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About Spring

Spring is a new savings app that connects directly to a customer’s current account to deliver significantly better returns. There are no withdrawal limits or fees, and 24/7 app support with help tools, backed by a UK customer service team. Customers can apply in minutes and earn 4.30% on their savings.

Spring is brought to the market by Paragon Bank, the award-winning FTSE 250 bank that already looks after £16 billion of customers’ savings.

Media contact:

Michael Clarke, Head of Media Relations
Hannah Kolarski Daniels, Media Relations Manager

Sector

Savings

Type

Digital banking services

Influencer Of

Popular Content

Derek Sprawling, Head of Money for Spring, says the fall in inflation will offer some relief but urges savers not to become complacent, with billions still remaining in low-paying accounts

Press releases, Budget 2025

Derek Sprawling, Head of Money for Spring, says the fall in inflation will offer some relief but urges savers not to become complacent, with billions still remaining in low-paying accounts

Spring

Nov 19, 2025

Derek Sprawling, Head of Money at Spring, says that with the Bank of England base rate holding, savers need to remain alert and monitor their rate, with £32 billion languishing in accounts earning 1% or les

Derek Sprawling, Head of Money at Spring, says that with the Bank of England base rate holding, savers need to remain alert and monitor their rate, with £32 billion languishing in accounts earning 1% or les

Spring

Nov 06, 2025

Billions left behind: £32 billion adult savings only earning up to 1%, with over three quarters held in accounts with balances of £10,000+

Digital finance

Billions left behind: £32 billion adult savings only earning up to 1%, with over three quarters held in accounts with balances of £10,000+

Spring

Oct 31, 2025

Brits bank on habit – over half of savers keep their cash with current account provider

Brits bank on habit – over half of savers keep their cash with current account provider

Spring

Oct 27, 2025

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Press releases

Rooms participated in:

Budget 2025 ISAs

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