Shawbrook ups rate again on easy access saver products – how does it compare?

Shawbrook bank has hiked the rates on its easy access saver and ISA again – but does it compete with other rates on the market?

Hand using a watering can to water a sapling that is growing for a trail of coins that leads off into the distance, on a white background
(Image credit: Getty images)

Shawbrook joins Santander, Starling Bank, Nationwide, Paragon and other savings providers in increasing rates on its easy access saver products after the Bank of England (BoE) upped the base rate to 5.25% in August

Shawbrook has hiked the rate on its easy-access savings account for the third time this August  - jumping now from 4.83% to 4.93% AER. Its easy access ISA has risen for the second time in the space of two months to 4.58% - up from 4.43%. 

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ProductNew rate AERMin BalanceMax Balance
Easy Access (Issue 36)4.93% £1,000£85,000
Easy Access ISA (Issue 25)4.58%£1,000£250,000
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Vaishali has a background in personal finance and a passion for helping people manage their finances. As a former staff writer for MoneyWeek, Vaishali covered the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.