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

By Rupert Jones

<p>Competition is hotting up, with National Savings &amp; Investments lifting rates to the highest in years</p><p>National Savings and Investments (NS&amp;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.</p><p>Competition in the savings market has been growing, <a href="https://www.theguardian.com/money/2026/sep/28/fixed-rate-savings-accounts-interest-highest-in-years">leading to some of the highest interest rates for years</a>.</p> <a href="https://www.theguardian.com/money/2026/oct/10/uk-savings-interest-rate-deals-nsi-bonds">Continue reading...</a>

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