BEST Savings Account UK 2023 (February Update)

The BEST UK savings accounts currently on the market as of February 2023. This month's video features market-leading ISAs, fixed savings accounts, regular savings accounts, limited withdrawal accounts, notice saving accounts, and instant / easy access savings accounts.

In February the Bank of England increased interest rates to 4%, which alongside evolving market expectations has had a strange impact on top savings accounts.

We have seen a flattening of savings interest rates as fixed savings fell slightly while easy access, notice, and ISAs have all seen savings rates improve.

When trying to decide what is the best UK savings account to open in 2023, you need to consider how long you would be willing to lock up that money.

These are currently the best online savings account in 2023 and all of them can be opened without going into a branch:

CHIP INSTANT ACCESS savings account (3.05%)
https://getchip.uk/instant-access-acc...

Best LIMITED ACCESS savings account (3.35%)
https://www.ybs.co.uk/savings/easy-ac...

Best 120 Days NOTICE savings account (3.5%)
https://www.furnessbs.co.uk/savings/p...

Best 95 Days NOTICE savings account (3.4%)
https://www.allica.bank/personal-savings

Best 1 Year FIXED rate savings account (4.17%)
https://smartsavebank.co.uk/1-year-fi...

Best 2 Year FIXED rate savings account (4.3%)
https://gatehousebank.com/personal/sa...

Best 5 Year FIXED rate savings account (4.40%)
https://www.fordmoney.co.uk/savings-p...

Best ISA (4.25%)
https://uk.virginmoney.com/savings/pr...

Best REGULAR saver account (7%)
https://www.firstdirect.com/savings-a...

FSCS protection should be available on all of the high interest savings account savings accounts covered in this video, however, please always check this yourself before opening

Please make sure you are subscribed to the channel with notifications turned on as top savings accounts often get snapped up within days of these videos being released each month.

What is the best savings account to open in 2023? Let us what you think in the comments know below!