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Ditch the hassle and get a top-tier rate with Octopus Cash
Putting your hard-earned cash to work should be simple, not stressful. Octopus Cash is a one year fixed-term deposit account that helps you find high street-beating rates, by spreading your savings across some of the UK’s top challenger banks.
Earn up to 1.67%. And we don't charge you any fees – we charge the banks.
Rather than managing lots of different savings accounts, you'll just have one point of contact: us.
We automatically offer you the best available rate at the end of your one-year term.
Get FSCS coverage on up to £340,000 of savings. You can even save more, it just won't be covered.
5 different banks, one thing in common.
Like us, our partners create straightforward, rewarding products that put the customer first.
What happens when a Cambridge University college and a local pension fund join forces? You get Cambridge & Counties bank: a unique partnership between Trinity Hall, Cambridge and Cambridgeshire Local Government Pension Fund. Specialists in supporting the growth of small and medium size SMEs, Cambridge & Counties has received recognition for their savings accounts, including awards from MoneyFacts and Savings Champion
Established in 1878, Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. Its retail savings business, Close Brothers Savings, specialises in providing customers with simple and easy to use deposit products that offer consistently competitive interest rates.
OakNorth is the bank for entrepreneurs, by entrepreneurs. Created by entrepreneurs who were frustrated with how the large high street banks treated small and mid-sized companies, OakNorth creates bespoke loans for each borrower based on their specific needs, and completes the loans in days or weeks, rather than the months it takes at larger institutions. OakNorth has raised over £220m of deposits and was named the top challenger bank in the UK by IBS Intelligence in December 2016.
Aldermore is an SME-focused bank which operates with modern, scalable and legacy-free infrastructure. Founded in 2009, we have grown significantly, posting our first year of profits three years after launching, establishing Aldermore as one of the leading alternative banks. We offer simple financial products and solutions to meet the needs of underserved Small and Medium-sized Enterprises (SMEs); across their business and personal lives, as well as homeowners and savers. We focus on specialist lending across four areas: Asset Finance, Invoice Finance, SME Commercial Mortgages and Residential Mortgages. Our lending activity is predominantly supported by the deposits we receive from Britain’s savers.
Metro Bank launched in July 2010 as the first new high street bank in more than 100 years. The revolutionary UK bank offers personal and business banking services, with a focus on providing unparalleled levels of service and convenience. Now, it serves over 900,000 customer accounts across its network of 48 stores, recording £8bn in deposits and £6bn in loans in its latest set of full year results. In March 2016, it took the next step in its journey by listing on the London Stock Exchange.