Beehive Money savings review
Beehive Money offers a broad range of savings accounts with interest rates up to 4.85%.
![Beehive Money Beehive Money](https://www.finder.com/niche-builder/63591d9a7ccf1.png)
Beehive Money is part of The Nottingham, a building society founded back in 1849. Beehive Money is a savings app and website that helps you to look after your money and enables you to save more ethically.
Beehive Money's top savings rate of 4.85% is available on one of its fixed-rate bond accounts.
The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Beehive Money offers, plus the highest interest rate currently available.
Savings account types include | Easy access, cash ISAs, fixed-rate bonds |
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Best easy access rate | 2.65% |
Best cash ISA rate | 4.8% |
Best fixed-rate bond rate | 4.85% |
Fixed bond terms | 1 year 1 month - 5 years 1 month |
Opening options | Website, mobile app |
FSCS protection |
You can open a savings account with Beehive through the app or via the website. You will need to provide a few details about yourself and details of a nominated bank account. This must be a valid UK current account.
Age restrictions vary depending on the account, but all accounts require you to be a UK resident with a UK-registered mobile number and email address.
To open an account with Beehive Money you will need to have your National Insurance number to hand, along with your driving licence or passport.
Yes, your money is protected up to a total of £85,000 under the Financial Services Compensation Scheme across The Nottingham group which includes Beehive Money.
Beehive Money is a trading name of Nottingham Building Society which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Email support | |
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Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
If you’re happy to manage your savings account online or via an app and you’re looking to save more ethically, a savings account from Beehive Money could be right up your street. However, bear in mind that the choice of savings accounts is not as wide ranging as some of its competitors and interest rates are also fairly low in comparison.
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