Breaking News
LHV Bank Launches Easy Access Savings Account Paying 4.25% AER
LHV Bank has today launched its new Easy Access savings account paying a highly competitive 4.17% Gross/4.25% AER on balances up to £100,000.
This straightforward, no-gimmicks savings product gives savers the freedom to access their money whenever they need it with no withdrawal limits and no bonus rates or penalties.
The new Easy Access account complements LHV Bank’s interest-paying Current Account, which tracks the Bank of England base rate and currently pays 4.00% AER on balances up to £1 million, as well as its range of Fixed Rate Bonds. Together, they offer savers a choice of flexible and fixed-term options designed around simplicity and fair value.
Kris Brewster, Director of Retail Banking at LHV Bank, said:
“This is the savings account we believe the UK market has been waiting for. It’s transparent, flexible, and genuinely rewarding.
“We’re cutting through the noise of bonus rates and hidden conditions to offer a clear proposition for savers who value simplicity and strong returns.”
This product offers more choice to non-ISA savers, particularly those aged under 65 who in the longer term are now facing a reduced cash ISA limit of £12,000 per year from April 2027 as announced in yesterday’s budget.
Customers can open and manage their accounts easily via the LHV Bank App. All deposits are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, increasing to £120,000 from 1 December 2025.
To open an Easy Access savings account, customers must hold an LHV Current Account. This account is used to fund LHV savings accounts and there’s no requirement to use it for everyday banking.
People In This Post
Companies In This Post
- Tucson Federal Credit Union Partners with InvestiFi to Embed Digital Investing Solutions Read more
- Mastercard Has Collaborated with Commercial International Bank (CIB) to Support Digital Payments Innovation Read more
- Abhi Collaborates with Alruqee Group to Offer Instant Salary Access Read more
- Driftwood Hospitality Management Expands with Flywire to Streamline Guest Payments Throughout 90 U.S. Locations Read more
- IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset Managers Read more
Mercury Raises $200 Million Series D at $5.2B Valuation
Mercury announced a $200 million Series D at a $5.2B valuation, led by TCV, bringing total primary and secondary funding to approximately $700 million.
Checker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for Institutions
Checker, a global network that enables financial institutions to plug into stablecoins and digital asset liquidity, cross-border payments, treasury, and credit via a single API, announced today that it has raised $8M in funding from Galaxy Ventures, Al Mada Ventures, and Framework Ventures. Additional participants include strategic financial institutions, such as Bitso and Airtm in Latin America, DFS Lab in Africa, and Onigiri Capital, SNZ Capital and Velocity in Asia. Additional investors include fintech operators from Stripe, Tala, Flutterwave, Mesh, ComplyAdvantage, Superstate, and more.
NatWest Group Commits £20 Billion to Drive Growth Across the North of England Over Next Decade
NatWest Group has today announced a £20 billion funding commitment over the next ten years to drive economic growth across the North of England, supporting the UK’s ambitions to build stronger, more productive regional economies.
Stitch Raises $25M Series A Led by Andreessen Horowitz
Stitch announced it has raised $25 million in Series A funding led by Andreessen Horowitz (a16z)
Pembroke Leads Funding Round Into Kaizan of up to £2.5m to Help Services Firms Grow Every Client with AI
Pembroke VCT has led a funding round of up to £2.5 million in Kaizan, investing £1.5 million alongside Velocity Capital and leading industry angels.
Elliptic Secures $120 Million Investment From Nasdaq Ventures, Deutsche Bank, One Peak and the British Business Bank
Elliptic announced the closing of a $120 million Series D fundraise led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank and the British Business Bank
Adfin Raises $18M Series A from Index Ventures for Automated Business Finance
Adfin, the London-based fintech, has raised $18 million in Series A funding to build the agentic money movement platform: starting by helping businesses getting paid on time, and ending with money that moves itself.
Tucson Federal Credit Union Partners with InvestiFi to Embed Digital Investing Solutions
InvestiFi, the award-winning digital investing solutions provider for financial institutions, has announced its partnership with Tucson Federal Credit Union (TFCU), embedding its InvestTech solutions into their existing online banking platform. With the new partnership, the credit union's members will have the ability to invest digitally in stocks and cryptocurrency directly from their checking accounts.
Mastercard Has Collaborated with Commercial International Bank (CIB) to Support Digital Payments Innovation
Mastercard and CIB, Egypt’s leading and largest private-sector bank, have renewed their partnership to support digital payments innovation and expand access to financial solutions in Egypt.
Abhi Collaborates with Alruqee Group to Offer Instant Salary Access
Abhi Saudi, powered by Alraedah Digital Solutions, has partnered with Alruqee Group, a diversified business group in Saudi Arabia, to introduce Earned Wage Access (EWA) for its employees.
Driftwood Hospitality Management Expands with Flywire to Streamline Guest Payments Throughout 90 U.S. Locations
Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, today announced the expansion of its partnership with Driftwood Hospitality Management (“Driftwood”), a leading hotel management company, to deploy Flywire's hospitality solutions across nearly 90 U.S. hotel locations. Driftwood, an existing customer of Flywire’s solutions for payments, signatures and authorizations, is rolling out enhanced payments capabilities to further streamline guest transactions and back-office operations.
IVP Partners with Sigma to Deliver Real-Time Analytics for Alternative Asset Managers
Indus Valley Partners (“IVP”), a premier global provider of software and technology solutions to the world’s most sophisticated investment managers, today announced a strategic analytics partnership with Sigma, a leader in AI applications and agentic analytics for business.
Deel Launches Stablecoin Salary Payouts and Appoints Head of Crypto to Lead New Dedicated Department
Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel.
Octane Closes $350 Million Forward-Flow Agreement with Nuveen
Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has executed a $350 million forward-flow agreement with Nuveen, the global investment leader managing $1.4 trillion in public and private assets for clients including TIAA, its parent company, and one of the world’s largest institutional investors. Guggenheim Securities, LLC acted as sole structuring advisor and arranger on the transaction.