GB Bank Base Rate Tracker 4.91% AER

A game-changing easy access savings account from Wombat that tracks the Bank of England base rate (minus up to 0.5%), not the market, guaranteeing faster returns

Unlock 4.91% AER (variable) paid daily

Easy access withdrawals once a month

Deposits protected up to £85k by the FSCS

4.6 - 700+ reviews

No penalties, fees or notice periods

Deposit anytime up to £250k

No more endless account switching

Secure. Trusted. Award-winning.

Game-Changing Savings

Why choose Wombat’s Base Rate Tracker?

Highly competitive interest that adjusts automatically

Our interest rate moves with the Bank of England base rate, guaranteeing a fixed margin of up to 0.5% below, and adjusts the very next day

Get easy access to your funds

Relax knowing you can get easy access to your money with once a month withdrawals, without notice and without fees. Save up to £250,000 without locking your money away

Benefit from compounding with daily interest payments

Earn daily interest on your money, and experience the power of compounding to make your savings work harder

Free and easy to open

Open a free account in minutes with a minimum opening balance of £500 and optimise your cash’s earning potential with an interest rate that moves with the Bank of England base rate the very next day

T&Cs apply. Money is deposited with GB Bank

Potential Earnings

One app for effortless money management

Unlock an impressive 4.91% AER on your savings, and watch your money grow effortlessly

Wave goodbye to the constant cycle of account hopping and forget waiting for banks to pass on higher interest rates. Our Base Rate Tracker adjusts the very next day after any change in the Bank of England’s base rate, ensuring you always benefit from the latest rate moves.

Plus with daily interest payments, we’re also putting an end to the disappointing wait for annual interest payouts from high street banks

4.91% AER

variable

If you deposit

You could earn

+£

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For illustrative purposes only. It assumes that you don’t deposit or withdraw any money over 12 months, and that there was no change to the interest rate

Your savings are safe

Any funds you deposit in Wombat's Base Rate Tracker are deposited with GB Bank, a fully regulated and authorised UK bank.

So you can rest-assured knowing that deposits up to £85,000 per person, per banking group, are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

‍FSCS Information Sheet and Exclusions List

What is Wombat's Base Rate Tracker savings account?

Interest rates are determined by the Bank of England base rate, which recently announced its 14th consecutive increase in August 2023, reaching its highest level since March 2008.

Usually, banks and savings providers decide whether and when to pass on any rate increases to savers, meaning you may not see any benefit at all. However, our Base Rate Tracker adjusts with the Bank of England base rate (minus up to 0.5%), the very next day, eliminating the need for endless switching.

Plus, our GB Bank Base Rate Tracker combines the advantages of a savings tracker with the convenience of an easy access account. No need to lock your savings away for extended periods, deposit anytime and enjoy once a month withdrawals, receive daily interest, and you're guaranteed to see your interest increase with any rise in the Bank of England base rate.

Innovative

Enjoy the benefits of a savings rate tracker with the convenience of an easy access account

Protected

Rest assured, your money is safeguarded by the Financial Services Compensation Scheme up to £85,000

Supportive

Experience exceptional UK-based customer support, there for you whenever you need it

How to open a Wombat Savings Account

Scan the QR

Open your free savings account

Start saving for your future

Deposit anytime up to £250k and watch your savings grow

GB Bank Notice Savings Accounts

Access competitive interest rates, easily add to your savings, and have the flexibility to withdraw at a time that's perfect for your financial goals

30 and 95 Day Notice Savings Accounts

Earn daily compounded interest with daily payments

Deposits FSCS protected up to £85k

4.6 - 700+ reviews

Apply online anytime, in minutes

Deposit up to £250,000

Open an account from £500

30 Day Notice Account

4.75%

Variable

Interest rate (AER)

Interest paid daily

95 Day Notice Account

4.85%

Variable

Interest rate (AER)

Interest paid daily

Key Features

Why choose Wombat's notice accounts?

We're an award-winning saving and investing app and we believe in offering everyone the opportunity to grow their money. That's why we make it easy to open and manage your account, and why our accounts are completely transparent

Access highly competitive interest rates

Benefit from daily interest payments

Enjoy a low account opening balance of £500

Deposit £50+ anytime up to £250,000

Unlimited full withdrawals after the notice period

FSCS protection up to £85k

Open a free account online, in minutes

Money is deposited with GB Bank. Deposits are restricted whilst a full withdrawal is pending

What is a notice account?

Want a high interest savings account but don’t need instant access to your funds? A notice account could be perfect for you. Open a notice account, add to your savings and simply wait a set notice period to withdraw

Competitive Interest

Notice accounts often offer attractive interest rates, and generally the longer the notice period, the higher the interest rate offered

Money Management

Prevents you from withdrawing on a whim and curbs impulse spending, improving long-term budgeting

Flexible Savings

Choose a notice period that's perfect for your financial goals and deposit as often as you like

Your savings are safe

Any funds you deposit in Wombat's Notice Savings Accounts are deposited with GB Bank, a fully regulated and authorised UK bank.

So you can rest-assured knowing that deposits up to £85,000 per person, per banking group, are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.

‍FSCS Information Sheet and Exclusions List

How to open a Wombat Savings Account

Open your free savings account

Scan QR

Start saving for your future

Deposit up to £250k and watch your savings grow

Savings Accounts

GB Bank Base Rate Tracker 4.91% AER

An innovative savings account to put an end to endless account switching. Get an easy access savings account with an interest rate that automatically updates with the Bank of England base rate, and guarantees never to stray more than 0.5% from it. Optimise your savings, effortlessly.

Easy access withdrawals once a month

Daily interest payments

Automatically receive near top-of-market rates

Learn More

View Notice Accounts

T&Cs apply. Interest rate is subject to change

Optimise your portfolio

Low-cost, clear pricing

Simple, accessible investing

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Powering the Internet

Fly the Flag

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