OakNorth Bank Easy Access Tracker
OakNorth Bank
3.55% AER
Deposit £1,000 within 14 days to receive a £30 bonus.
£0
£1,000
Unlimited withdrawals
A key differentiator is the £30 bonus offered for new customers who deposit £1,000, making it an attractive option for those looking to earn extra on their savings. The account's linkage to the Bank of England base rate ensures competitive returns.
Pros:
- Bonus for new deposits
- Linked to Bank of England base rate
Cons:
- Higher minimum deposit
- Variable interest rate
The OakNorth Bank Easy Access Tracker is an excellent choice for savers seeking a competitive interest rate of 3.55% AER without any monthly fees, particularly those who can take advantage of the £30 welcome bonus by depositing £1,000. This account is well-suited for individuals looking for easy access to their savings while benefiting from a strong return tied to the Bank of England base rate.