What types of accounts are available in Savings by MoneySuperMarket?
Easy access accounts Earn interest while keeping your money flexible. Save at your own pace and withdraw your money whenever you need.
Notice accounts Typically earn more interest than easy access accounts, with the flexibility to withdraw after giving notice – usually between 30 and 95 days. Some accounts have limits on the number of withdrawals you can make.
Fixed term accounts Your money stays locked until the end of the term, but you’ll usually get rewarded with better interest rates compared with other types of savings accounts.
Find an account that suits your savings goals. You can even spread your money across different types of accounts with different banks – and manage them all from one login.
What is the SuperSave account?
The SaveSmart account is a savings account available within Savings by MoneySuperMarket.
It’s designed to help you grow your money safely and simply.
It offers:
Extra protection – up to £360,000 FSCS cover, by spreading your savings across trusted banks (the usual limit is £120,000).
Interest that adds up – earn a single blended rate, calculated daily and paid monthly. If the rate changes, you’ll get an email.
Easy access – take out your money within one working day, with no notice needed.
Simplicity – manage your savings in one place.
It’s a smart way to save more, with extra peace of mind.
Can I open more than one savings account?
You can open as many accounts as you like and spread your money across different types of accounts with different banks.
What happens when a fixed term account matures?
The balance in the account will be transferred to your Holding account. Once the money is in your Holding account, you’ll be able to:
Move the money into a new savings account
Or withdraw the money to your nominated bank account – that’s the one you’ve linked to your Savings by MoneySuperMarket account
Can I withdraw money from a fixed term account?
You can’t withdraw money from a fixed term account. Your money is locked in until the term ends. In rare cases, like terminal illness, early access may be possible.
How do I withdraw money from a notice account?
Log in to your MoneySuperMarker app and head to “Save”
Go to “My Accounts” and choose the account you want
Tap “Manage account”, then “Withdraw”
Pick where the money should go:
Your nominated bank account
Your Holding account
Enter the amount and confirm by tapping “Withdraw”
Your notice period will start. When the notice period ends, your money will be sent either to your nominated bank account or to your Savings by MoneySuperMarket Holding account – based on the option you selected when you chose to withdraw.