An easy access savings account lets you stash your money while keeping it within reach. Unlike fixed-term accounts, you’re often (but not always) ree to withdraw cash whenever you need it – no penalties, no waiting periods. It can be perfect for emergency funds or savings you might dip into now and then.

These accounts usually come with variable interest rates, meaning your returns can go up or down depending on market conditions. Some banks sweeten the deal with bonus rates for a set period, so it’s worth checking how long the best rate lasts before signing up.

If flexibility is your priority, easy access accounts are a solid choice. Just keep an eye on any withdrawal limits – providers tend to allow unlimited access, but some might have a limit, for example reducing your interest rate if you take money out too often. A little research ensures you get the best balance of accessibility and earnings.

Yes, you can have several savings accounts, and it can be a great way to stay organised. Whether you're saving for a holiday, a house deposit, or just a rainy day, splitting your money across different accounts can help you make the most of higher interest rates and perks.

For example, once you have built up some money in your easy-access savings account, you could maximise your returns by moving the maximum allowed into a regular saver every month. Then you’re earning interest on the full amount while benefiting from a boosted rate on those monthly deposits. Some regular saver accounts even grant you unlimited access to your funds.

Alternatively, if you have a chunk of money saved and don’t need access to it for a while, you could move it into a fixed rate savings account. This could potentially secure you an even higher interest rate or a longer guaranteed return on your money. A little planning can go a long way!