The Money Method · Week 2

Should I switch my savings account?

Drag the slider, answer five quick questions, and see exactly how much interest you're leaving on the table.

Step 1 of 6

How much have you got saved?

Drag to set your savings balance. The numbers update live.

£5,000

YOUR BALANCE

£0£25k£50k£75k£100k

Your interest right now

£0

Your interest at a top UK rate

£238

That's £238 more per year, free

Step 2 of 6

What rate are you earning right now?

Check your banking app for the AER. If you don't know, pick a range.

Step 3 of 6

What's this money for?

Different goals suit different accounts.

Step 4 of 6

When might you need this money?

Longer horizons unlock better rates (fixed bonds, notice accounts).

Step 5 of 6

Is this money already inside an ISA?

If you've already used part of your £20,000 ISA allowance this year, the recommendation changes.

Step 6 of 6

How much can you save each month?

Regular saver accounts often pay 7%+ AER but cap monthly deposits. Knowing your monthly amount unlocks better options.

VERDICT

At a top rate, you'd earn

Extra per year by switching

How we worked it out

Accounts to compare for your situation

Rates verified from each provider's website on 10 June 2026 and change frequently. Educational only, not personal financial advice. Always check the provider's own site before opening an account.