{"id":344490,"date":"2020-10-16T12:20:02","date_gmt":"2020-10-16T11:20:02","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=344490"},"modified":"2026-02-17T11:36:21","modified_gmt":"2026-02-17T11:36:21","slug":"best-instant-access-savings-accounts-for-the-over-50s","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/savings-accounts\/best-instant-access-savings-accounts-for-the-over-50s","title":{"rendered":"Best instant access savings accounts for the over 50s UK 2026"},"content":{"rendered":"

Instant access savings accounts let you add and withdraw money whenever you want to, without facing any penalties. In this guide we look at instant access savings accounts for the over 50s to help you understand what they are, whether they\u2019re worth it, and how to apply for one.<\/p>

\"FSCS-protected
Is my money safe?<\/h5>

The Financial Services Compensation Scheme (FSCS) guarantees that it will step in to compensate the first \u00a3120,000 you have saved with a UK-authorised bank, building society or credit union in the event that the business goes bust.<\/p><\/div><\/article>

Compare instant access savings accounts for the over 50s<\/h3>
Table: sorted by interest rate, promoted deals first<\/div>
\n
\n <\/div>\n
\n
\n
<\/div>
7 of 7 results<\/span><\/small><\/div>
<\/use><\/svg>Updated daily<\/span><\/a><\/span><\/div><\/div><\/div>
<\/div>
\n Account type\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Withdrawals\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Open with\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Deposit protection\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Rate\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Open via\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Incentive\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th>\n Table product description\n <\/use><\/svg><\/use><\/svg><\/use><\/svg><\/th><\/tr><\/thead>
\n Variable rate savings\n <\/div><\/td>
\n Easy access<\/span><\/div><\/td>
\n From \u00a30\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.20% AER variable\n <\/div><\/td>
\n Open via: mobile app. Available to Plum member customers.\n <\/div><\/td>
<\/div>
\"Chip<\/a>
<\/div>
Chip Clearbank - Chip Easy Access Saver<\/a><\/span><\/div><\/td>
\n Variable rate savings\n <\/div><\/td>
\n Easy access<\/span><\/div><\/td>
\n Up to \u00a31,000,000\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.81% AER variable (includes a 0.31% bonus <\/span>)\n <\/div><\/td>
\n Open via: mobile app.\n <\/div><\/td>
\n The account will have 3 penalty-free<\/strong> withdrawals in a 12-month period.\n <\/div><\/td>
<\/div>
\"Yorkshire<\/a>
<\/div>
Yorkshire Building Society Easy Access Saver Issue 4<\/a><\/span><\/div><\/td>
\n Variable rate savings\n <\/div><\/td>
\n Easy access\n <\/div><\/td>
\n \u00a31 - \u00a3500,000\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.65% AER variable\n <\/div><\/td>
\n Open via: website.\n <\/div><\/td>
<\/div>
\n Variable rate savings\n <\/div><\/td>
\n Easy access\n <\/div><\/td>
\n \u00a31 - \u00a31,000,000\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.51% AER variable (includes a 0.51% bonus <\/span>)\n <\/div><\/td>
\n Open via: mobile app.\n <\/div><\/td>
<\/div>
\"RCI<\/a>
<\/div>
RCI Bank Freedom Savings Account Monthly<\/a><\/span><\/div><\/td>
\n Variable rate savings\n <\/div><\/td>
\n Easy access\n <\/div><\/td>
\n \u00a3100 - \u00a3250,000\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.95% AER variable\n <\/div><\/td>
\n Open via: website.\n <\/div><\/td>
<\/div>
\"RCI<\/a>
<\/div>
RCI Bank Freedom Savings Account<\/a><\/span><\/div><\/td>
\n Variable rate savings\n <\/div><\/td>
\n Easy access\n <\/div><\/td>
\n \u00a3100 - \u00a3250,000\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3.95% AER variable\n <\/div><\/td>
\n Open via: website.\n <\/div><\/td>
<\/div>
\"Plum<\/a>
<\/div>
Plum Investec Bank - Easy Access (Basic)<\/a><\/span><\/div><\/td>
\n Variable rate savings\n <\/div><\/td>
\n Easy access<\/span><\/div><\/td>
\n From \u00a30\n <\/div><\/td>
\"FSCS<\/span><\/div><\/td>
\n 3% AER variable\n <\/div><\/td>
\n Open via: mobile app.\n <\/div><\/td>
<\/div>