Starling Bank savings review

Starling offers a select range of savings accounts with interest rates up to 3.8%.

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Kate Steere

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Starling

Starling Bank has made a name for itself as a digital bank which looks to offer innovative products and help customers manage their finances better. Building on the success of its personal current account, Starling has branched out into offering savings accounts.

Starling's top savings rate of 3.8% is available on one of its fixed-rate bond accounts.

Fixed-rate bonds
Business

Fixed-rate bonds

Table: sorted by interest rate
Starling's best fixed-rate bond rate of 3.8% is significantly lower than today's market-best rate of 7.5%.
1 of 1
Updated daily
Product Rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description
Starling logo
Starling Bank 1 Year Fixed Saver
3.8% AER fixed for 1 year
From £2,000
Maturity
Withdrawals not permitted
Website, mobile app
FSCS logo
protected
Open via: website, mobile app. Existing customers only
Go to siteMore info
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Business savings accounts

Table: sorted by interest rate
Starling's best business savings account rate of 2.5% is significantly lower than today's market-best rate of 4.55%.
1 of 1
Updated daily
Product Interest rate Interest paid Open with Term Incentive Table product description
Starling logo
Starling Bank 1-Year Business Fixed Saver
2.5% AER fixed
Maturity
£2,000 - £1,000,000
1 year
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Compare more business savings accounts up to 4.55%
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What is Starling's best savings account with the highest interest rate?

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 Starling offers, plus the highest interest rate currently available.

Savings account types include Fixed-rate bonds, business
Best fixed-rate bond rate 3.8%
Best business savings account rate 2.5%
Fixed bond terms 1 year
Opening options Website, mobile app
FSCS protection

What savings accounts does Starling offer?

Starling has 2 different types of savings services. One is its Fixed Saver, offering a guaranteed rate of interest for 12 months. The second is its Savings Spaces, which are virtual piggy banks where customers can put money to one side.

Fixed Saver

Starling’s 1-Year Fixed Saver offers a guaranteed rate of interest for 12 months. Here are its key features:

  • Fixed rate. You can earn a very respectable rate on your savings, paid at the point of maturity.
  • Deposit. There is a minimum deposit requirement of £2,000. You can also save up to £1 million.
  • Eligibility. You must have a personal current account with Starling in order to open its Fixed Saver. However other eligibility conditions may apply.
  • Multiple accounts. Customers can open multiple Fixed Savers.
  • FSCS protected. Your money is covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 across all your Starling accounts.

Savings Spaces

Starling’s Savings Spaces sit within your bank account, but the money is kept separate from your main balance. They are not technically separate savings accounts. Instead, they are virtual piggy banks designed to help you visualise your savings goals.

  • Transfers. You can move money from your main account to one of your spaces easily within your apps.
  • Interest. Starling offers 0.05% AER on current account balances, including its Savings Spaces.
  • Round-ups. You can use Starling’s Round Ups feature to automatically send the space change to your chosen Space.
  • Virtual cards. You can create a virtual debit card and link it to a Savings Space, allowing you to spend directly from that pot.

How to open an account

To open either the Fixed Saver or create a Savings Space, you will first need to open a personal current account.

  1. Download the app
  2. Create an account by providing your name, date of birth, email address and home address
  3. Verify your identity through the app using a selfie video and photo of your ID
  4. Wait to be approved (this usually only takes a few minutes)

Once your personal current account is set up, you can open your Fixed Saver via online banking.

Savings Spaces can be created in-app and funds can be instantly transferred from your main account balance.

Is it safe?

Starling is covered by the Financial Services Compensation Scheme (FSCS). This means that you are protected up to £85,000. However, it’s important to note that is across all your Starling accounts. So, you will need to factor in how much you have in your main current account balance as well as your Fixed Saver.

If you fall victim to fraud, Starling is regulated by the Financial Conduct Authority. Its app also has several security features to protect your account including passcode and password protection, live records of your transactions and home screen notifications to alert you to any strange activity on your account.

Pros and cons

Pros

  • Competitive interest rates
  • Easy account management in-app
  • Multiple accounts can be held
  • FSCS protected

Cons

  • Limited range of savings products available
  • No bank branches or face-to-face communication with Starling Bank staff member
  • Interest paid at maturity

Starling customer reviews

In our independent 2025 customer satisfaction survey, 87% of Starling’s users said they’d recommend Starling’s savings accounts to a friend.

In the App Store, the Starling app scores 4.9 out of 5 from more than 550,000 reviews. Over at the Google Play store, it scores 4.8 out of 5 from around 129,000 reviews.

On Trustpilot, Starling has a score of 4.3 out of 5 from over 44,000 customer reviews.

These were checked in May 2025.

Our verdict: Is a savings account from Starling worth it?

If you are looking for a short-term place to put your savings and earn some interest, then it’s worth considering Starling’s Fixed Saver. Although you need to be a personal current account customer, it is quick and easy to get yourself set up with an account. As long as you are happy not to have access to your money for 12 months, then you can earn a decent rate of interest.

Starling’s Savings Spaces are also a good money management tool. However, with minimal interest paid on your money, they are better used for budgeting rather than for growing your savings over the short term.

If neither of Starling’s savings options appeal to you, then take a look at what other savings accounts are available.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
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Kate Steere is an editor at Finder, specialising in fintech, banking and cryptocurrency. She has previously written for The Motley Fool UK and Fitch Solutions, where she covered a wide range of personal finance topics and kept a close eye on market trends. Kate has a Bachelor of Arts in Modern History from the University of East Anglia. When not working, she can usually be found curled up with a good book or heading out for a run. See full bio

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