Weekly Savings Roundup: Top UK Accounts for December 2025
Published: 18 December 2025
By Megan Notley, Content Writer
As the year draws to a close, UK savers are being urged to carefully review and switch to the best available savings deals on the market. According to the latest data released by the Office for National Statistics (ONS), inflation has continued to slow, dropping to 3.2% in the year to November 2025, down from 3.6% in October. Despite this encouraging trend, savings rates have on average failed to keep pace with inflation for the majority of 2025. Inflation Outpaces Savings Rates
A detailed analysis conducted by Moneyfactscompare.co.uk reveals that throughout the year, the average inflation rate stood at 4.01%, while the average savings rate was notably lower at 3.50%. This gap means that savers are essentially losing purchasing power, with a typical saver’s balance of £10,000 being worth about £50 less in real terms by the end of the year.
Caitlyn Eastell, spokesperson for Moneyfactscompare.co.uk, emphasised the impact:
"This year inflation has averaged 4.01% and the Moneyfacts Average Savings Rate at 3.50%, meaning cash savings have failed to keep pace. For someone with £10,000, this equates to being around £50 worse off in real terms."
Many Savers Haven’t Switched Accounts
The Moneyfacts Savings Trends Index highlights a worrying trend: one in four savers admitted they have never switched their savings accounts. Eastell cautioned savers about the dangers of loyalty, noting that it often isn’t rewarded:
"Loyalty isn’t always incentivised."
Fortunately, there are still viable options for savers willing to be proactive. At the time of the ONS data release, 1,512 savings accounts were offering rates that beat inflation. These break down into roughly 153 easy access accounts, 145 notice accounts, and 739 fixed rate bonds. Savers have a broad range of accounts to choose from if they shop around diligently.
"The markets are most generous to those who proactively search for the highest paying deals," Eastell added.
Top Easy Access Savings Accounts December 2025
For savers looking for flexibility, the most lucrative easy access savings accounts this week include:
-
Chase Saver With Boosted Rate
- Rate: 4.50% AER (Annual Equivalent Rate), including a 1.94% bonus for 12 months
- Minimum deposit: No minimum to open
- Features: Unlimited penalty-free withdrawals; daily external transfer limit of £25,000
- Notes: App-only account
-
Sidekick Multi Shield
- Rate: 4.48% AER including a 1.00% bonus for the first six months on balances from £10,000 to £120,000; 3.48% AER on amounts above £120,000
- Minimum deposit: £10,000
- Features: Mobile app management; withdrawals released next working day
- Additional benefit: Spreads savers’ funds across partner banks offering FSCS protection up to £360,000
-
cahoot Simple Saver (Issue 13)
- Rate: 4.40% AER flat rate
- Minimum deposit: £1
- Features: No introductory bonus; interest paid monthly or on anniversary; straightforward online access
What Should Savers Do?
Savers are encouraged to actively compare rates across the full savings market to find accounts best suited to their needs. Whether they prefer easy access, notice accounts, or fixed rate bonds, there are competitive options available designed to keep pace with or outperform inflation.
Looking Ahead
The next Savings Roundup will be published on 8 January 2026, offering savers fresh insights into the latest deals and market movements as the new year begins. Staying vigilant and willing to switch accounts could help many recover lost ground due to the inflation-savings gap experienced in 2025. For more detailed comparisons and to search the full range of savings accounts, visit Moneyfactscompare.co.uk and explore the comprehensive charts and expert guides dedicated to helping UK savers maximise their returns.
Related Reading:
- UK Inflation Slows as November Figures Released
- How Are Savings Taxed in the UK?
- Understanding Your ISA Allowance
About Moneyfactscompare.co.uk:
Moneyfactscompare.co.uk is a leading UK financial comparison site, providing up-to-date information on savings accounts, ISAs, mortgages, loans, insurance, and more. Their expert insights help consumers make informed financial decisions.
For personalized advice or assistance in navigating savings options, consult a certified financial advisor.