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Instant Access Savings Account

Powered by ClearBank

Thanks to a variable interest rate, our Instant Access Savings Account gives you the flexibility to save on your terms.

  • Earn 4.91% AER / 4.80% gross p.a. (variable) paid monthly.
  • Deposit as much as you like from £1, with no upper limit.
  • Access your money instantly, whenever you want.

The tax treatment of your savings will depend on your individual circumstances and may change in the future.

How much would you like to save?

Use our sliders to see how much your savings could be worth.

Value After 12 months

with an interest rate of 4.91% AER / 4.80% gross p.a. (variable)

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Enter an amount in the slider to see how much your money could grow.

Please note that the calculation is for illustration purposes only. The interest rate on a Instant Access Savings Account is variable and therefore the total could be more or less than shown here depending on whether rates rise or fall. This calculator assumes the interest rate does not change during the period of time selected and that no withdrawals are made. The calculations shown include the total amount of interest earned as part of your total savings and include compound interest. The tax treatment of your savings will depend on your individual circumstances and may change in the future.

How do I open a savings account?

Set up your account

Using our website or app, simply tell us a few basic details about yourself, before deciding how much you want to save.

Manage your savings

Use our dashboard to keep an eye on your savings, including any updates on interest rates.

Withdraw at any time

Watch your savings grow, knowing you can access your money at any time — without having to pay any fees.

Who is the wealthify instant access savings account for?

To be eligible for this Savings Account, you'll need to be a UK resident (excluding the Channel Islands), UK taxpayer, and aged 18 or over. You'll also need to use the information below to consider whether it's right for your saving needs.

Suitable for savers who want

  • A variable interest rate.
  • Instant access to their savings, without any withdrawal fees.
  • Peace of mind, thanks to Wealthify being backed by Aviva.

Not suitable for savers who want

  • Their money locked away for a fixed term.
  • A fixed interest rate that never changes.
  • Physical branches they can visit and the ability to withdraw money from an ATM.


Your login details will always be kept secure — but never shared with anyone else.


Our friendly Customer Care Team are always happy to help via email, Live Chat, or on 0800 802 1800.


Wealthify is owned and backed by Aviva: one of the UK's largest financial institutions.

Why choose wealthify for your savings?

From rainy days to special days, unexpected bills to poolside chills; saving with Wealthify is about so much more than just 'putting money away'.

It's about the satisfaction of knowing you're on top of your savings - and peace of mind that comes with being financially prepared.

  • Type of savings account: instant access means there are no notice periods, long waits, or penalties for withdrawing early.
  • Interest rate: our variable interest rate automatically tracks the Bank of England base rate, minus a margin (currently 0.45%), meaning the rate can go up and down.
  • Withdrawals: you can access your funds at any time via the app or website, without any fees or restrictions. Withdrawals won't affect your account's interest rate.

Powered by ClearBank

Wealthify, in collaboration with ClearBank, are providing you with an Instant Access Savings Account. Wealthify will provide the day-to-day servicing of the account (including being the point of contact for any questions you may have), with ClearBank providing the account itself.

All your eligible deposits in accounts powered by ClearBank are added together when determining your level of Financial Services Compensation Scheme (FSCS) protection. Compensation is limited to a maximum of £85,000 per person per banking licence. See which other deposit providers have accounts powered by ClearBank using ClearBank's banking licence here: FSCS Protection.

Savings Account Tips and Insights

What is the base rate, and what does it mean for you?

"Picture your savings as your financial safety net: your go-to for short-term emergencies and immediate peace of mind.

"In the meantime, the Bank of England's base rate (the interest rate it sets out for banks and financial institutions to control inflation) remains high. Typically, a high interest rate is bad for borrowing but great for savers — although many high street banks have failed to pass much of these higher rates to consumers.

"The Wealthify Instant Access Savings Account gives you the comfort of knowing your savings are working hard for you. Combining a variable interest rate, the flexibility to save at a level that suits you, and freedom to withdraw funds whenever you need them; Wealthify is now a great place to manage both your cash savings and investments."

Colleen McHugh, Chief Investment Officer @ Wealthify

Blog Articles

The Wealthify guide to saving a lump sum

Our handy guide to help you make the most of a lump sum.

Income tax brackets and allowance

What are they — and how do they affect your Personal Tax Allowance?

Do I have to pay tax on my savings account?

Find out more about the potential tax implications of saving money.

Why do interest rates go up and down?

We all know it happens, but have you ever actually asked yourself why?

Savings Account FAQs

ClearBank Limited power our Instant Access Savings Account. All money held within our Instant Access Savings Accounts is sent directly to ClearBank, and is never held by Wealthify.

ClearBank are authorised by the Prudential Regulation Authority. They are regulated by both the Financial Conduct Authority and the Prudential Regulation Authority.

Financial Services Register number: 754568

Registered address: ClearBank, Borough Yards, 13 Dirty Lane, London, SE1 9PA.

For more information, click this link.

Please note: correspondence regarding your Savings Account should be sent directly to Wealthify via our Live Chat service, email, or by calling us at 0800 802 1800.

Customers can save as much or as little as they want, with a minimum deposit of £1, and unlimited withdrawals and deposits. The account offers a variable but competitive interest rate paid monthly, which is currently 4.91% AER / 4.80% gross p.a. (variable).

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

No fee will be charged for the management of your Savings Account at Wealthify.

The current minimum deposit for the Wealthify Instant Access Savings Account is just £1.

The current maximum is unlimited.

Customers can only pay in and out of their savings account from their nominated bank account.

This includes manual bank transfers or one-off payments. You're also able to set up standing orders from your nominated bank account to make regular payments into your Wealthify Instant Access Savings Account.