Savings accounts

Get up to 4.35% AER** on your savings. Plus up to £100 gift card as a welcome.

Join Aviva Save as a new customer and open a savings account by 15 September 2025 with £1,000-£80,000 plus and get a gift card worth £10-£100. One card per customer, minimum deposit length and T&Cs apply.

days until offer ends

Check rates and apply

Current highest savings rates

Fixed Term More information

4.26% AER

Notice Account More information

4.35% AER variable

Easy Access Account More information

4.26% AER variable

Understanding AER and interest / profit

Please note, for Shariah-friendly accounts interest is replaced by 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 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 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.

Why choose Aviva Save?

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 £85,000.

Your money is protected

The Financial Services Compensation Scheme (FSCS)

The Financial Services Compensation Scheme (FSCS) is the UK's statutory fund of last resort for customers of financial services. If any of the banks we work with were to go out of business, you get automatic protection of up to £85,000 per person per banking group. Any money you have in a bank that goes beyond the limit won't be covered by the scheme.

Find out more about the FSCS

Treat yourself with a gift card

3 images of gift cards for Sainsbury's, amazon and B&Q

Gift card offer

An offer to receive up to £100 Sainsbury's, B&Q or Amazon.co.uk Gift Card*. To get yours simply

Join Aviva Save
Open a new easy access, fixed rate, or notice savings account
Make a single deposit of £1,000 or more, between 12:00am on Tuesday 15th July 2025 and 23:59 on Monday 15th September 2025

Deposits must stay in your account for at least six weeks, then you'll receive an email with details of how to claim your gift card. This offer is limited to one gift card per customer.

Bigger deposits mean bigger gifts

£10 gift card – deposit amount £1,000-£9,999
£20 gift card – deposit amount £10,000-£19,999
£30 gift card – deposit amount £20,000-£29,999
£40 gift card – deposit amount £30,000-£49,999
£50 gift card – deposit amount £50,000-£79,999
£100 gift card – deposit amount £80,000 or more

*Restrictions apply, see amazon.co.uk/gc-legal

Explore the different types of savings accounts

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

Fixed rate

Fixed rate accounts are a good option if you’re happy to tuck your money away for a while, in exchange for potentially higher returns.

As they offer a fixed rate of interest, you can be sure how much you'll earn
You need to leave your money in for a set period of time (the term)
The interest will be added to your account at the end of the term

Accounts available

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.

What are Shariah-friendly accounts?

Interest rate (AER)

4.26 %

Account type

9 month Fixed Rate

Minimum deposit

£1,000

View and apply

Interest rate (AER)

4.26 %

Account type

12 month Fixed Rate

Minimum deposit

£1,000

£5,000

£1,000

£5,000

£1,000

£5,000

£1,000

View and apply

Easy access accounts

If you want to be able to take your money out at any time without penalties, an easy access account is a good option.

You can take money out without giving notice, but it will take two working days to reach your account
The interest rates are variable and usually lower than those for fixed rate or notice accounts
Interest is added monthly or annually depending on the account

Accounts available

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.

What are Shariah-friendly accounts?

Interest rate (AER)

4.26 %

Account type

Easy Access

Minimum deposit

£1,000

£20,000

View and apply

Notice accounts

If you might need access to your savings, but not urgently, then you could consider a notice account.

They have variable interest rates
You need to give notice before you take your money out
Interest is added monthly or annually depending on the account

Accounts available

Minimum deposit

£1,000

View and apply

Our partner banks

These are the banks and building societies that provide the savings accounts within Aviva Save:

Just Launched, LHV, Vida Savings, Melton Building Society, HTB, Santander International, Paragon, Investec, Aldermore, GBBANK, Brown Shipley, Oak North Bank, Furness Building Society (our banking partner company logos)

How does it work?

Explore the savings accounts available.
Apply for any accounts you want and then deposit money from your bank.
Manage all your savings effortlessly from your Aviva Save account.

Check rates and apply

Aviva Save FAQs

What is a savings marketplace?

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).

What do I need to open a savings account?

How are my savings protected?

When will I receive any interest?

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?

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.

Do I need financial advice for Aviva Save?

Compound interest calculator

Crunch the numbers and see how compound interest can grow your savings.

Try our calculator "Try our calculator"

Personal Savings Allowance calculator

Check if you'll have tax to pay on money you've saved.

Try our calculator "Try our calculator"

Grow your savings

Keen to start saving? Our educational articles will help you learn more.

How do I set up a future for my grandkids?

Leaving your grandkids something could give you the satisfaction of knowing you’ve given them – and your children – a helping hand.

What is compound interest?

Wouldn’t it be great if you could save more and more money every month, without doing anything extra?

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.

Emergency funds and savings

Many of us don't have enough in our savings. Here's why you should aim to build an emergency fund.

Savings accounts versus current accounts

Learn the key differences between savings accounts and current accounts and the benefits of each.

Fixed or variable rate savings accounts – what’s right for me?

Learn more about the key differences between fixed rate and variable rate savings accounts.

Saving for your children as a single parent

Learn more about effective saving strategies for single parents and secure your child's future.

Why savings interest rates change

Explore how and why savings interest rates fluctuate and their impact.

Should I save, or pay off debt?

Saving money may seem like the sensible thing to do – but if you have debt, it may not be your best option.

How to achieve your savings goals

We can make saving for everything from a laptop to your pension a lot easier with some useful tips.

What’s my Personal Savings Allowance?

For most of us, regular savings accounts aren’t tax-free. We’ll help you work out what you could be paying.

Which savings account is right for me?

Easy access? Fixed term? We break down why you should use a savings account and help you work out which one is right for you.

How to save money

We’ve got some great tips to help you tuck away a little more money every month.

See all savings guides

Contact us

Still need some help? Give us a call

0345 301 2029

Monday to Friday: 9:00am – 5:00pm

Weekends and bank holidays: Closed

Email us: avivasave@aviva.com

For our joint protection, telephone calls may be recorded and/or monitored and will be saved for a minimum of 5 years. The cost of calls to 03 prefixed numbers are charged at national call rates (charges may vary dependent on your network provider) and are usually included in inclusive minute plans from landlines and mobiles. Our opening hours may be different depending on which team you need to speak to.