If you live in Birmingham, you can compare savings accounts from banks and building societies across the UK, as well as local providers; rates are not usually based on your city. Check the interest rate, whether it is variable or fixed, access restrictions, minimum deposits and any introductory conditions. Make sure the provider is authorised by the FCA and eligible deposits are protected by the Financial Services Compensation Scheme, subject to its limits. Check whether your interest could exceed your Personal Savings Allowance and compare current rates using a reputable comparison service or the providers’ own websites.