Savings Interest Rates, Switch Offers and Guides for AJ Bell

Who they are

AJ Bell was founded in Manchester by Andrew James Bell and Nicholas Littlefair in 1995. What began as a small actuarial consultancy has grown into one of the largest investment platforms in the UK - and a FTSE 250 company. With over 723,000 customers, AJ Bell is regulated by the Financial Conduct Authority and is the only investment provider to be Which? Recommended eight years running, from 2019 to 2026.

Its core focus is DIY investing - think SIPPs, ISAs and dealing accounts - rather than traditional cash savings. That said, AJ Bell does operate a Cash Savings Hub, a cash savings platform that lets savers move between savings accounts to chase better rates, working in a similar way to other platforms such as Raisin UK and Hargreaves Lansdown's Active Savings.

The savings account on offer

The product tracked by DepositScout for AJ Bell is the Stocks and Shares ISA - a DIY investment account rather than a traditional savings product. There is no fixed or guaranteed interest rate attached; returns depend entirely on how the investments you choose perform. The minimum to get started is £250.

On protection: investments in the account are covered by the FSCS up to £85,000, and AJ Bell Youinvest, AJ Bell Dodl and AJ Bell Investcentre share FCA registration number 155593, so the £85,000 investment protection applies across all brands sharing that reference. Worth bearing in mind if you hold accounts across more than one AJ Bell brand. The DepositScout data also notes that uninvested cash within the account carries a higher protection level - up to £120,000 - in line with standard FSCS deposit rules.

Is it right for you?

AJ Bell is primarily an investment platform, not a savings bank. If you are looking for a guaranteed interest rate - on an easy-access account, a fixed-rate bond or a cash ISA - you are unlikely to find that here through DepositScout's current data. The Stocks and Shares ISA suits someone comfortable making their own investment decisions, happy with market risk, and looking to grow wealth over the longer term inside a tax-efficient wrapper.

If cash savings with a predictable rate is what you need right now, it is worth comparing the other providers listed on this page. Rates change frequently, so check the live figures shown here before making any decisions.