Personal Savings Account

Grow your savings effortlessly and earn competitive interest rates.

Our personal savings accounts

4.95% AER

Our most popular accounts

up to 6.10% AER
up to 6.05% AER

Save smarter with Recognise Bank

Protect and grow your money with our award winning savings accounts. Whether you’re saving for a house or a holiday, be sure to find the rate that’s right for you.

All our savings accounts are FSCS Protected1 completely free to use, and quick and easy to set up.

Enjoy competitive interest rates and deposit between £1,000 and £85,000 today.

Don’t take our word for it. See why our customers love us:

Our personal saving accounts

5.75% AER
5.85% AER
5.80 % AER
5.70% AER
3.50% AER
1.75% AER

Important information

AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded annually each year.

Gross is the interest rate payable before tax is deducted.

1Your eligible deposits with Recognise Bank are protected up to a total of £85,000 for individuals and £170,000 for joint accounts by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This means in the unlikely event that Recognise Bank were to fail or become insolvent, any deposits you hold below this limit will be protected under this scheme. For more information visit

Frequently asked questions

Yes, you can open a savings account for your child or grandchild however it must be in your name as the account holder must be over 18.

To close a savings account, you must contact us by phone, email or by sending us a secure message and request an account closure. Please refer to your product terms and conditions for more information or contact a member of the team.

No, a personal savings account and an ISA (Individual Savings Account) are different. The key difference is ISAs offer tax-free interest whereas personal savings accounts are subject to tax.

Interest on our personal savings accounts is paid monthly or annually.

Savings accounts themselves don’t directly affect your credit score.

Yes. Each co-owner can deposit, withdraw, and manage the account. Plus, your FSCS protection will be increased to £170,000.

You can view our historic interest rates here.

Can't find what you're looking for?

Check out our savings FAQs or contact us for additional support.