Savings account

GB Bank Base Rate Tracker 4.91% AER

A game-changing easy access savings account from NuWealth 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 - 750+ reviews
4.91%
AER Variable
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 NuWealth’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
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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
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4.91% AER
variable

If you deposit

£
0

You could earn

0
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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 NuWealth'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 NuWealth'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 NuWealth Savings Account

Download NuWealth

Over 300k happy individuals trust us to help them build wealth. Ready to join them?
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Open your free savings account

Register, open a GB Bank Base Rate Tracker savings account, and link your bank. Simple

Start saving for your future

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

"Super easy to use and great app. I will definitely keep using for future investing. Will also recommend to family and friends."
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"Easy to use for a total beginner. The customer service is amazing, very quick to answer any questions and resolved issue easily."
Easy to use and easy to follow. Easy to use and easy to follow. Makes investing affordable and a lot less complicated.
" Perfect I'm pretty time poor & this app gives me great access to tech stocks in Europe and the US while also helping me build a balanced portfolio & save each month without having to worry..."
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"Great ux, low charges and easy to set up. Great ux, helpful guides for beginner investors, low charging structure and easy to register."
"Makes investing really accessable. I really like the mix of fractional shares and ETFs, helps me to build a really diverse portfolio really  quickly. UX is slick and easy to use. Top marks from me!"
"This is a great app This is a great app for the new investors. Very easy to use and it works like a saving account! 10/10"
"Wow, what a great app! Great, easy, intuitive UI. Easy investing with great returns (so far). I'm a big fan of the themed funds, gives the  user a sense of purpose behind their investment. All round ...
"Best trading app for beginners It's easy to use and best in the market app, specially for beginners."
Fantastic app, simple, quick and easy to understand with helpful customer service. Great for long term investors. Love the instant  deposit feature.. Keep up the good work NuWealth!

Start saving for your

A refreshing way to save and invest

GB Bank base rate tracker
We've got accounts to suit all of your financial needs, and we're adding more all the time.
Add our base rate tracker to your overall financial strategy for ultimate diversification. 
Balance security and convenience, with potentially higher-yielding investments to optimise your financial portfolio
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Frequently asked questions

What is NuWealth’s GB Bank Base Rate Tracker?

NuWealth’s GB Bank Base Rate Tracker is a free savings account that adjusts automatically with the Bank of England base rate, minus up to 0.5%, the very next day, eliminating the need for endless switching. 

Our Base Rate Tracker also combines the advantages of a savings tracker with the convenience of an easy access account. So not only do you get a competitive interest rate whenever the base rate changes, but you also don’t need to fix your savings for extended periods, you can deposit as many times as you like from £50 (minimum opening balance of £500), and you can withdraw your money easily once per month.

You will receive daily interest, and you're guaranteed to see your interest increase with any rise in the base rate, so you don’t need to worry about switching for a competitive rate.

Who is GB Bank?

NuWealth has partnered with GB Bank to bring you our Base Rate Tracker savings account.

GB Bank is an award-winning, fully authorised and regulated UK bank (FRN: 850286), dedicated to providing accessible and competitive savings accounts. Every penny saved with GB Bank contributes towards building better futures for the communities across the UK that need it most.

Any funds you deposit in NuWealth's Base Rate Tracker are deposited with GB Bank (prior to depositing the money with GB Bank, money will briefly be held in an eMoney wallet in your name with Bondsmith), and are protected up to £85,000 by the Financial Services Compensation Scheme (FSCS). Any deposits you hold above the limit are unlikely to be covered. For further information, please view the Information Sheet on the FSCS website.

Is NuWealth's GB Bank Base Rate Tracker free?

Yes, NuWealth's GB Bank Base Rate Tracker is completely free.

What are the minimum and maximum withdrawal and deposit amounts with NuWealth’s savings accounts?

With our GB Bank Base Rate Tracker, the minimum opening deposit is £500, and thereafter you can make as many deposits as you want, anytime from £50, up to a total balance of £250k. You can deposit money into your accounts via a Faster Deposit (please allow until the next working day for funds to arrive), or a bank transfer (which can take up to 48 hours). All you need to do is link your bank account and select the amount you’d like to transfer.

You can withdraw as much or as little as you like, once a month, with this account. Tap ‘Withdraw’ on the home screen, input the desired amount, and tap ‘Go’.

With a NuWealth Notice Account, the minimum opening deposit is £500, and thereafter you can make as many deposits as you want, anytime from £50, up to a total balance of £250k. We only offer full withdrawals from notice accounts at this time.

How do I open a savings account with NuWealth?

Opening a savings account with NuWealth is quick and simple. First, make sure you’ve downloaded the NuWealth app from the Play Store, or App Store. Once you’ve installed the app, enter your details to register for NuWealth if you haven’t already got an account with us, and select the account you’d like to open. Only UK residents aged 18 and over can open an account with NuWealth.

For our savings accounts, the minimum opening balance is £500. After this, you can deposit anytime from £50. 

To transfer your savings from another provider, you must first withdraw all of your money and then deposit it with NuWealth.