2.75% interest with easy access. Yes really.
We’re able to achieve this by going around the banks. We grow your money the same way they do, but with us there isn’t the same overhead. That means we can pass more money directly to you.
Yomo’s 2.75% interest is a variable rate consisting of 2% made from putting your money to work, plus the Bank of England Base Rate — currently 0.75%.
Learn more about our rate
What 2.75% interest means for your money:
Compare with competitor rates →
It’s time we brought saving into the 21st century
Interest paid daily
Feel your money grow and watch how it compounds by getting your interest paid daily.
Easy access
Withdraw anytime with no charges and no fees.
No tricks
No maximums. No introductory rate. No phoney offers. Start with just £1. Always transparent.
Built for the online generation
Easy to start, quick to setup. Built using cutting edge technologies, not outdated banking systems.
Your security is our priority
We are working to ensure savings are covered by a European financial compensation scheme. Details will be shared prior to launch. Sign up for early access and get updates on security details once they are finalised.”
Find out more →
Bank-level Security
We use 256-bit encryption, the same level as leading Banks to keep your personal and transactional data safe.
Closed-loop System
Money deposited to Yomo can only be withdrawn to the same bank account it came from.
We want to help everyone make the most of their money
Why we believe Yomo needs to exist:
Today we are faced with extremely low, undesirable interest rates. The only way to get better rates is to accept limits and controls that dictate how we grow our money. And, to top it off, we’re confronted with confusing language and concepts that make wealth creation difficult to understand.
We’ve always believed there can be a better way. With Yomo we’re offering everyone in the UK a way to make the most of their money and achieve a better financial future.
Learn more about our mission2.75% interest, paid daily with Yomo
Easy access
No lock-ins
No limits
No tricks