Not sure which savings account is right for you?
Here you’ll find all the details you need to quickly compare our savings accounts at a glance.
Since 6 April 2016 you can also earn tax-free interest on money held in savings or current accounts. There's an overall limit to the total amount of tax-free interest you're allowed to earn on all your savings, across all the different providers and accounts you may have.
The Personal Savings Allowance is £1,000 for basic rate tax payers and £500 for higher rate tax payers. Additional rate tax payers do not receive a Personal Savings Allowance.
Simply click on the account name for more details of the account.
Compare ISAs
| Account | Interest rate Tax free/AER (variable) |
Interest paid on balances over | Access | Interest Paid | Ways to manage your account | |
|---|---|---|---|---|---|---|
| Cash ISA Saver | 1.10% on balances of £1+ Interest rates include a fixed introductory bonus of 0.20% for 12 months from the date of account opening. |
£1+ The interest rate you earn depends on how much you have in your account. |
Instant | Yearly |
|
More details |
| Save Well Limited Access ISA | 2.95%/3.00% Tax free/AER variable in months you don’t make a withdrawal. Lower rate of 0.24%/ 0.25% Tax free /AER variable in months you make a withdrawal. |
£1+ | Instant, but if you make a withdrawal, the interest rate applied to the balance for the whole calendar month in which your withdrawal is made, will be a lower rate of 0.24%/ 0.25% Tax free/AER variable |
Monthly |
|
More details |
| 18 Month Fixed Rate Cash ISA | 3.92% Tax free/4.00% AER fixed | £1+ | Withdrawals allowed but incur a loss of interest charge 1 | Monthly |
|
More details |
| 2 Year Fixed Rate Cash ISA | 4.00% Tax free/AER fixed |
£1+ | Withdrawals allowed but incur a loss of interest charge 1 |
Yearly |
|
More details |
| 3 Year Fixed Rate Cash ISA | 4.00% Tax free/AER fixed |
£1+ | Withdrawals allowed but incur a loss of interest charge 1 |
Yearly |
|
More details |
| Junior Cash ISA | 3.15% Tax free/AER variable |
£1+ | Restricted, no withdrawals untill the child is 18 |
Yearly |
|
More details |
Interest earned on your ISA does not count towards any Personal Savings Allowance that may apply to you.
Tax treatment depends on your individual circumstances and may change.
Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
1 Charge equivalent to:
135 days tax free interest on the amount withdrawn for the 18 month Fixed Rate Cash ISA
180 days tax free interest on the amount withdrawn for the 2 Year Fixed Rate Cash ISA
270 days tax free interest on the amount withdrawn for the 3 Year Fixed Rate Cash ISA
Junior Cash ISA: Tax Free Annual Personal allowance £9,000 for 2026/2027.
Interest earned on the child’s ISA does not count towards any Personal Savings Allowance that may apply to the child. The tax treatment of each account depends on the child’s individual circumstances and may change.
Cash ISA Saver, Save Well Limited Access ISA and Fixed Rate ISA: ISA Tax Free Annual Personal Allowance £20,000 for 2026/2027.
Compare instant access savings accounts
| Account | Interest rate Gross/ AER (variable) |
Interest paid on balances over | Access | Interest Paid | Ways to manage your account | |
|---|---|---|---|---|---|---|
| eSavings | 1.00% on balances of £1+ Interest rates include a fixed introductory bonus of 0.10% for 12 months from the date of account opening. |
£1+ The interest rate you earn depends on how much you have in your account. |
Instant | Yearly |
|
More details |
| Easy Saver | 1.00% on balances of £1+ Interest rates include a fixed introductory bonus of 0.10% for 12 months from the date of account opening. |
£1+ The interest rate you earn depends on how much you have in your account. |
Instant |
Yearly |
|
More details |
| Save Well Limited Access Account | 2.95%/3.00% Gross/AER variable in months you don’t make a withdrawal. Lower rate of 0.24%/0.25% Gross/AER variable in months you make a withdrawal. | £1 | Instant, but if you make a withdrawal the interest rate applied to the balance for the whole calendar month in which your withdrawal is made, will be a lower rate of 0.24%/0.25% Gross/AER variable | Monthly |
|
More details |
| Monthly Saver | 5.00% Gross/AER Fixed |
£25 | Instant |
Yearly |
|
More details |
| Savings Pots | For Spend & Save accounts 1.44% Gross/1.45% AER variable For Spend & Save Plus accounts 1.53% Gross/1.55% AER variable |
£1 | Instant |
Monthly |
|
More details |
Monthly Saver: Deposit between £25 up to £250 by standing order each month. One account per person & cannot replace money withdrawn.
You can make withdrawals from the Account at any of our branches but you can only make payments from this Account to another TSB current or savings account in your name with us (or in the case of a joint account, in any of your names).
Compare fixed term savings
| Account | Fixed Term | Interest rate Gross /AER (variable) |
Interest paid on balances over | Access | Interest Paid | Ways to manage your account | |
|---|---|---|---|---|---|---|---|
| Fixed Bond | 1 year | 3.90% Gross/AER fixed (on a 1 year term) |
£1 |
At maturity | Yearly or monthly |
|
More details |
| Fixed Bond | 2 year | 3.90% Gross/AER fixed (on a 2 year term) |
£1 |
At maturity |
Yearly or monthly |
|
More details |
| Fixed Bond | 3 Year | 3.90% Gross/AER fixed (on a 3 year term) | £1 | At maturity | Yearly or monthly |
|
More details |
Interest rates quoted are for interest paid annually.
Early withdrawals or closures not permitted once open.
Compare children's savings accounts
| Account | Interest rate |
Interest paid on balances over | Access | Interest Paid | Ways to manage your account | |
|---|---|---|---|---|---|---|
| Young Saver | 2.72% Gross/2.75% AER variable |
£1 |
Instant | Quarterly |
|
More details |
| Junior Cash ISA |
3.15% Tax free/AER variable |
£1+ |
Restricted, no withdrawals until the child is 18 |
Yearly |
|
More details |
Interest earned on the child’s ISA does not count towards any Personal Savings Allowance that may apply to the child. The tax treatment of each account depends on the child’s individual circumstances and may change.
Junior Cash ISA Tax Free Annual Personal allowance £9,000 for 2026/2027.
Transferring your ISA
The fastest and easiest way to move an ISA to us is through the app, here’s how:
Choose the ISA you want and open it
Download the TSB app, tap your ISA and ‘Manage’, then select ‘Transfer ISA in’
Follow the instructions on screen to start your transfer
We’ll contact your provider and ask them to transfer the funds
Cash ISAs can take around 15 days. Stocks and Shares ISA will take around 30 days
You can also do this in Internet Banking, by booking an appointment to speak to us, or using our ISA transfer form.
We use Docusign for our ISA transfer form. Docusign don't use your data, they simply pass it to us securely. Find out more in our Data Privacy Notice.
AER
Annual Equivalent Rate. AER illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Gross rate
This means that credit interest is paid without income tax being deducted.
Tax-free
This is the contractual rate of interest payable where interest is exempt from income tax.
Important Information
The Annual Equivalent Rate (AER) shows what the interest would be if the interest was paid and added to the account once each year. It lets you compare savings accounts easily. Gross rate means that credit interest is paid without income tax being deducted. Tax-free is the contractual rate of interest payable where interest is exempt from income tax. Tax treatment depends on your individual circumstances and may change.
You need to be 16+ and UK resident to open most of our savings accounts with the exception of Savings Pots and TSB ISAs. For children under 16 please see specific pages for opening procedures.
