Best Savings Accounts UK July 2025

We have curated a list of best savings accounts UK July 2025. A Cash ISA, or Individual Savings Account, is a smart way for people in the UK to save money without having to pay tax on the interest they earn. Each year, you can put away up to £20,000 (for the 2024/25 tax year) into this type of account.

There are different kinds of Cash ISAs available – like those that let you access your money right away, fixed-rate options where your interest is locked in for a set time, or accounts that require notice before you can take out funds. This variety means you can pick one that fits your financial situation best.

You can find these accounts at banks, building societies, and credit unions. They are generally considered safe because they’re protected by the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per provider.

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Our list of the best savings accounts UK July 2025 are particularly great for keeping your emergency savings because they allow easy access while still helping your money grow tax-free. If you choose an instant access Cash ISA, you can take out money whenever you need it without facing any fees for doing so.

Plus, since you’re not paying taxes on any interest earned, your savings will increase more quickly than if they were sitting in a regular taxable account. This makes our list of best savings accounts UK July 2025 an excellent choice for anyone looking to build a secure emergency fund that’s readily available when life throws unexpected expenses their way.

Let us take a look at the Best Cash ISA Savings Account:

1. Best Easy Access Cash ISA Savings Account

An Easy Access Cash ISA Savings Account is a type of Individual Savings Account (ISA) offered by banks and financial institutions in the UK. It is designed to provide a tax-efficient way to save money while offering flexibility and ease of access to your funds.

1. Trading 212 Cash ISA

• Interest Rate: 4.1%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes
• Flexible ISA: Yes

2. Plum

• Interest Rate: 4.85% ** (It includes a Plum bonus of 1.56% if kept for 12 consecutive months and is for new customers only. The interest rate for ISA transfers is 3.29% AER (variable) because they aren’t eligible for the Plum bonus.)
• Minimum Investment: £100
• 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.
• Allows Transfers in: Yes
• Flexible ISA: No
• Additional Boost: It includes a Plum bonus of 1.56% for the first year (no bonus paid for transfers in).

Also Read: Cash ISA vs Stocks and Shares ISA – Detailed Comparison

3. Moneybox Cash ISA

• Interest Rate: 5.46% ** (It includes a 1.51% fixed 3 month bonus and is for new customers only.)
• Minimum Investment: £500
• FSCS Protected: Yes
• Allows Transfers in: Yes
• Flexible ISA: No
• Additional Boost: It includes a bonus of 1.51% for the first 3 months. A lower interest rate of 0.75% AER (variable) applies whenever your account balance is less than £500. It also applies for the rest of your current 12-month period from your fourth withdrawal.

4. Chip Cash ISA

• Interest Rate: 3.04% ** (New Chip customers get a boost of 0.37% AER to 4.82% for 12 months)
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes
• Flexible ISA: Yes
• Additional Boost: Open a Chip Cash ISA and deposit at least £1 within 7 days to get the boosted rate of 4.82%. You need to be a new Chip customer to be eligible. The rate drops to 3.04% after 12 months.

5. Tembo Cash ISA

• Interest Rate: 4.80%
• Minimum Investment: £10
• FSCS Protected: Yes
• Allows Transfers in: Yes
• Flexible ISA: No
• Additional Boost: No Boost or Rate Drops.

2. Fixed Rate Cash ISA Savings Account

Also Read: Transform Your Future & Unleash Wealth with Trading 212 – WealthilyYours

A Fixed Rate Cash ISA is a tax-free savings account available in the UK, offering a guaranteed interest rate for a set term, typically.

Best 1 Year Fixed Rate Cash ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for 1 year.

1. Close Brothers

• Interest Rate: 4.14%
• Minimum Investment: £10,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. Secure Trust Bank

• Interest Rate: 4.25%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. Kent Reliance

• Interest Rate: 4.26%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

4. Charter Savings Bank

• Interest Rate: 4.23%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

Also Read: How to invest your first 10000£ in the UK

5. United Trust Bank

• Allows Transfers in: Yes
• Interest Rate: 4.25%
• Minimum Investment: £5,000
• FSCS Protected: Yes

Best 18 month fixed Cash ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for 18 months.

1. Coventry Building Society

• Interest Rate: 3.80%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. Marsden Building Society

• Interest Rate: 3.90%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. Skipton Building Society

• Interest Rate: 4.06%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

4. Newcastle Building Society

• Interest Rate: 4.00%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

5. Melton Building Society

• Interest Rate: 4.15%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

Also Read: 9 Pointer Robust Comparison: Stocks and Shares ISA vs Invest ISA

Best 2 year fixed Cash ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for 2 years.

1. Shawbrook Bank

• Interest Rate: 4.05%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. Hodge Bank

• Interest Rate: 4.12%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. Kent Reliance

• Interest Rate: 4.16%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

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4. Close Brothers

• Interest Rate: 4.17%
• Minimum Investment: £10,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

5. Secure Trust Bank

• Interest Rate: 4.17%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

Best 3 year fixed Cash ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for 3 years.

1. Shawbrook Bank

• Interest Rate: 3.93%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. Hodge Bank

• Interest Rate: 4.10%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: No

3. UBL

• Interest Rate: 4.11%
• Minimum Investment: £2,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

4. United Trust Bank

• Interest Rate: 4.18%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

5. Secure Trust Bank

• Interest Rate: 4.16%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

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Best 4 year fixed Cash ISA Savings Account

These are our top 3 best savings accounts UK July 2025 if you wish to save for 4 years.

1. UBL

• Interest Rate: 4.11%
• Minimum Investment: £2,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. United Trust Bank

• Interest Rate: 4.00%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. Zopa

• Interest Rate: 3.80%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

Best 5 year fixed Cash ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for 5 years.

1. Hinckley & Rugby Building Society

• Interest Rate: 4.08%
• Minimum Investment: £500
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. Shawbrook Bank

• Interest Rate: 4.18%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. UBL

• Interest Rate: 4.11%
• Minimum Investment: £2,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

4. Close Brothers

• Interest Rate: 4.17%
• Minimum Investment: £10,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

5. Hodge Bank

• Interest Rate: 4.05%
• Minimum Investment: £1,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

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Best 7 year fixed Cash ISA Savings Account

1. United Trust Bank

• Interest Rate: 3.50%
• Minimum Investment: £5,000
• FSCS Protected: Yes
• Allows Transfers in: Yes

Best Lifetime ISA Savings Account

These are our top 5 best savings accounts UK July 2025 if you wish to save for lifetime which is efficient if you are savings for your retirement or to buy a home.

1. Moneybox

• Interest Rate: 4.45% (This rate comprises a 3.30% base rate (variable) and a 1.15% fixed bonus rate for the first 12 months.)
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

2. AJ Bell Dodl

• Interest Rate: 4.32%
• Minimum Investment: £100
• FSCS Protected: Yes
• Allows Transfers in: Yes

3. Tembo

• Interest Rate: 4.60%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

4. Bath Building Society

• Interest Rate: 3.10%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: No

5. Paragon Bank

• Interest Rate: 3.51%
• Minimum Investment: £1
• FSCS Protected: Yes
• Allows Transfers in: Yes

Conclusion: Best Savings Accounts UK July 2025

To wrap things up, we’ve highlighted some of the best savings accounts UK July 2025 you can find right now. These accounts not only provide attractive interest rates but also allow you to save money without paying taxes on your earnings, making them a smart choice for building your savings.

Whether you’re setting aside money for unexpected expenses, planning for future goals, or just looking to maximize your yearly ISA limit, these options are fantastic ways to grow your wealth.

Selecting the Best Cash ISA Savings Account in the UK for 2025 is crucial for maximizing your savings while benefiting from tax-free interest. The best savings accounts UK July 2025 offer competitive interest rates, flexibility, and FSCS protection, ensuring your money grows safely.

Also Read: Maximize Tax-Free Wealth with ISAs in the UK – WealthilyYours

When comparing the best savings accounts UK July 2025, consider factors like fixed vs. instant access options and any withdrawal restrictions. The right choice depends on your financial goals, whether for short-term savings or long-term security. By researching and selecting from the best savings accounts UK July 2025, you can make informed decisions that help you build a stronger financial future in 2025 and beyond.

We’ll keep an eye on the market for any changes in the best savings accounts UK July 2025 offerings, especially with possible rate adjustments coming in August. Make sure to stay updated with us for the latest news and insights on the best savings accounts UK July 2025 so you can make well-informed choices about your financial future!

FCA Disclaimer

This article is for informational purposes only and does not constitute investment advice. WealthilyYours is not authorised or regulated by the FCA. You should always conduct your own research or seek independent financial advice when planning investments.

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