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Personal savings accounts

Choose the best savings account for you from our range of fixed rate accounts, cash ISAs, notice and easy access accounts.
We’re proud to offer consistently competitive rates, in our range of savings accounts and cash ISAs.

Easy Access Accounts

Easy access

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Learn more about easy access accounts

Why choose an easy access account?

Our easy access accounts are ideal if you want to build your savings up without being locked in to a fixed term. The interest rate on this type of account is variable, so interest can change over time but we will always let you know about any changes we make.

  • Quick and easy to withdraw your money
  • Tax-free within your Personal Savings Allowance or as cash ISA
  • Choose monthly or annual interest

What else should I know?

Making deposits - Once you’ve opened an account, you can make your opening deposit and add to your savings at any time.

Withdrawals - Yes you choose when you want to access your money.

Personal savings allowance - Launched in 2016, the personal savings allowance allows you to earn interest on your savings tax-free. There are limits depending on your tax banding. Currently £1,000 for lower rate tax payers, £500 for higher rate but if you earn more than £150,000 the personal savings allowance doesn’t apply.

Easy access explained

Easy Access Cash ISAs

Easy Access ISA

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Learn more about cash ISAs

Why choose a cash ISA?

An ISA is an ‘Individual Savings Account’ that allows UK taxpayers to benefit from tax-free interest on their savings.

Our Cash ISAs are flexible which means you can withdraw and replace the money in your Paragon ISAs without affecting your ISA allowance. And, our ISA wallet means you can spread your allowance across our ISA range.

Available as easy access, notice and fixed rates. To have a cash ISA with us you must be at least 18 years old and a UK resident.

  • Earn tax-free interest
  • Easily transfer existing ISAs
  • Freedom and flexibility with our flexible ISAs and ISA Wallet
  • You choose monthly or annual interest

What is the ISA allowance?

Each tax year (6th April to 5th April) the government sets a maximum amount you can invest into an ISA. This can be split between a cash and a stocks and shares ISA. You can find details of this year's ISA allowance here

Cash ISAs explained
It’s been easy to open and manage online, the service has been responsive and the support staff open and willing to help

- Jeremy Cottrill

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