UK Savings Rate Tracker
How are UK savings rates changing? This tracker pulls official monthly data from the Bank of England to show average advertised rates across easy access accounts and Cash ISAs — compared against the Bank Rate and inflation. Updated automatically each month.
Written by
Jonny Pease
Reviewed by
Jan Watermann
Updated · Data from Bank of England
How UK Savings Rates Have Changed Over Time
Rates shown are monthly averages of advertised headline rates. They represent market averages, not the best available rate. Source: Bank of England Quoted Rates (Table G1.3) and ONS.
What Do These Rates Tell You?
Average vs Best Available
The rates shown here are market averages — weighted across all banks and building societies. The best easy access accounts currently available often pay significantly more than the average. If your account is paying at or below the average shown above, it's worth comparing what else is available.
Bank Rate and Your Savings
The Bank Rate set by the Bank of England influences what banks pay on savings, but there is usually a lag — and many providers don't pass on increases in full. This chart shows how closely average savings rates have followed Bank Rate over time.
Beating Inflation
To grow your money in real terms, your savings rate needs to exceed CPI inflation. The chart above shows when UK savers have and haven't been able to achieve this with average market rates — and how significant the gap has been during high-inflation periods. See how beating inflation works.
See today's best savings rates
The average market rate is one thing. The best available rate is another. Compare top-rated easy access accounts, Cash ISAs — updated regularly.
Frequently Asked Questions
Official Data Sources
Last updated: — • Last checked: 5 June 2026
Rates shown are Bank of England monthly quoted rate averages. They do not represent the best available rates. DepositScout does not control or endorse external sites.