Whether you're saving for something big, or just putting a few pennies away each month, we've got it covered. We offer fixed term, ISAs, limited and instant access accounts.

Find a savings account that's right for you

No-notice Savings

Save what you like, when you like, with unlimited access to your money.


Earn tax-free interest on your savings. Save up to £20,000 each tax year.

Limited Access

For people who want a higher interest rate if they don’t withdraw, and have easy access to their money when they need it.

The Co-operative Bank Fixed Term Deposits

Lock away a lump sum knowing how much you'll earn with a fixed interest rate.

Help with your savings account

Answers to our most frequently asked questions about savings accounts.

How you could save with us

We know picking the right account can get really confusing, especially if you're being bombarded with information.

So that's why we're keeping things simple. If you're deciding whether to save on a regular basis, or deposit a lump sum all in one go, then you've come to the right place.

If you're looking to:

Save a few pounds each month - our instant access smile Cash ISA and No-notice Savings accounts could be right up your street. Open one of these accounts with as little as £1 and add to your account as often (or as little) as you like. What's more, you get a higher rate of interest if you have a smile current account.

Deposit a larger lump sum for a set time - a Fixed Term Deposit or a Fixed Rate Cash ISA both offer different terms to put your money away. Access to your funds during its term will either be subject to a penalty or not permitted, depending on the type of account you choose. With our Fixed Term Deposits you can choose to receive interest on your savings either monthly or annually. It's up to you.

Savings terms explained

AER stands for Annual Equivalent Rate and shows what the interest rate would be if it were paid and added to your account each year.

Fixed interest means the rate stays the same until the account matures.

Gross is the rate of interest payable before any tax is taken off.

Tax-free means you will not pay any tax on your interest.

Tax year runs from 6 April to 5 April.

Variable interest means that it could go up or down.

Business day is usually Monday to Friday excluding bank holidays.

Any reference to tax is based on our understanding of current tax regulations which may change in the future and depend on the customer's individual financial circumstances.

The Co-operative Bank reserves the right to decline to accept any application and/or deposit.

Find out more about Financial Services Compensation Scheme | This will open in a new tab

Protecting your money

Your eligible deposits with The Co-operative Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with The Co-operative Bank and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please read further information on the FSCS scheme here or visit their website