We are making cash work harder for advisers
advisers savers businesses advisers savers businesses

Working with a number or partner banks, we offer a top tier rate with less of the hassle

We’re putting the interest back into savings

We are not a bank. Our service helps savers, businesses and financial advisers find some of the best one-year savings rates, year-in, year-out.

I’m a financial adviser

Want to help your clients maximise their savings rate and their FSCS protection, at the same time? Advising on cash has never been easier – or more valuable.

I'm a saver

Want to find a great rate with less of the hassle? Octopus Cash could help.

I’m a business

Want to find a top-tier savings rate for your excess balance sheet capital? Our service could offer you some of the best rates around.

How it works
We are partnered with leading challenger banks

We work with smaller, FSCS-protected banks to help you find a better rate than the high street, without the hassle of frequent switching. Here’s how it works…

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Create an account
We currently offer a one year-fixed term deposit and 35-day notice account.
Choose how much to save
You can save from a minimum of £1,000. There’s no maximum.
We do the hard work
We’ll automatically find you the best rate from our partner banks.
Say goodbye to switching
If you're on a fixed term, you can automatically roll-over on to the best new rate when you reach the end.
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Create an account
We’re currently offering a one-year fixed-term service.
Choose how much to save
You can save from a minimum of £1,000. There’s no maximum.
We do the hard work
We’ll automatically find you the best rate from our partner banks.
Say goodbye to switching
At the end of the one-year term, you can automatically roll-over to the best new rate.
About us
Octopus: part of an experienced group of companies

Octopus Cash is part of Octopus – a group of companies that transforms broken industries with expertise in investments, energy, healthcare and property finance.

About us
Founded in 2000
Manage over £7.2 billion on behalf of more than 150,000 customers
More than 500 employees, including 120 investment professionals

All of our partners banks are protected by the Financial Services Compensation Scheme (FSCS). Only £85,000 is protected at each bank. If you currently save or choose to save with any partner banks in the future, money held directly at the banks will be protected ahead of money held with Octopus Cash.

Learn more
Octopus Cash offers savings solutions for individual savers, businesses and financial advisers.
How can we help you?
For advisers
For savers
For businesses

Want to talk?

If you would like to contact us, just send an email or call us directly. A member of our customer support team will be happy to help.

Give us a call: 0800 294 6848

The Financial Services Compensation Scheme (FSCS) is the compensation scheme for customers of UK banks that are authorised to hold deposits. It protects savers if the bank goes bust

Octopus Cash is not a bank. But we partner with banks which are FSCS protected. Prior to being deposited with our partner banks, your money will be kept in a segregated HSBC trust account, which is also FSCS protected.

The FSCS offers £85,000 of protection per person per institution, or £765,000 for a couple.

Any deposits you hold above the limit won't be covered. For further information, visit fscs.org.uk

AER stands for Annual Equivalent Rate. It shows what the interest rate would be if interest was paid and compounded once each year.