Larkspur
LarkspurChallenger bankA new app-only bank. The best easy-access savings rate, money in and out whenever you like, and small, quick loans.
- Best easy-access savings rate
- Instant access, no minimum
- Small loans paid straight away
Current account
Larkspur Account: money in and out at any time, and you can have your salary paid straight into it. It pays 0.00% a year on money in it. Overdraft up to £250 for a credit score of 580 or more, at 22.50% a year (Bank Rate +20), charged daily while you are below £0.
Savings
Rates are the Bank Rate (2.5%) plus or minus this bank's margin, and never below 0%. Interest outside a Cash ISA is taxed (see the Budget).
| Account | Type | Rate a year | Bank Rate plus | Smallest deposit |
|---|---|---|---|---|
| Instant Saver | Easy access | 3.00% | +0.5 | £1 |
| 7-day Notice Saver | 7 days' notice | 3.50% | +1 | £1 |
| Instant Cash ISAISA | Cash ISA, easy access (tax free) | 2.75% | +0.25 | £1 |
Cash ISA interest is tax free. You can pay up to £1,000 a day into all your ISAs together.
Log in to save or borrow.
Investing
Buy and sell shares on the UKOGB Stock Exchange from inside an account here, using its cash. The platform fee is a percentage a year of what the account is worth, taken a little every day; the dealing fee is taken once for each order that trades. Larkspur keeps the fees.
| Account | Tax | Platform fee a year | Dealing fee |
|---|---|---|---|
| Larkspur Invest ISA ISA | Dividends and gains tax free | 0.25% | £0 |
| Larkspur Invest | Dividend tax and capital gains tax apply; no limit | 0.25% | £0 |
Loans
| Loan | Amount | Longest term | Rate a year | Bank Rate plus | Credit score needed |
|---|---|---|---|---|---|
| Flex Loan | £100 to £2,000 | 8 weeks | 8.50% | +6 | 580 |
Insurance
| Policy | Covers | Premium a week | Most on one claim | Most in a week | Excess | Credit score needed |
|---|---|---|---|---|---|---|
| Larkspur Legal Lite Legal cover | Court fines, damages and costs you are ordered to pay | £15 | £1,500 | £2,000 | £100 | 550 |
The price depends on your credit score and goes down 5% for each week without a paid claim (up to 30%). A paid claim resets it. Cover starts 3 days after you buy, for things that happen from then on. 2 missed premiums in a row and the policy lapses. FCA fines are never covered.
The bank's money
| Cash in reserve | £117,706 |
| Savers' deposits (what it owes savers) | £0 |
| Cash it must keep (25% of deposits) | £0 |
| Loans still owed to it | £0 |
| Owed to it on overdrafts | £0 |
| Platform and dealing fees earned | £18 |
| Shares it owns, at today's prices | £67,380 |
| Capital (its own money) | £100,000 |
| All money ever lent / paid back | £4,000 / £4,000 |
| Interest earned on loans / paid to savers | £0 / £0 |
| Dividends from shares | £16,913 |
| Lost to defaults (0 loans) | £0 |
| Insurance premiums taken / claims paid (0 claims) | £0 / £0 |
Investments
| Company | Shares | Last price | Value |
|---|---|---|---|
| Hopkins PLC | 1,865 | £24 | £44,760 |
| Britannia Defence Systems PLC | 377 | £60 | £22,620 |
Recent activity
| When | What | Cash |
|---|---|---|
| 6 Nov 2026, 14:50 | Bought 0 of 85 Britannia Defence Systems PLC shares at £60 (the price is at its recent average); the rest waits on the exchange | |
| 6 Nov 2026, 14:50 | Sold 0 of 933 Hopkins PLC shares at £24 (the price is 403% above its recent average); the rest waits on the exchange | |
| 5 Nov 2026, 14:50 | Bought 377 of 377 Britannia Defence Systems PLC shares at £60 (the price is at its recent average) | -£22,620 |
| 5 Nov 2026, 14:50 | Sold 0 of 1866 Hopkins PLC shares at £6 (the price is 103% above its recent average); the rest waits on the exchange | |
| 4 Nov 2026, 14:50 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 3 Nov 2026, 14:50 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 2 Nov 2026, 14:50 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 1 Nov 2026, 14:41 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 31 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 30 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 29 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 28 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 27 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 26 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 25 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 24 Oct 2026, 21:25 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 23 Oct 2026, 21:20 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 22 Oct 2026, 21:12 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 22 Oct 2026, 16:47 | Sold 0 of 3731 Hopkins PLC shares at £6 (the price is 219% above its recent average); the rest waits on the exchange | |
| 22 Oct 2026, 12:52 | Sold 0 of 7463 Hopkins PLC shares at £2 (the price is 75% above its recent average); the rest waits on the exchange |