Leeds Building Society is to launch a top-paying easy access account today (6 December). Its Limited Issue Online Saver pays 1% before tax on a minimum £5,000. It matches the rate paid by RCI Bank, which has headed the best buy tables for months.
Tesco Bank has also raised the rate on its Internet Saver to 1% but this rate is boosted for a bonus paid for the first 12 months. After that your rate drops to 0.4%.
Under new rules from city regulator the Financial Conduct Authority, which came in effect last week, banks and building societies have to write to you 14 days before your bonus runs out to warn you your rate will drop.
The new rules are not just limited to accounts with a bonus. They must also tell you of any cut they plan to make on all easy-access account you have.
- See this week's Best savings accounts
With Atom you have to run your account on your phone through its app, while with French-owned RCI Bank your money is covered by the European compensation scheme rather than our home-grown Financial Services Compensation Scheme (FSCS).
The European scheme gives you €100,000 (around £84,000) worth of cover. Swedish-owned Ikano is covered by the Swedish scheme, which gives the same £75,000 level of protection as the FSCS.
But you can't transfer your existing cash Isas into these accounts. The top deal which accepts transfers is 0.9% from Principality Building Society.
This article was originally written for our sister magazine, Money Observer.