Scroll down

Making your money work harder just got easier

Octopus Cash is a fixed-term savings service that could help to take the stress out of finding a better home for your savings.

Find out more
Octopus Cash works with some of the UK’s leading challenger banks to give you a top-tier savings rate. And you can forget shopping around for better deals, year in, year out: the service will automatically offer you its best new rate at the end of the one-year term. It’s one less thing for you to worry about.

Meanwhile, if you’re looking to make a large deposit, Octopus Cash will even spread your money across multiple banks to make sure more of it is covered by the Financial Services Compensation Scheme (FSCS).

Get set up in minutes at

Important information

You should be aware that Octopus Cash is a fixed-term savings product. You won’t be able to access your deposits before the end of the one-year term.

Only £85,000 of savings at each partner bank will be covered by the FSCS. If you currently save or choose to save with any of them in the future, money held directly at the banks will be covered ahead of money held with Octopus Cash.

We do not offer investment or tax advice, and we always recommend you talk to a financial adviser before making investment decisions. Octopus Cash is a trading name of Octopus Institutional Deposits Limited (Company Number 10163532).