Tools

Savings calculator

Monthly compounding in GBP. Type the rate from a written offer — we do not invent a market average.

Balance after 5 years
£40,000
Balance after 5 years
£40,000
You put in
£40,000
Interest earned
£0
Protected amount
£120,000

FSCS protection covers deposits per person, per institution. Balances above that limit are best split across institutions.

Cost breakdown
You put in£40,000Interest earned£0(0%)
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This calculator compounds a starting balance and a regular payment at a rate you type. The rate is an assumption, not a quote from a United Kingdom provider. It does not model every tax wrapper or every withdrawal rule.

Replace the rate with a written offer, then compare savings accounts and term deposits. Local wrappers: local tools. Protection: FSCS protection. Tax treatment: tax wrappers and savings.