Savings provider ups interest rate to 4% following Bank of England rate rise this week

As well as this new offer, Atom’s Instant Saver rate is now fourth and its Fixed Saver range currently sits in the Top Five of the best buy table.

Mark Mullen, Chief Executive Officer at Atom, said: “With the cost-of-living crisis biting and as winter fast approaches, it’s disappointing, but not surprising, to see high street banks continue to offer savers rock bottom rates despite the recent rate hikes.

“This is not the case at Atom, as we continue to increase the rates across our savings range to offer customers a better deal, with exceptional service, because that’s what we came here to do. 

“Our vision is to change banking for good, for the better and for everyone.”

READ MORE: Martin Lewis urges Britons to take urgent action on energy bills