Savings accounts

Compare savings accounts and choose what's right for you

Find an account that suits you from our trusted partners. View them below to find out more and apply.

Check rates and apply
Up to £150 Cashback T&Cs apply

Current highest savings rates

Understanding AER and interest / expected profit

Please note, for Shariah-friendly accounts interest is replaced by expected profit. The notes below apply to both interest and profit.

What does AER mean?

• We show the interest / expected profit rate as an AER, which stands for Annual Equivalent Rate

• This shows what you’d get over a year if you put money in the account and left it there.

• It helps you decide between different accounts, by adjusting for the differences between them so you can compare them on a like-for-like basis.

How much interest / expected profit will I actually get?

• This will depend on a few things:

• How much you deposit

• How long you leave it in savings

• The rate (and any changes in the rate if it’s variable)

•  How often the interest / expected profit is compounded (the more frequently, the more you’ll get)

What is compound interest / expected profit?

• Compound interest / expected profit is when you earn money on your savings – then go on to earn more on that total.

• So, over time, you are earning interest / expected profit on your original savings but also on the interest / expected profit itself.

• This keeps happening, meaning the amount you’ve saved gets bigger and bigger.

• For example:

    - You start out with £1,000 in your savings and a rate of 5%, which is compounded annually

    - In the first year, you’ll earn £50, bringing your total to £1,050

    - In the second year, you’ll earn interest / expected profit on £1,050 which is £52.50, bringing your total to £1,102.50

    - With each year that passes, your interest / expected profit gets bigger and bigger, even if the rate stays the same.

Understanding AER and interest / profit

Please note, for Shariah-friendly accounts interest is replaced by expected profit. The notes below apply to both interest and proft.

What does AER mean?

• We show the interest / profit rate as an AER, which stands for Annual Equivalent Rate

• This shows what you’d get over a year if you put money in the account and left it there.

• It helps you decide between different accounts, by adjusting for the differences between them so you can compare them on a like-for-like basis.

How much interest / profit will I actually get?

• This will depend on a few things:

• How much you deposit

• How long you leave it in savings

• The rate (and any changes in the rate if it’s variable)

•  How often the interest / profit is compounded (the more frequently, the more you’ll get)

What is compound interest / profit?

• Compound interest / profit is when you earn money on your savings – then go on to earn more on that total.

• So, over time, you are earning interest / profit on your original savings but also on the interest / profit itself.

• This keeps happening, meaning the amount you’ve saved gets bigger and bigger.

• For example:

    - You start out with £1,000 in your savings and a rate of 5%, which is compounded annually

    - In the first year, you’ll earn £50, bringing your total to £1,050

    - In the second year, you’ll earn interest / profit on £1,050 which is £52.50, bringing your total to £1,102.50

    - With each year that passes, your interest / profit gets bigger and bigger, even if the rate stays the same.

Understanding AER and interest / profit

Please note, for Shariah-friendly accounts interest is replaced by expected profit. The notes below apply to both interest and proft.

What does AER mean?

• We show the interest / profit rate as an AER, which stands for Annual Equivalent Rate

• This shows what you’d get over a year if you put money in the account and left it there.

• It helps you decide between different accounts, by adjusting for the differences between them so you can compare them on a like-for-like basis.

How much interest / profit will I actually get?

• This will depend on a few things:

• How much you deposit

• How long you leave it in savings

• The rate (and any changes in the rate if it’s variable)

•  How often the interest / profit is compounded (the more frequently, the more you’ll get)

What is compound interest / profit?

• Compound interest / profit is when you earn money on your savings – then go on to earn more on that total.

• So, over time, you are earning interest / profit on your original savings but also on the interest / profit itself.

• This keeps happening, meaning the amount you’ve saved gets bigger and bigger.

• For example:

    - You start out with £1,000 in your savings and a rate of 5%, which is compounded annually

    - In the first year, you’ll earn £50, bringing your total to £1,050

    - In the second year, you’ll earn interest / profit on £1,050 which is £52.50, bringing your total to £1,102.50

    - With each year that passes, your interest / profit gets bigger and bigger, even if the rate stays the same.

Rates offered can change. We refresh the rates shown every hour.

You can find detailed information on all our partner banks and their FSCS cover here.

** When we show the interest rate as an AER, it stands for Annual Equivalent Rate. This is what the interest rate would be if it was paid once a year. It helps you compare different accounts and see how much you can earn on your savings.

Why choose Aviva Save?

  • As a savings marketplace we find great rates, so you don't have to.
  • Access to multiple banks and building societies, through a name you know.
  • One password, one place. Compare, manage and switch multiple savings accounts in the same spot.
  • Each bank we partner with is covered by the FSCS up to £120,000.
Your money is protected icon

The Financial Services Compensation Scheme (FSCS)

Your money is protected

The FSCS protects UK customers of financial services. If a bank fails, you're automatically covered up to £120,000 per person per banking group. Money beyond this limit isn't covered.

Our savings account types

Find an account that suits you from our trusted partners. View them below to find out more and apply.

Fixed rate savings

For if you’re happy to tuck your money away for a set period for potentially higher returns.

Explore fixed rate savings ""

Easy access savings

For if you want to be able to take your money out at any time within 2 working days.

Explore easy access savings ""

Notice savings

For if you might need access to your savings, but not urgently.

Explore notice savings ""

How does Aviva Save work?

Find an account Step 1 of 3

Just choose a savings account that suits you from our savings marketplace and apply.

Get set up Step 2 of 3

You'll get an Aviva Save transaction account where you can deposit money, making it easy to open new savings accounts or switch to different ones.

Do it all online Step 3 of 3

You can check and manage your savings easily and securely alongside any other Aviva products with MyAviva.

Open a fixed rate save account and get £20-£150 cashback

Up to £150 Cashback T&Cs apply

Cashback offer

An offer to receive up to £150 cashback. To get yours simply:

  • Join Aviva Save as a new customer
  • Open one or more new fixed rate savings account with a minimum term of nine months
  • Make a deposit of £10,000 or more in one or more transactions into your new fixed rate savings accounts, between 12:00pm on Monday 18 May 2026 and 12:00pm on Friday 7 August 2026.

Cashback will be paid into your transaction account within 28 days of incentive ending. 

The more you transfer, the bigger your cashback:

  • £20 cashback - deposit amount £10,000-£19,999
  • £30 cashback - deposit amount £20,000-£29,999
  • £40 cashback - deposit amount £30,000-£39,999
  • £50 cashback - deposit amount £40,000-£59,999
  • £75 cashback - deposit amount £60,000-£79,999
  • £100 cashback - deposit amount £80,000-£129,999
  • £150 cashback - deposit amount £130,000+

OUR PARTNER BANKS AND BUILDING SOCIETIES

Just Launched, Perenna, LHV, Shawbrook, Santander International, HTB, Vida Savings, Investec, Paragon, Aldermore, Melton Building Society, GB Bank, OakNorth, Furness Building Society, Brown Shipley (our banking partner company logos)

Frequently asked questions

What is a savings marketplace?

A savings marketplace is one-stop shop for competitive savings accounts we've found in the market. All you need to do is sign up to gain access to a variety of savings account options.

Who can open an account with Aviva Save?

You can open an account if:

  • You're aged 18 or over
  • You're a resident in the UK, or you or your spouse or civil partner are a Crown servant
  • You don't have citizenship rights or pay taxes in the US.

We've teamed up with Raisin UK to offer you Aviva Save. You're unable to open an Aviva Save account if you already hold savings account with Raisin UK or one of their partners (Smart Savings from Willis Owen or AJ Bell's Cash savings hub).

How long does it take to open a savings account?

There are a few easy steps to opening a savings account with Aviva Save.
Firstly, you'll need to pick a savings account. From there, register for a MyAviva account if you don't already have one. It's the way you'll access your savings securely. To do this you have to be over 18 and a UK resident.

We'll also need a few details like your bank account and National Insurance number. Keep an eye on your email in case we need more information, and for confirmation that your registration is complete. You'll then be able to open any savings accounts you want with Aviva Save.


We'll give you details of the transaction account that you'll use to fund savings accounts you open with Aviva Save. You'll move money from your bank to your transaction account, then it will be added to any Aviva Save accounts automatically - this takes around 2 business days.

We'll send a security code by text or email to complete any transfers.

How are my savings protected?

All Aviva Save accounts are protected by the FSCS, meaning you get automatic protection of up to £120,000 per person per banking group. Any money you have in a bank that goes beyond the protected £120,000 limit won't be covered by the scheme.

When will I receive any interest?

It depends on the type of account you have. Some accounts pay out interest monthly and others pay out yearly. You can find when interest is paid by going to your account details through the marketplace.

Not sure which savings accounts are right for you? Learn more about the different types of savings accounts available on our Aviva Save marketplace.

How is my interest taxed?

If you're a UK basic rate taxpayer, you can usually earn up to £1,000 a year tax-free on your savings, known as a Personal Savings Allowance. If you're a higher rate taxpayer, the tax-free amount is up to £500. If you are an additional rate taxpayer, you don’t get a Personal Savings Allowance. If your interest goes above your Personal Savings Allowance, it will be added to your income and taxed at the rate that applies to you. Taxation depends on your personal circumstances and rules may change in the future. To get the latest information on tax on savings interest, you can visit HMRC.

What are the savings account charges?

We won’t charge you for using the marketplace. Instead, we receive payments from the partner banks based on the amount of money deposited through Aviva Save. The savings accounts and interest rates offered directly by our partner banks may be different from the ones you see on Aviva Save.

Do I need financial advice for Aviva Save?

You do not need financial advice for Aviva Save. You can simply apply for Aviva Save online, but if you'd prefer some advice based on your personal circumstances, speak to your financial adviser. You can also visit MoneyHelper.

Learn about saving

We have a range of simple guides and calculators that can help you make the most of your savings.

Comparisons

How many savings accounts can I have?

With loads of savings accounts out there, you might be thinking about whether there is a limit to how many you can open.

Compound interest calculator

See how it could swell your savings over time.

Personal Savings Allowance calculator

Know whether you'll have tax to pay on your interest.

Inflation calculator

Learn how inflation could impact your investments.

Learn about saving

Download MyAviva

To use MyAviva, you’ll have to sign up. You can do this online or within the app once you’ve downloaded it, then you’ll have access to all MyAviva’s features.

Visit the iTunes App Store or Google Play Store to get started.