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Easy Access

2.00%AER* (variable)

Start saving from as little as £1 up to £500,000 with our simple, straightforward Easy Access online savings account. You can make unlimited deposits and withdrawals subject to your minimum and maximum balance.

New customer?

Apply online

Existing customer?

Is this the best savings account for you?

  • Unlimited deposits or withdrawals within your minimum and maximum account balance
  • Manage your account easily online
  • Variable interest rate
  • Choose monthly or annual interest payments
FSCS protected small logo
Your eligible deposits with Paragon Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

Account summary

Ready to apply?

What you will need

  • Your contact details
  • Your email address
  • Details of the UK current account, in your name (either as sole or joint holder) that you would like to set up as your nominated bank account

New customer?

Please read the account summary and terms & conditions before applying.

Existing customer?

If you're already an online Paragon customer, you can simply log in to apply for this account.

Power of attorney

If you are applying for this account as a power of attorney, you will need to call our customer services team on 0800 052 2222 to complete your application.

For further information about power of attorney please visit our frequently asked questions.

About your savings account

Deposits and withdrawals

Make your deposit by electronic bank transfer, cheque or from an existing Paragon account. You can make unlimited deposits or withdrawals, just stay within the minimum and maximum balance of your account.

Nominated bank account

To help keep your savings safe, your Paragon accounts must be linked to a nominated bank account. This account must be a UK current account in your name, and we will only accept money from and send your savings to your nominated bank account.

Closing your account

You can close your account by withdrawing all your savings, or it will be closed if it falls below the minimum required balance.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551