Earn 4.48% interest on your savings

Plan for the future with confidence. Set money aside for a year in just a few taps, and earn 4.48% AER/gross interest in a Fixed Saver.

Happy lady in a striped shirt holding mobile

Future plans, future-proofed.

Saving for a big future purchase? Or have spare cash you won’t need to dip into for a while?

Lock any amount from £2,000 up to £1,000,000 into a 1-Year Fixed Saver, and we’ll reward you with a return of 4.48%. A Fixed Saver is managed from the Spaces section of the app, but remember: you won’t be able to access your money for one year.

Covered by the Financial Services Compensation Scheme, up to £85,000 across all your Starling accounts.

Grow your savings hassle-free

  • Secure. Fix a rate of 4.48% interest, and know exactly how much you’ll save by this time next year. With Starling, your money is covered to £85,000 by the FSCS across all accounts.

  • Easy. Already a Starling customer? Apply for a Fixed Saver in a few steps, from the Spaces tab of the app. Not a customer yet?

  • Tidy. No more juggling multiple bank accounts. Fixed Savers, Saving Spaces, your day-to-day spending and more: it’s all managed from one seamless app.

Fixed Savers are not available to all customers. If they're available to you, then you can apply for one in the Spaces section of the app or through Online Bank.

You can’t top a Fixed Saver up once it’s been opened, but you can have multiple Fixed Savers at once. There’s a minimum deposit of £2,000 for each.

But just to be clear: your funds will be locked away for a year; you won’t be able to access this money. Make sure you’re covered for unexpected circumstances by keeping some money aside with easy access in regular Saving Spaces.

Looking for a current account with an interest rate? With our personal and joint bank accounts, you’ll earn 3.25% AER / 3.19% Gross (variable) interest on balances up to £5,000.

Get saving in just a few taps

Starling customer already? Apply for a Fixed Saver directly in the app:

Fixed Savers are not available to all customers. If they’re available to you, then you can apply for one in the Spaces section of the app or through Online Bank.

Read terms and conditions.
Read key information in our summary box.

Step 1

Head to Spaces, then choose Fixed Saver from the list of Space types. You may need to tap Show Options at the top to see them.

Step 2

Fill in a short application and tell us how much to put aside. The minimum deposit per Fixed Saver is £2,000, and the maximum is £1,000,000. Bear in mind you can’t change this amount or add to it once your Fixed Saver is open.

Step 3

If approved, we’ll transfer the money from your main balance to your Fixed Saver. Remember, your money is locked away for a year, and you won’t be able to access it.

Go to Spaces

New to Starling? You’ll need our award-winning current account before you can apply for a Fixed Saver. It only takes a few minutes to apply, and it’s done entirely from your phone. Then, just follow the steps above to get a Fixed Saver.

Apply for a current account

How much will I earn with a Fixed Saver?

Value after one yearInterest earnedInterest rate (AER)
£2,089.60 £89.60 4.48%

Fixed Gross/Annual Equivalent Rate (AER): 4.48%
These calculations are for illustrative purposes only. Terms and conditions apply.

Summary box

Applicable to Fixed Savers entered into from 10:00 on 12 January 2024

  • Account name

    1-Year Fixed Saver

  • What is the interest rate?

    Gross/Annual Equivalent Rate (AER): 4.48%

    Interest is calculated every day, and paid at the end of the term.

  • Can Starling change the interest rate?

    No, the interest rate will stay the same for the full one year term.

  • What would the estimated balance be after 1 year based on a £2,000 deposit?

    Interest rate (AER): 4.48%

    Balance after one year: £2,089.60

    The estimated balance is based on £2,000 deposited into your account on the first day of your account opening. The estimated balance assumes interest will be added to the account balance at the end of the term.

    This estimation is provided for illustrative purposes only.

  • How do I open and manage my Fixed Saver?

    To open a 1-Year Fixed Saver:

    • You’ll need to have a Starling personal current account.
    • You must be aged 18 and over.
    • You must be a UK resident.

    You will also need to pay in a minimum deposit of at least £2,000.

    You can hold up to a maximum deposit of £1,000,000 across all the Fixed Savers you may have.

    You can apply for and manage your Fixed Saver in Online Banking or the Starling app.

  • Can I withdraw money?

    No, you can’t move your money until the end of the one year term.

    We’ll contact you before your fixed term ends to explain what happens at the end of the term.

  • Additional information

    You can cancel your Fixed Saver within the first 14 days of opening it and we’ll return your money without interest.

    The Annual Equivalent Rate (AER) shows how much interest you’ll earn after a whole year.

    We pay ‘gross’ interest, which means we don’t deduct any tax you might owe. You may benefit from a Personal Savings Allowance that varies depending on your other sources of income. Further information can be found here: https://www.gov.uk/apply-tax-free-interest-on-savings

    You can access a tax certificate statement in the app and may need to declare the interest you earn on this product in your self-assessment tax return.

    The tax treatment is dependent on your individual circumstances and may be subject to change in the future.

Previous rates

Apply for a Starling current account today and then apply for a Fixed Saver in-app.

Start your application