
  • Interest on uninvested cash No
  • Offer You could get cashback when you deposit and/or transfer more than £5,000 into a new or existing Stocks & Shares ISA. You'll get between £50 and £1,000 cashback depending on how much you deposit or transfer. You can find out more details on how much you'll get on the dedicated offer page.
  • Offer details To get the cashback, you have to register for it by 23:59 on 31 May 2026 through the dedicated offer page. Then, you'll have 6 months to make your deposit and/or start your transfer(s). The money needs to stay deposited for 18 months. T&C’s apply. Tax treatments depend on your individual circumstances and may change in the future
  • Risk warning Capital at risk. The value of your investments may go up or down
  • Transfer in existing ISA? Yes
Customer rating 3.4/5
  • Offer
    free £50 worth of assets*
  • Annual fee
    Custody fee of 0.35% per year (max £45)
  • Type of account
    DIY and ready-made investing
  • Minimum deposit
    $50
*Get £50 worth of free assets when you deposit £200 into a General Investment Account
  • 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%
  • UK shares trading fee You'll pay £3.95 per trade for shares, ETFs and mutual funds and £5.95 per trade for bonds
  • Managed portfolio fees Management fees are tiered, so you'll pay 0.45% up to £50,000, then 0.20% from £50,000 to £100,000, 0.10% from £100,000–£1.5m, and 0% above £1.5m. A platform fee of 0.25% also applies to all managed portfolios.
  • 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.
  • Offer You need to sign up, verify your account and deposit at least £200 to get the free asset. ISA deposits aren't included in the £200 requirement to get the offer.
Customer rating 4.8/5
  • Offer
    Discounted annual fee*
  • Service fee
    0.25%
  • Type of account
    DIY or ready-made investing
  • Minimum deposit
    £10
*Sign up by 31 May and use the code NEWYEAR26 to get £0 subscription fee and 0.15% annual platform fee
  • FSCS Protected? Yes
  • Transfer in existing ISA? Yes
  • Investments available You can invest in OEICs and exchange-traded investments
  • Flexible ISA Yes
  • Fees £2 per month and a 0.25% platform fee - if you join before 31 of May using code NEWYEAR26, you’ll pay no subscription fee and a lower 0.15% platform fee
  • Fund fees When you invest in funds you'll also have to pay fund fees
  • Authorised and regulated by the Financial Conduct Authority Yes, FRN 955775
  • Risk warning Capital at risk. The value of investments can go down as well as up. Tax treatment depends on your personal circumstances and may change in the future. Approved by Quilter Invest on 01/05/2026

General Investment Account offers

GIA offers
Our top pick
Customer rating 4.9/5
  • Offer
    Free fractional share up to £100*
  • Annual fee
    £0
  • Type of investing
    DIY
  • Minimum deposit
    £1
*New customers get a free fractional share worth up to £100 when you sign up via our link or use the code BCWYC. Terms apply
  • FSCS Protected? Yes
  • Fractional shares Yes
  • Interest on uninvested cash 3.8%
  • Foreign exchange fee 0.15%
  • Fund fees If you invest in ETFs, you'll have to pay fund fees depending on the funds you choose
  • Offer details To get the offer, you need to open a Trading 212 Stocks and Shares ISA or Invest account and deposit at least £1 within 10 calendar days
  • Offer New customers get a free fractional share worth up to £100 when you sign up via our link or use the code BCWYC
  • Important details Remember, the value of any money invested, which includes your free share, could go up or down
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 609146
  • Risk warning Capital at risk. The value of investments can go down as well as up
Customer rating 4.9/5
  • Offer
    £50-£1000 cashback
  • Annual fee
    0.60%
  • Type of investing
    Ready-made
  • Minimum deposit
    £1,000
£50-1000 cashback. Minimum investment and terms apply. Registration ends 31 May 2026 . Capital at risk
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 662530
  • FSCS Protected? Yes
  • Interest on uninvested cash No
  • Important details Over 18s, UK residents and UK taxpayers only
  • Offer You could get cashback when you deposit more than £5,000 into a new or existing General Investment Account. You'll get between £50 and £1,000 cashback depending on how much you deposit. You can find out more details on how much you'll get on the dedicated offer page.
  • Offer details To get the cashback, you have to register for it by 23:59 on 31 May 2026 through the dedicated offer page. Then, you'll have 6 months to make your deposit. The money needs to stay deposited for 18 months. T&C’s apply. Tax treatments depend on your individual circumstances and may change in the future
  • Risk warning Capital at risk. The value of your investments may go up or down
Customer rating 4.9/5
  • Offer
    Choose a free share*
  • Annual fee
    £0
  • Minimum deposit
    £0
*You can choose a free share if you're a new customer by opening a General Investment Account and making a deposit
  • FSCS Protected? Yes
  • Fractional shares Yes
  • Interest on uninvested cash 4.50%
  • Foreign exchange fee 0.50%
  • Fund fees If you invest in funds, you'll have to pay fund fees depending on the funds you choose
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 522157
  • Risk warning Capital at risk. The value of your investments may go up or down
  • Offer details New XTB customers can get a free share of their choice (choose from Tesco, BP, Glencore, Barclays, Rolls‑Royce Holdings). You need to be a new XTB customer, open a General Investment account and make a deposit to get the offer
Customer rating 4.8/5
  • Offer
    up to £300 of free shares or £5,000 cashback*
  • Annual fee
    £0
  • Type of investing
    DIY or ready-made
  • Minimum deposit
    £0
*New customers can get a bundle of UK shares worth up to £300 when you invest £300 or you can get up to £5,000 cashback when you transfer investments of £10,000 to £1m
  • FSCS Protected? Yes
  • Interest on uninvested cash 3.75% usually
  • Fractional shares No
  • Foreign exchange fee 0.70%
  • Fund fees If you invest in funds, you'll have to pay fund fees depending on the funds you choose
  • Authorised and regulated by the Financial Conduct Authority Yes: FRN 944492
  • Risk warning Capital at risk. The value of investments can go down as well as up
  • £300 free share offer New customers can get a randomly allocated bundle of UK-listed shares worth between £40 and £300 when you make £300 of trades, opened by the end of the same calendar month as the first trade. You need to maintain an average of £300 invested for 3 full calendar months after the month of the first trade. You need to use the code WELCOME300 to get the offer. Offer ends on 31 December 2026
  • Cashback offer Alternatively, you can get up to £5,000 in cashback when you transfer your investments to IG. For this, you need to use the code TRANSFER5000 and you need to transfer between £10,000 and £1m. The amount you'll get depends on how much you transfer, and the cashback will be paid into your GIA. The transfer form needs to be submitted by 31 May 2026 to qualify, and you need to maintain a minimum investment of £10,000 from 31 May 2026 to 31 May 2027

ISA vs GIA

When you open these accounts you can usually choose between an ISA and a general investing account. If you haven’t used your full £20,000 ISA allowance this financial year, and you don’t plan to do so before 5 April, then that’s the best account for you as any gains you make will be tax free.

If you can’t or don’t want to add any more to an ISA, you can opt instead for the General Investment Account, although some of these offers may not be available for this account. In this account, you’ll only pay tax on profits after selling your share if it brings you over the Capital Gains Allowance.

Home and garden deals

Save on your home essentials from furniture to paint

If you fancy spending the weekend putting up shelves or sorting out the garden, here are the best home, garden and DIY sales and offers.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Here’s what’s currently on offer.

Current deals

The Range: 50% of summer garden goodies

The Range is offering half price deals on enough gear to get your garden fully equipped for the summer.

The specially selected best sellers included in the deal are:

  • Inflatable Double Pool with Slide – was £49.99; now £24.99
  • Sensei Wireless Garden Speaker – was £21.99; now £9.99
  • Ceramic Egg Oven – was £159.99; now £79.99
  • Bromley Dining Table and Chair Set – was £299.99; now £149.99
  • Camping Cart – was £39.99; now £24.99

Goods are available for click and collect as well as delivery as part of its wider spring sale.

The Wildlife Trust: free seeds

You can get a free wildlife pack including free seeds — there’s a kids’ pack and an adults’ pack available.

Argos: £5 off £40 spend

Until 17 June 2026, if you’re not currently receiving Argos marketing emails and you sign up for them, you’ll get an email with a unique code that’ll get you £5 off a £40 spend.

Ikea: Family Card extra savings

If you sign up for the Ikea Family card you’ll be able to get exclusive discounts at your local store including 10% extra off sale items.

B&Q: £5 off £30 spend

Sign up for the B&Q Club online (it’s free) and you’ll get a voucher to save £5 off a £30 spend.

Emma Bridgewater: Free mug with £40 spend

If you’ve not used the Emma Bridgewater site before and want to spend at least £40 then follow this referral link to claim a free 1/2 pint mug, worth £19.95.

Expired deals

Decathalon: return used tent for gift card refund (ended)

As part of its ‘No Tent Left Behind’ campaign Decathlon is letting customers buy tents, use them for a few months, and return eligible them for a refund on a gift card.

It says some 250,000 tents are left at festivals each year, which mostly go into landfill. And in a bid to reduce waste it’s promising to accept the return of its M100 range of tents bought between 9 June and 14 September 2025.

It encourages customers to enjoy the tent at their summer festivals but for it to accept a return, the tent mustn’t be damaged, stained, torn, contaminated, altered or in poor condition.

You must bring the tent back to a store, with proof of purchase, by 14 September 2025, to be eligible for the offer.

Hobbycraft: £5 off £15 spend (expired)

If you have the Hobbycraft loyalty app then you can get £5 off a £15 spend until the end of October. You’ll find the voucher in your app or if you’re shopping online, you can use the code HC515 to get the discount.

It can’t be used to sign up for workshops or subscriptions or to buy gift cards

Ikea: £15 off £50 spend and free breakfast (ended)

Wear your pyjamas to Ikea this Saturday 7 September and you’ll get a £15 off voucher to be used against a £50 spend and a free breakfast. There are also other activities running, but they’re store-dependent.

The breakfast available includes one of: a small cooked breakfast, a small vegetarian breakfast, a children’s breakfast, a breakfast bacon roll, a breakfast sausage roll or a breakfast vegetarian roll. You can’t get the cooked breakfasts at the Hammersmith store.

You can only get the breakfast between 9:30am and 11am on 7 September 2024 and you’ll need one of the vouchers that will be distributed at the store on the day and an Ikea Family Card, which is free to sign up for.

Etsy: £5 off £30 spend (ended)

You can currently get £5 off a £30 spend at Etsy when you use the code SMALL5 until 30 April 2024.

The £30 excludes tax and shipping and you can only buy from shops that accept Etsy payments.

Kids & family days out offers

If you’re thinking of what you can do with your little ones that won’t break the bank, here are some ways to spend less on days out and activities

Days out aren’t cheap, so here we’ll share special offers where you can bring down the price of tickets, as well as any special free events and activities. We’ve also had a look at schemes such as Kids Pass and Little Bird and shared whether we think they’re any good.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Gardens

RHS Wisley: free entry until the end of May for gardening related names

If you’re named after a plant, perhaps Daisy, Ivy, Hazel or Heather? Or perhaps a surname? Gardener, Farmer or Bloom, to name a few, then you can get access to RHS Wisley for free until the end of May 2026.

All you have to do is have a gardening-related name and show ID upon entry. If you have a name that’s gardening-related but in another language, they’ll accept that, too.

Here are the full rules of the promotion in relation to the names RHS deems as “gardening related” from the Terms and Conditions.

  • The relevant name must be part of their legal name, as a first name or surname;
  • The name must directly relate to gardening, plants, flowers or horticulture. This means that it is the same as or a close linguistic variant of a name or term for a plant, flower, tree, herb, vegetable, fruit, shrub, seed, bulb or other gardening or horticultural term;
  • Where the individual is relying on their surname with botanical or gardening meaning, the scope may be extended to horticultural origins, where the surname is directly connected to plants, plant-related occupations or natural landscapes; and
  • The name may relate to gardening, plants, flowers or horticulture in any language, applying the above criteria. The individual may be asked to provide a translation.

BBC Gardeners’ World magazine: 2-4-1 entry card

This offer is back again this year. If you buy the May 2026 edition of Gardeners’ World magazine you’ll get a card that’ll get you 2-4-1 entry to over 380 gardens in the UK and Northern Ireland.

This includes:

  • Leeds Castle (save £33)
  • Hever Castle (save up to £25)
  • Knepp’s Rewilded Walled Garden (save £30)
  • 69 National Trust gardens
  • 26 National Trust of Scotland gardens
  • 12 English Heritage gardens

The magazine costs £9.99 and you can buy it in shops or online.

The pass is valid until March 2027 and can be used as many times as you like.

Kids & family membership offers

Day Out With The Kids: one year for £1

This deal, originally a Black Friday offer, will get you a full-year membership for just £1, saving £29.99. You’ll need the code BF254U.

Featured kids' bank account
Sponsored
Customer rating 4.9/5
  • Monthly fee
    £3.99
  • Ages
    6 - 17 year olds
  • Parent account required?
    No
  • Offer
    2 months free and £5 pocket money
  • FSCS Protected? Yes
  • Interest paid No - only paid for Plus and Max accounts
  • Fees £3.99 per month for one child
  • Parent account There's no bank account for parents; instead, the account is topped up using your existing bank account
  • Card Customisable debit card
  • Education Includes access to Money Missions to teach kids about money
  • Perks Parents can set chores with the app, and anyone can pay into the account with Giftlinks
  • Offer 2 months free and £5 free pocket money available for new gohenry customers who order a card and deposit £5. Sign up using the code AFUKBC26 to get it.

Free ticket offers

MoneySuperMarket: SuperSaveClub hack

If you take out insurance via MoneySuperMarket you can get free membership to the SuperSaveClub, which offers free tickets every week and month to big name attractions like London Zoo.

But there’s a way to get access without buying insurance that won’t cost you anything – simply sign up for the free Credit Monitor service. You can also do this for every adult in your home, increasing how many free tickets you get.

We’ve written up how to get free membership in detail.

National Lottery: Open Week (ended)

The National Lottery runs a regular promotion where you can get free or low-cost days out, including Eden Project, National Trust, the Tower of London and English Heritage properties. 

The National Lottery Open Week runs between 7 March and 15 March 2026 — booking is open now.

To get access, you need to have a National Lottery ticket or scratchcard, which you can use to visit a National Trust or National Trust for Scotland property for free or at a discount. The date of the lottery ticket isn’t relevant, but maybe hang on to it until you know if you’ve won. 

You can see a full list of the attractions and the discounts available, searchable by postcode or your current location. The full T&Cs are here too.

Activities

Barclays: free tennis sessions for all ages

Barclays is offering free social tennis sessions each weekend across the country for all ages every weekend. The sessions are at 10am on Sunday mornings — you can find a nearby court on the website and book onto a session.

You’re not just limited to one session either, you can book every weekend if you want to.

You don’t need to have any equipment, know-how or even a partner to play with. The sessions are social, so you can meet new people to play with.

To book, you go to the website and search for a park tennis court near you with your postcode. If there’s not one near you yet, keep checking, as they’re adding new ones all the time.

Tennis for Free: free sessions for kids and adults

Tennis for Free is offering free tennis sessions at a number of locations across the UK. Sessions are usually at the weekend and last about an hour. Some are for kids aged 12 and above, while some are for all ages, and they’re more about having fun than professional coaching.

All abilities are welcome and equipment is provided for the sessions.

Once you’ve found a venue near you, you’ll need to sign up for an account and book a slot online. If there’s not one near you yet, keep checking, as there are more coming soon!

Day Out With Thomas: Let’s Rock, Let’s Roll Tour (ended)

North Yorkshire Moors Railway (NYMR) has a bank holiday flash sale from 1st – 4th May 2026. Families can save 20% when jumping onboard the Day Out With Thomas: Let’s Rock, Let’s Roll Tour.

The flash sale is live from 1st – 4th May, and the offer can be claimed by using code MAY20 at the checkout to receive a 20% discount.

Day Out With Thomas is a fun-filled family event taking place at heritage railways across the UK. Tickets include a train ride behind Thomas  – a REAL steam engine – as well as access to a full day of activities including live entertainment, photo ops with Sir Topham Hatt, Thomas & Friends music corner, garden games, arts and crafts, storytelling and more.

Visitors can also hop on board the NER Autocar for an hour long scenic train ride from Pickering to Levisham and back. Bookings are not required for this, but seating is limited.

To book, you go to the website and click on “buy tickets”. This takes you to the booking page where you can enter the MAY20 promotional code.

Lidl Plus: free ticket to 3,000 activities across the UK (ended)

If you’ve got Lidl Plus, then until 24 October 2025, you can get a free ticket every day to one of 3,000 activities across the UK. To get it, go to your Lidl+ app, find it in ‘Partner offers’ in ‘More’ and click ‘Redeem this offer’.

Once in, you can search for activities nearby – most of the activities are for things like dancing, taekwondo, paintballing and museum visits.

Kelloggs: free football camp with promotional boxes (ended)

If you pick up a promotional Kellogg’s product between 1 April and 18 August 2025 then you can get a free day at a football camp for kids aged between 7 and 14.

To claim the free day, you need to scan the QR code on the pack or go here to register. You need to enter the last four digits of the barcode for the product you bought, as well as your postcode. Then you’ll be able to see the current places and request a code to book.

Zoo offers

Marwell Zoo: free entry if you’re called Gary or Lemmy (ended)

To celebrate the arrival of two new camels, Marwell Zoo is offering free entry for anyone called Gary or Lemmy (the names of the camels) until 1 May 2026.

You just need to show ID at the gate, and anyone else going with you needs to pay for entry (unless they’re called Gary or Lemmy, obviously).

“Open House” events

In September each year many buildings open their doors for free across the UK. Here are some of the main organisations, but do check locally to see if there are other places offering something similar.

Heritage Open Days (England) – September 2025 (ended)

On weekends from 12 to 21 September 2025, Heritage Open Days is offering free access to events celebrating England’s history and culture, such as tours and exhibitions. You can register for tickets until 14 August. Details here.

Open House London – September 2025 (ended)

From 13 to 21 September 2025 you can get free or discounted access to hundreds of buildings and gardens in London, many of which are normally closed to the public. Bookings opened on 20 August 2025. Details here.

Doors Open Days (Scotland) – September 2025 (ended)

In September 2025 there’s a similar open day festival in Scotland giving you access to buildings and events across the country. It runs across four weekends, depending on location. Details here.

Open Doors (Wales) – September 2025 (ended)

Throughout September 2025 you can get free entry and guided tours to more than 200 historic sites in Wales. Loads of events don’t require booking. Details here.

National Trust & English Heritage offers

English Heritage: free family pass with a newspaper

If you buy a copy of the Daily Star, Express or Mirror between May 9th and May 17th you can get free entry to an English Heritage property with your family.

A copy of the paper will cost between £1.50 and £3.60 depending on the paper and the day – with midweek papers costing the least. The English Heritage family pass is worth up to £50.

The family pass works for groups up to 2 adults and 3 children, or 1 adult and 4 children, or 2 adults. The pass is valid until Sunday, 14 June 2026.

Make sure you check the terms and conditions for exclusions and the English Heritage website for opening times.

English Heritage: free family pass (ended)

Complete this online form and you’ll be able to visit an English Heritage site with your family between now and 2 November 2025.

The pass permits two adults, two adults and three kids or an adult and four children and is worth around £40. Participating sites include Bolsover Castle in Derbyshire, Eltham Palace in London and Whitby Abbey, North Yorkshire.

Once you’ve filled out the form you’ll be sent a digital pass to your email. If you’re keen, be quick as the passes usually run out very swiftly!

National Trust: free family day pass (ended)

With WalesOnline and InYourArea you can get a free family day pass to participating National Trust sites.

But you’ve got to be quick! There’s a limited number of passes available, and they tend to be snapped up very quickly.

The day pass admits two adults and up to three children, or one adult and four children. Single adults and couples can also use it. You might need to prebook. When booking, select ‘Affiliate organisation member or passholder’ for the number of people your pass can admit.

The vouchers need to be used by 31 August. You can redeem it Monday to Sunday, excluding 23 to 25 August 2025.

Check the T&Cs before going, as some sites are excluded.

Days out ticket discounts

National Rail: 2-4-1 days out

If you’re travelling by train to an attraction, you might be able to use it for a discount on your entry. Details here.

Theme park deals

Check out our separate guide to paying less for theme park tickets such as Alton Towers and Legoland.

Boundless membership

If you work in the public sector or are a civil servant, a Boundless membership gives you free access to UK attractions, including Kew Gardens, a free Kids Pass and Tastecard.

  • Basic Boundless costs £40 a year
  • Boundless Plus costs £68 a year

We’ve looked in more detail at who can get it and what you get in our review.

What is Kids Pass?

What does Kids Pass do?

Kids Pass is a membership which gives you discounts on the places and things kids like to do.

Kids Pass promises:

  • Up to 57% off at “family days out” such as theme parks, bowling and play centres
  • Up to 40% off at cinemas, seven days a week
  • Kids eat free or for £1 at hundreds of restaurants
  • Savings on places like Butlins and Haven

You only need one card per family, rather than per child.

Is Kids Pass any good?

The discounts can be pretty decent, especially the restaurant and cinema deals.

Restaurant deals

Some restaurant chains include are Giraffe, Garfunkels, Barburrito, Handmade Burger Co, and Bella Italia, each offering free food for kids or £1 meals. There’s also BOGOF at Pizza Hut (delivery) and a second pizza for £1 at Papa John’s. There are hundreds of independent ones, too. You can see those involved without getting a membership.

Cinema deals

The cinema discounts through Kids Pass are available at most major chains and various independent places. You get up to 40% off tickets for kids and adults, making it a good option even if you don’t have kids. A quick look at a few different chains and it generally works out as £8 per adult ticket.

Check if it’s cheaper to buy your tickets with a different deal.

You’ll need to buy your tickets through the website or app – you can’t just show your pass at the box office. 

Other deals

The theme park and other family activities look good, though as with most entertainment, it’s worth shopping around for other offers. It does look like it includes all the major theme parks and places like Madame Tussaudss and London Dungeon.

You can also save up to 50% at places like Eurocamp, Haven and Butlins.

How to get the best value sun cream

Save money without sacrificing the protection you give your skin.

Is a branded suncreen any better than a supermarket’s own version? And what should you be thinking about other than the SPF number?

I’ve taken a look at how to make sure you’re not overspending but still getting the right protection.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

What makes a decent sun cream?

SPF and UVB rays

When you’re going to buy suncream there’s probably only one number you really pay attention to. The big one on the front – the SPF number. Sun Protection Factor.

This ranges from around four or five all the way through to fifty plus. The number which medical groups recommend is at least thirty.

What the SPF number specifically shows is the protection you get against Ultraviolet B rays – or UVB. These are the rays that generally will burn your skin.

Basically the higher the number is, the greater the protection, the longer the protection you’re going to get from these rays.

“Star ratings” and UVA rays

There’s actually more than one type of UV ray coming from the sun. What you should also be looking for when you’re buying your suncream is protection against UVA – Ultraviolet A – rays.

This is the stuff that’s meant to premature age you, the stuff that causes you to get those lines caused by the sun. It will hopefully say both UVA and UVB on the packet.

But how do you know how good that protection is? Because SPF isn’t anything to do with the UVA. Instead, you look for some stars. Bigger packs hopefully have it on the front, though it might be on the back of smaller ones.

You should be looking for at least four stars. That’s going to give you the protection that you need.

Is more expensive suncream better?

Now if you’ve got at least factor 30 on the UVB and then you’ve got at least four stars on the UVA then all the sun creams are pretty much the same. At least they’re doing the same thing anyway in terms of protecting you from the sun’s rays.

So whether you’re going into Aldi or Boots and you’re spending a couple of quid or whether you’re spending more than ten quid by getting some posh brands, they’re not really doing anything different.

I had a look at Which? magazine. Last year they reviewed and tested about 15 to 20 different sun creams.

The best buys were from Boots, Nivea, Sainsbury’s and Superdrug, all relatively affordable. Worryingly, some of the brands didn’t offer the protection promised – and were marked “don’t buy”. These were Asda, Morrisons and one type of Ultrasun.

Broadly, the only real difference they found between the ones that did pass the tests is that some of the cheaper ones can feel a bit greasy when you apply them to your skin. Or they smell not fantastic when you apply them, so you might want to try some different ones and pay a bit more money.

So just because it’s a brand it’s not necessarily any better than an own brand from one of the chemists or supermarkets.

How much should you buy?

One extra thing to think about when you’re buying your sun cream is the size of the bottle. In terms of getting value for money the bigger bottles will often work out cheaper per unit, usually per ml, So you’d think the bigger the bottle the better the deal.

But that’s not necessarily the case. On the back of most of your sun creams, you’ll see a little drawing of a pot. You see it on lots of cosmetics as well. This little round pot with an open lid and in there it will give a little number. If it says “12m” it stands for twelve months. Most sun creams are meant to last between 12 and 18 months. 

Time actually reduces how strong the cream is. The bottle might say thirty on the front but if it’s two or three years old it won’t be delivering that kind of protection.

And it’s worth bearing in mind that if you leave your suncream out in the sun then that’s going to make it last a shorter amount of time as well.

So will you actually use the cream up in that time? Or will you, like I have in the past, have half-used bottles sitting at the back of the cupboard until the next year?

Big families, or people spending a lot of time in the sun, are probably better off buying big bottles at the start of each summer, and then buying smaller ones as the summer ends. And people who aren’t out in the sun much might be better off just buying smaller packs. Of course, it’s important to apply the right amount – so don’t scrimp.

Pub & bar deals

Save on drink and food at your local

Here are some offers for when you’re heading out to the pub.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Pub promotions

Greene King: free alcohol free Koppaberg

You can get a free alcohol-free Mango or Mixed Fruit Koppaberg from Greene King pubs. To get it, you need to go to the promotional website and enter your details, you then get a code to use in the app.

Offer ends at 23:59 BST on 31 May 2026

Hungry Horse: Spin to Win main, pudding or pint

If you download Greene King’s new app and register for it, then you can spin the wheel to win a main, dessert or drink.

You get 30 days to claim the freebie.

Prizes include:

  • A free drink — you can choose from Peroni Nastro Azzuro, Peroni Natro Azzuro 0% bottle, Birra Moretti, Coke Zero, Diet Coke, Schweppes Lemonade, Madri, Cruz Campo, Rekorderlig, Aspall, GK IPA, Abbot Ale, Old Speckled Hen, Hazy Day, Level Head. Only Soft Drinks and Peroni Nastro Azzuro 0% bottle will be available in Scotland
  • A free dessert — up to the value of £7.99
  • A main meal — up to the value of £18.99. This excludes sharers or any meal priced higher than £18.99, only selected from the main menu, and does not include any breakfast, brunch, lunch, seniors, specials, children’s menus or timed menus.

Brewdog: free pint

Sign up to Brewdog’s loyalty scheme, Brewdog Treats, and get a free pint of any Brewdog draught beer as well as discounts and rewards to spend at the bar.

You’ll need to redeem the pint within 30 days and you can use it in all UK BrewDog bars apart from: Hull, Upminster, Edinburgh Waverley, Edinburgh Airport, Gatwick Airport, Belfast Grand Central.

Brewdog: buy one, get one for £1 for pizzas and burgers (ended)

Now extended until February 13, the deal from Brewdog lets you get a pizza or burger for £1 when you buy another one.

You can grab the offer at any UK locations except Belfast Grand Central, Edinburgh Airport, Edinburgh Waverley, Gatwick Airport, Waterloo Arms and Hull.

The offer is for pre-book only, not walk in customers, and sees the cheaper of the two burgers or pizzas charged at £1. Takeaway and delivery are also excluded.

If you’re in a big party, you can order up to eight pairs of £1 deals per booking, and your Equity for Punks discounts still apply to the bill.

Heineken: free pints nationwide (ended)

You can get a free pint of Heineken or Heineken 0.0 from a participating pub until 31 October 2025, or 40,000 free drinks have been claimed.

To get it, head to the promotional website and enter your details. Then, use your current location or search for locations to find a pub near you where you can get a free pint. Once confirmed, you’ll get an email with your voucher.

Greene King: free Hazy Day pint (ended)

From 10 September to 17 October, you can get a free pint of Hazy Day IPA when you download the Greene King App and register. If you’re already signed up, it should be waiting in there for you. Once you have the voucher, you only have until 31 October to redeem it!

Wetherspoon: 99p pint and £4.99 pizzas (ended)

Forget dry January, Wetherspoon is having a sale.

Running from January 2 to January 15 there are deals to be had across a range of drinks and food for people looking to save a bit of cash at one of its 600 locations across the UK.

Here are some of the highlights:

  • 99p – pint of Worthington’s beer
  • £2.99 – 250ml glass of Coldwater Creek wine – including Chardonnay, pinot grigio, rosé and merlot
  • £1.99 – 25ml of Johnnie Walker Black Label or Tanqueray gin – mixer included
  • £1.69 – Guinness 0.0, Corona Cero, BrewDog Punk AF, Stella Artois Alcohol Free, Erdinger Isotonic, Thatchers Zero, Kopparberg Alcohol Free, Gordon’s 0.0 pink gin
  • £4.99 – 11″ Margherita pizza plus free soft drink (or £6.52 with alcoholic drink)
  • £4.99 – crunchy chicken burger served with chips or side salad plus free soft drink (or £6.52 with alcoholic drink)
  • £4.99 – jacket potato with one filling (choose from tuna mayo, coleslaw, chilli bean non-carne, cheese, baked beans and roasted vegetables) plus free soft drink (or £6.52 with alcoholic drink)

Poretti: free print or 330ml bottle (ended)

You can currently get a free pint or 330ml bottle of Poretti from participating venues. To get it, you need to:

  • Go to one of the venues listed – there’s a search function to find ones near you
  • Purchase a pint or a 330ml bottle of Birrificio Angelo Poretti and get a receipt
  • Take a photo of your receipt
  • Go to the website and fill in the form — you’ll need to provide your name, email address and mobile number, as well as the value of the purchase. It’ll also ask for bank details or PayPal details to receive the cashback.

The promotion ends at 23:59 on 31st August 2025 and you can claim back a maximum of £6.50

Birra Moretti: BOGOF pints (ended)

Until 28 September 2025, you can get buy one, get one free pints at pubs across the country. To get it, you need to go to the promotional site and enter your details, you’ll then be able to choose a location. You will get an email with a voucher to use at the venue.

You need to redeem the voucher while at the venue, as you only get 30 minutes to use it. You’ll have to pay for one pint of Birra Moretti, then you’ll get another for free. There needs to be two of you to redeem it.

Free drinks via apps

These apps often have free drinks to claim.

Free drinks every day with Dusk

The app Dusk gives you a free drink each day at selected bars.

Just download the app and look for the bars participating. If you use the referral code AWEBB5 you’ll earn 500 reward points. I’m not sure they actually do anything right now, but there’s no harm in adding it to your account.

El Tab: £9.99 a week for free drinks

Smartphone app El Tab offers Londoners up to four free drinks every night of the week in different bars across the city. It usually costs £9.99 a week or £24.99 a month.

We’ve done a full analysis of the app to find out whether it can cut cut the cost of boozing in London.

Free drink with Mixr

Mixr is an app that lets you search for, view menus at and book at any pubs and bars owned by Stonegate Pubs. You can also pay in the app and earn points.

There are often free drinks and other discounts.

10% off with Green King Sport app

Download the Green King Sport app to get 10% off orders during live sport. There’s also the chance to win more free drinks and prizes such as tickets to gigs, festivals and sporting events.

Watch out too for free drink promotions.

The full list of pubs can be found here.

Best free business bank accounts

Find a free business bank account for your business type

A business bank account is a separate bank account from your personal one that you maintain just for your business. These accounts are more tailored to business banking, so you can integrate accounting tools, make invoices and categorise your expenses. Some accounts are limited to certain types of businesses, so you’ll need to check that your business is eligible to have an account with your chosen bank.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Featured business banking account
Sponsored

WorldFirst World Account

Customer rating 4.9/5
  • Monthly fee
    £0
  • Currencies available
    Send 100+ currencies to 210+ countries and regions, receive 20+ currencies
  • Payment fees
    £0.30 - £4.00
  • FSCS Protected? No
  • Receive Collect global revenue in 20+ currencies
  • Integration with marketplaces Connect with 130+ marketplaces and payment gateways, including Amazon, Shopee, Shopify and PayPal
  • Pay Make same-day or next-day payments in major currencies or or pay suppliers, employees and taxes locally and internationally in the UK, US, Europe, China and more
  • Fx rates Convert currencies at a 0.3% exclusive rate (new customers). Receive live rate alerts instantly via email or text
  • Team access Control team permissions and roles
  • Fees No account opening or ongoing account fees, no fees to collect funds. Payments cost £0.30 to £4, depending on the currency

Best free business accounts

Business Bank Accounts
Customer rating 4.9/5
  • Monthly fee
    £0
  • Cash deposit fee
    £1 per deposit
  • Fee for transfers in/out
    £0
  • Access Online or via app
  • Cash deposits £1 per deposit at any UK PayPoint or Post Office
  • FSCS Protected? Yes
  • Cash withdrawals Withdraw up to £1,000 per day
  • Integration with accounting tools Not available - Integration only available with Monzo Pro and above
  • Invoicing tools No
  • Eligible companies Sole traders and registered limited companies

Tide Free Business Account

Customer rating 4.7/5
  • Monthly fee
    £0
  • Cash deposit fee
    0.5% (min £2.50) at Post Office, 3% at PayPoint
  • Fee for transfers in/out
    Free transfers in/out for 12 months
£100 welcome bonus
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals £1 per withdrawal
  • Transfers Transfers cost 20p per transfer after a 12 month promotional period
  • Integration with accounting tools Connect your own accounting software or export transactions to share with your accountant for free
  • Invoicing tools Yes - send 3 per month free
  • Offer details Get £100 in cash when you open a Tide Business Account and spend £1,000 within 60 days of account opening. Use the code BCA100 when you sign up.
  • Eligible businesses Registered limited companies or sole traders
Customer rating 4.9/5
  • Monthly fee
    £0
  • Cash deposit fee
    0.7% (min £3)
  • Fee for transfers in/out
    £0
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals 6 free withdrawals per day up to a maximum of £300
  • Integration with accounting tools Can be connected to accounting software
  • Invoicing tools Yes
  • Eligible companies Limited companies, Limited Liability Partnerships or sole traders

Mettle Business Bank Account

Customer rating 4.9/5
  • Monthly fee
    £0
  • Cash deposit fee
    £0
  • Fee for transfers in/out
    £0
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals Free
  • Integration with accounting tools Access to FreeAgent and connect to other accounting software
  • Invoicing tools Yes
  • Eligible businesses Sole traders and limited companies with no more than two owners
Customer rating 4.9/5
  • Monthly fee
    £0
  • Cash deposit fee
    0.55% (min £4)
  • Fee for transfers in/out
    Free to receive, send for free three times each month, 35p afterwards
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals £2 per withdrawal
  • Card issuing fee £9.95 one-off fee
  • Integration with accounting tools Connect your chosen accounting software
  • Invoicing tools Yes
  • Eligible businesses Sole traders and limited companies

Virgin Money M Account for Business

Customer rating 3.7/5
  • Monthly fee
    £0
  • Cash deposit fee
    £0.90 fee per £100
  • Fee for transfers in/out
    £0
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals £0.90 fee per £100 withdrawn. Withdraw up to £700 per day.
  • Integration with accounting tools Can be connected to accounting software
  • Invoicing tools No
  • Cashback 0.25% cashback on debit card purchases
  • Offer details You can get 3 months of Xero or Quickbooks for free with a Virgin Money business account.
  • Eligible companies For businesses with an annual turnover of less than £1m

SumUp Business Account

Customer rating 3.9/5
  • Monthly fee
    £0
  • Cash deposit fee
    Not available
  • Fee for transfers in/out
    £0
  • Access Online or via app
  • FSCS Protected? Yes
  • Cash withdrawals 3 free per month, 2% thereafter
  • Integration with accounting tools Can be connected to accounting sotware
  • Invoicing tools Yes
  • Eligible companies Sole traders or limited companies
Customer rating 4.7/5
  • Monthly fee
    £0
  • Cash deposit fee
    0.95% fee on cash deposits
  • Fee for transfers in/out
    0.95% fee on money paid in (except from your own accounts)
  • Access Online or via app
  • FSCS Protected? No
  • Cash withdrawals Unlimited free withdrawals
  • Integration with accounting tools Share access with your accountant or sync with accounting software
  • Invoicing tools Yes
  • Eligible companies Registered limited companies, Limited Liability Partnerships or sole traders

Countingup Business Bank Account

Customer rating 4.9/5
  • Monthly fee
    £3-£18 per month
  • Cash deposit fee
    Post Office: 0.5% (£2 min) / PayPoint: 3%
  • Fee for transfers in/out
    30p
3 months free & free accounting tools
  • Access Via app
  • FSCS Protected? No
  • Cash withdrawals £1 per withdrawal
  • Integration with accounting tools Fully integrated accounting tools
  • Invoicing tools Yes
  • Eligible businesses Sole traders or registered limited companies
  • Fee details After the 3 month free trial, you'll pay a monthly fee depending on how much you deposit each month. Deposits up to £750: £3 per month; Deposits up to £7,500: £9 per month; Deposits over £7,500: £18 per month

Amaiz Business Bank Account

Customer rating 4.6/5
  • Monthly fee
    £0
  • Cash deposit fee
    Not available
  • Fee for transfers in/out
    Free (FPS transactions)
  • Access Online or via app
  • FSCS Protected? No
  • Cash withdrawals Unlimited free withdrawals
  • Integration with accounting tools No
  • Invoicing tools Yes
  • Eligible businesses For companies of all sizes and risk categories

Do you need a business bank account?

If you’re a sole trader or just earning extra via a side hustle then you don’t need to have a specialist business bank account. You can make do with a standard (and free) personal account.

You don’t have to use the same one you bank with day-to-day. It’s generally best to separate your business money from your personal cash, so it’s best to open a new account — it’s up to you whether you stick with the same bank you use for your personal banking or try a different one. Keeping them separate will be useful when it comes to doing your tax return and working out which purchases were business-related.

But, if you are part of a Limited Company then you’ll have to have a specific business account.

What to look out for when searching for a business bank account

When choosing a business bank account there will be a few differences from regular bank accounts that you’ll want to consider.

Fees

You’ll be more likely to come across fees with these bank accounts. We’ve shown the free accounts above, although this refers to whether there’s a monthly fee. The other fees you might come across include:

  • Initial set-up fee
  • Cash deposit fees
  • Cash withdrawal fees
  • Transaction fees
  • Fees for payments in
  • Fees for transfers out

It’s important to consider what your business is likely going to need. For example, if you take a lot of cash payments, you might be more interested in getting free cash deposits, while a company that doesn’t handle cash much wouldn’t be bothered about cash deposits.

Eligibility

Some accounts aren’t available for all businesses. If you have a Limited Liability Partnership, for example, you’ll have fewer choices when it comes to business bank accounts. Check out “eligible companies” in further details above for an overview. You’ll also want to double-check with the bank directly. Generally speaking, sole traders and limited companies should be eligible for all of the accounts above, although there are often excluded business types.

Cash deposits

Many of the business bank accounts listed above are digital banks, which means there isn’t a high street branch for you to deposit cash into your account, however, most of them will let you deposit cash at the Post Office or using PayPoint. Some have associations with high-street banks — for example, Mettle is owned by NatWest so you can pay in cash at NatWest branches.

Integration

A lot of business bank accounts offer integration with accounting software like Xero or Quickbooks. Or, they’ll offer the option to export your transactions to give your accountant or upload them into your chosen software. If you don’t have accounting software, you probably wouldn’t need this, although it may be useful in the future.

Some business bank accounts come with a free trial of accounting software. While this is worthwhile if you think you’ll need accounting software, remember to cancel it if you don’t think it’s something you’ll need.

The best children’s savings accounts

The highest paying easy-access and regular children’s savings accounts and Junior ISAs

Here’s our guide to the best children’s savings accounts. Check the date to see when this was last updated.

Some articles on the site contain affiliate links, which provide a small commission to help fund our work. However, they won’t affect the price you pay or our editorial independence. Read more here.

Easy access accounts

These can be current accounts for kids or specific children’s savings accounts and are open to anyone under the age of 18. Rates are usually variable, which means they can change, and are often only on a limited amount of money.

With these accounts, your children will be able to manage the money themselves once they reach a certain age.

  • Nationwide FlexOne Saver (5% AER variable on up to £5,000 saved)
    • For 11-17-year-olds
    • Requires a FlexOne current account
    • Can get a Visa debit or a cash card
  • Kent Reliance Demelza children’s savings account (4.18% AER variable)
    • Min £10 / max £25,000
    • Under 18 years old only
    • No debit card
    • 0.25% of the average balance of all Demelza accounts given to Demelza Children’s Hospice each year
    • Open it in branch or via post
  • HSBC MySavings (3.75% AER variable on up to £3,000 saved / 1.1% above this)
    • Min £10
    • Ages 7 to 17
    • Debit card from 11
    • Can be opened online if parent/guardian has HSBC account, otherwise in branch only
Featured kids' bank account
Sponsored
Customer rating 4.9/5
  • Monthly fee
    £3.99
  • Ages
    6 - 17 year olds
  • Parent account required?
    No
  • Offer
    2 months free and £5 pocket money
  • FSCS Protected? Yes
  • Interest paid No - only paid for Plus and Max accounts
  • Fees £3.99 per month for one child
  • Parent account There's no bank account for parents; instead, the account is topped up using your existing bank account
  • Card Customisable debit card
  • Education Includes access to Money Missions to teach kids about money
  • Perks Parents can set chores with the app, and anyone can pay into the account with Giftlinks
  • Offer 2 months free and £5 free pocket money available for new gohenry customers who order a card and deposit £5. Sign up using the code AFUKBC26 to get it.

Regular Savers

These children’s savings accounts pay higher rates but you’re limited on how much you can save each month. Usually, it’s a fixed rate for a year. When the time is up, the account will close and the money will be transferred to a linked savings account.

Junior ISAs

You or your child can save £9,000 a year in a Junior ISA. These can be cash ones earning interest or stocks and shares ISAs which are invested (meaning the value can go up and down).

Though interest or gains earned in an ISA are tax-free, it’s unlikely it makes much difference as there are other allowances that will be more than enough for most kids.

Money in Junior ISAs is also locked away until the child turns 18. Then it’s their money to use as they want.

Parents or guardians have to open the account but anyone can add money – handy for grandparents and other family members who want to put money aside.

Best Cash Junior ISAs

Leek Building Society Junior ISA

Customer rating 4.9/5
  • AER (variable)
    3.85%
  • Minimum
    £1
  • Account opening
    Branch or via post
  • FSCS Protected? Yes
  • Allows transfers in? Yes

Skipton Building Society Junior ISA

Customer rating 4.4/5
  • AER (variable)
    3.8%
  • Minimum
    £1
  • Account opening
    Branch or post

The Stafford Building Society Junior ISA

Customer rating 4.8/5
  • AER (variable)
    3.76%
  • Minimum
    £1
  • Account opening
    Branch or via post
  • FSCS Protected? Yes
  • Allows transfers in? Yes

Coventry Building Society Junior ISA

Customer rating 4.2/5
  • AER (variable)
    3.75%
  • Minimum
    £1
  • Account opening
    Branch or via post
  • FSCS Protected? Yes
  • Allows transfers in? Yes

Danske Bank UK Junior ISA

Customer rating 4.2/5
  • AER (variable)
    3.75%
  • Minimum
    £25
  • Account opening
    Branch or via phone
  • FSCS Protected? Yes
  • Allows transfers in? Yes

NS&I Junior ISA

Customer rating 2.9/5
  • AER (variable)
    3.55%
  • Minimum
    £1
  • Account opening
    Online
  • FSCS Protected? Yes
  • Allows transfers in? Yes

Tax and children’s savings

Our analysis

When choosing a children’s savings account, you probably won’t need to worry about tax on interest.

Children can earn a total of £18,500 from savings and other income each financial year. That’s the £12,500 personal tax allowance, the £5,000 starting savings allowance and the £1,000 personal savings allowance.

However, if parents (and parents only) are adding money to any of the non-tax free accounts then there’s a £100 interest limit each year per parent.

So say the child has £2,000 saved earning 3.75%, they’d make £75 in interest. That’s fine. If they amassed £3,000 in contributions from the same parent the amount earned would be £112.50.

That’s still ok if the money comes from both parents, as the allowances would be combined and the total interest that can be earned would be £200.

But if it’s from one parent, then the entire £112.50 would need to come out of that parent’s Personal Savings Allowance. That might not be a problem – but if it exceeds this, then the whole amount will be subject to tax at the rate the parent pays, which could be 20% or 40%.

To avoid this you might want to save into a Junior ISA.

Other ways to save for kids

Premium Bonds

You can also buy Premium Bonds for children. These cost £1 each, but there’s a minimum purchase of £25. Grandparents are able to buy Premium Bonds, as well as parents and guardians.

The current prize fund is 3.6%, which isn’t the same as 3.6% interest. It’s very likely that with small amounts of cash in Premium Bonds you won’t win anything, but there’s the chance of getting up to £1 million every month.

Pensions

Yep, you can start putting money into a person pension for a child at any age. They won’t be able to access the cash until they reach 57 years old (though that will likely increase when they’re older). However, they can manage where the money is invested from the age of 18.

As with adults adding to pensions, they’ll get 20% tax relief from the government, meaning for every £80 that’s added, £100 will be invested.

There is an annual limit though of £2,880 where you’ll get this extra top-up.

Piggy banks

It can be good to get young kids familiar with coins and money by giving them a piggy bank to save with. Obviously they won’t earn any interest (unless you want to work that out yourself).

Once they get a little older to understand branch and online banking it might make sense to replace the piggy bank with the accounts above.

Apps

Starling offers a free app to help kids learn about money and spending while also giving the parents extra control over purchases called Starling Kite. You can also pay a monthly fee for apps like Go Henry and HyperJar. However, you’re unlikely to get any decent rate of interest from any of these.