Interactive Investor

Get better rates for your cash.

Our Cash Savings Account helps you find better interest rates, then seamlessly move to another deal at the end of your offer period.

Cash Savings

Hold your cash savings in one place and pick the best deal from over 25 UK banks and building societies. It really is that straightforward.

You can seamlessly transfer between providers through your single account to always ensure you are investing on your terms. Our Cash Savings account offers a wide choice of market-leading interest making your investment goals easier to reach.

The standalone Cash Savings service is provided by Flagstone and is not linked to your ii SIPP, Trading Account or ISA.

See the latest deals (as of 15/07/2024)

DurationRate (Net)MinimumMaximum
3 years4.5%£10,000£250,000
2 years4.75%£10,000£250,000
18 months4.74%£5,000£250,000
12 months5.25%£10,000£250,000
9 months4.12%£1,000£250,000
6 months5.0%£1,000£250,000

All rates are expressly indicative only and may include expected profit rates on Sharia compliant accounts that don't pay interest.

How it works

  • Open an account with a minimum of £10,000, and a maximum of £250,000.
  • Pay money into your Cash Savings account direct from your nominated bank account.
  • Compare interest rates and choose the best ones for you.
  • The rates displayed are what you will get once the term ends, and already reflect Flagstone’s 0.25% management fee.
  • Place your money into your chosen deposit accounts.
  • At the end of the term, your money will be returned to your holding account.

      Who the account is for

      • Ideal for savers who want the peace of mind of a fixed interest rate.
      • To apply you must be 18 or over and a UK resident.
      • Apply for an individual or a joint account.

      The benefits of our cash savings account include:

      More opportunity

      Access exclusive and market-leading interest rates from 25+ banks with one account.

      More control

      Manage your cash savings and see consolidated statements 24/7.

      Less hassle

      No more paperwork - open as many accounts as you need with the click of a button.

      Great rates

      Compare accounts in minutes, with better rates if you lock away for longer.

      Further information

      • The Annual Equivalent Rate (AER) is the rate you would receive if the interest was paid and compounded annually. It is a universal tool that enables you to compare different savings products. The rate is calculated after the annualised Management Fee is deducted.
      • Gross interest is the annual rate of interest to be paid on a deposit account before taxes or other charges are deducted. You are responsible for paying any tax due to HMRC. Your tax liability depends on your personal circumstances and may be subject to change.
      • Deposit accounts available through Cash Savings include accounts operated under Shariah principles. This means that interest cannot be earned, only profit. The profit shared is the expected profit rate at the time the account is opened. Further information can be found on the platform.
      • Under certain circumstances, you may be able to get a better rate for the same product by going directly to the underlying bank.

      Cash Savings is powered by Flagstone

      Interactive investor’s Cash Savings account is powered by Flagstone, a UK registered and Financial Conduct Authority (FCA) regulated financial technology business. Flagstone’s cash deposit platform technology unlocks the UK’s best deposit rates for savers in a single, secure online environment. Please note that Flagstone shares income from the interest on funds deposited through the Flagstone platform with Interactive Investor

      For further information, please see our Frequently Asked Questions.

      Your money is protected

      All banks on our panel are authorised by the Prudential Regulation Authority (PRA) and regulated by the PRA and Financial Conduct Authority (FCA) and pay levies into the Financial Services Compensation Scheme (FSCS). In the unlikely event that anything happens to one of your chosen banks, the FSCS automatically refunds eligible deposits of up to £85,000 per customer per banking institution within seven days. If you hold more than £85,000 with any one banking institution (even if it is spread across several different products / accounts, or even different arms of the same banking institution), you are unlikely to be able to recover the difference.

      For further information, please see our Frequently Asked Questions.

      Get started

      Create a log in to start your application.

      Already created a log in?

      Continue your application or log in to your Cash Savings account.