Best UK Savings Rates This Week (June 2025)

Published: 12/06/2025 | By Rory McGrellis

As we step into mid-June, savers in the UK are seeing promising changes in the savings rate landscape. With some leading easy access accounts climbing back up to attractive returns and fixed-rate bonds showing positive trends, this week presents several options for those looking to grow their savings.

Current Trends in Savings Rates

After experiencing a downward trend in recent months, the top easy access savings rate has rebounded to an impressive 5.00% AER, thanks to a recent rate increase from Chase. This uptick comes on the heels of the Bank of England’s decision to lower the base interest rate to 4.25% last month, a move that affected savings rates across various accounts.

In parallel, those considering fixed-rate bonds can find that the leading five-year accounts now yield 4.46% AER. This rate marks a noteworthy increase, surpassing the one-year fixed options, which are currently standing at 4.45% AER—a notable change after a period of significant cuts in the sector.

Caitlyn Eastell, a spokeswoman at Moneyfactscompare.co.uk, commented, "It is encouraging to see a more traditional savings market make a comeback, as long-term fixed bonds pay better returns than their short-term counterparts." This suggests a potential shift in consumer behavior towards longer-term savings as rates improve.

However, experts advise savers to weigh their options carefully, taking into account their individual financial situations rather than merely opting for the highest rates available.

Top Savings Rates Available Now

Here are some of the most competitive savings products currently available to new customers, requiring a minimum deposit of £10,000. It’s worth noting that existing customers or those willing to deposit more may find even higher rates elsewhere.

Easy Access Accounts

1. Chase

• Account: Chase Saver With Boosted Rate
• Rate: 5.00% AER (includes a bonus)
• Notice: None

2. Atom Bank

• Account: Instant Saver Reward
• Rate: 4.75% AER
• Notice: None

3. Snoop

• Account: Snoop Easy Access Savings Account 1
• Rate: 4.60% AER
• Notice: None

The Chase Saver With Boosted Rate, now leading at 5.00% AER, benefits from a substantial 2.25% AER bonus which is set to expire after the first year. This account allows savers to easily access their funds through an app, meaning that no minimum deposit is needed to start accruing interest monthly. However, there is a daily transfer limit of £25,000 for withdrawals.

For those seeking accounts without the additional complexity of a bonus, Atom Bank’s Instant Saver Reward offers a competitive rate of 4.75% AER, although it drops to 2.50% AER if any withdrawals are made. Like Chase’s product, this account is app-based and does not require a minimum initial investment.

Additionally, the Snoop Easy Access Savings Account 1 offers a daily rate of 4.60% AER for savers starting with a deposit of just £1. This account has flexible terms allowing for additional contributions, making it an attractive choice for savers looking for both convenience and competitive returns.

Conclusion

The current savings rate landscape reflects a more favorable environment for UK savers, highlighting higher returns, particularly for easy access and fixed-rate options. As rates fluctuate, it’s essential for consumers to carefully evaluate their personal financial goals against the offerings available in the market. For those willing to explore their options further, our comparison charts provide a comprehensive overview of the savings landscape, ensuring that all savers can make informed choices.

Stay updated with our latest articles for more information on savings, mortgages, and other financial products designed to help you manage your money effectively.

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