Instant Access Savings Account
Send More Home by Earning More
- Earn interest before your next transfer
- Earn a boosted 5.00% AER on savings for 6 months, and then 3.04% tracker. T&Cs apply1.
- Deposit & withdraw anytime. No penalties
15.00% AER (Tracker). Comprised of an underlying standard rate of 3.04% AER (3.00% gross, which tracks 0.75% under the Bank of England base rate), plus a 1.96% AER boost applied for 6 months from the day you open the account. For more information see the Instant Access Summary Box. To be eligible for the Boosted Instant Access Promotional Rate you must be a new or existing LemFi customer. A new customer is defined as someone who has never previously opened a LemFi Instant Access Savings account. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Grow Your Savings.
For rainy days, big plans, and things that matter.
Instant Access Savings Account
Save at your own pace directly from your wallet and earn up to 5.00% AER (4.89% Gross) on your savings.
Deposit as little as £1
Every pound counts. Start building your future with just £1, and enjoy the freedom to save and grow at your own pace.
Withdraw Anytime
Enjoy full access to your savings. Withdraw your money whenever you want with no penalties or fees.
Join 1 million+ satisfied customers already using LemFi and start growing your money on your terms. Save, withdraw anytime, and still earn interest on your balance.
Ready to save?
Here’s how it works!
Rate shown for illustrative purposes only.
Step 1
Open the LemFi App
Find the Savings feature in the Services section of your LemFi app dashboard.
Step 2
Create your Savings Pot
No long forms or waiting periods, just instant access to high-yield savings.
Step 3
Add Money
Fund your savings from your GBP balance or directly from your bank account. Start earning interest from just £1.
Why save with LemFi?
Our savings account offers a highly competitive interest rate with no strings attached – withdraw whenever you need.
Track Your Progress
Create and personalise your LemFi Savings wallet and see how much you’ve saved and earned monthly.
Every Pound counts
Your savings account allows you to save as little as £1 and as much as £250,000. The higher the savings, the greater the interest.
Earn interest daily, get paid monthly
Your interest is calculated daily and paid monthly, so you can watch your savings grow in real time.
All your money needs in one app
Send money home, grow your savings, and manage everything from one secure app. No need to switch between apps
Covered by FSCS
Eligible deposits held in the LemFi Instant Access Account (powered by ClearBank) are covered by the Financial Services Compensation Scheme (FSCS) subject to eligibility. All eligible deposits at the same bank are aggregated to determine the coverage level for each depositor up to £120,000, therefore if you have any other products/services with ClearBank, these will be aggregated. To find out more and to check your eligibility please visit fscs.org.uk/about-us/
Got questions?
Some of most frequently asked questions.
What is the LemFi Instant Access Savings account? (Powered by ClearBank)
The LemFi Instant Access Savings account offers a flexible, fee-free way to save.
Your eligible deposits are protected by the FSCS up to a total of £120,000 across all ClearBank-powered accounts you hold. The FSCS's compensation limit of £120,000 is per banking licence and as our Instant Access Savings Account is powered by ClearBank, this means the £120,000 limit is shared across all accounts you hold with ClearBank. For example, if you have £100,000 saved in a LemFI Instant Access Savings Account and £30,000 saved in another account powered by ClearBank elsewhere, only £120,000 of your deposits would be eligible for FSCS protection. Read more
Who is ClearBank?
Getting Started with Savings
Eligibility criteria for opening a LemFi Savings Account
