Banks and building societiesBondsBusinessInvestmentsMoneySavingsSavings ratesUK news

UK savings: 5% interest rate deals may not last, say experts

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This story was selected and curated by our editorial team in the Banks and building societies category. Published on October 10, 2026 • Originally reported by Rupert Jones. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Competition is hotting up, with National Savings & Investments lifting rates to the highest in years

National Savings and Investments (NS&I) has increased the returns on some of its accounts, with many now paying more than 5% for the first time in nearly three years.

Competition in the savings market has been growing, leading to some of the highest interest rates for years.

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