Monthly Savings PlanFind out what your regular savings plan could be worth.
Lump Sum InvestmentsUse our interest calculator to work out what interest you could earn on your lump sum. Find out what your lump sum investment plan could be worth.
Figures issued this morning by the Office for National Statistics (ONS) have revealed the Consumer P... More
Around 78% of people expect their savings pots to grow less than the rate of inflation, according to... More
Millions of people are deceiving their partners by keeping their true salaries secret and stashing a... More
Over 70% of people in their thirties are concerned about their ability to put money aside for their ... More
Locking your money away, even for a short period of time, can be a great way to achieve the most com... More
Islamic savings accounts offer a Sharia’a-compliant way of saving for Muslims living in the UK, as w... More
Find out where your bank or building society is licenced, and what deposit protection guarantees you... More
Savings accounts for the over 50s can offer a better rate, but not always. Make sure you always comp... More
A new variable-rate savings account has been launched by Aldermore, available to savers with deposit... More
Shawbrook Bank has increased its 4 Year Fixed Rate Bond by 0.20%, catapulting it into the fixed-rate... More
The Bank of Scotland has increased the rate on its Young Saver by 1.00% AER for investors with depos... More
Skipton Building Society has increased the rate on its 5 Year E-Bond by 0.45%, pushing into pole pos... More
Principality Building Society has revealed the Member Variable Rate Bond Issue 19 paying a variety o... More
The main reason you might want to have your interest paid monthly is to use this interest to top up your monthly income. Alternatively, some people like to see interest applied to their account more regularly, rather than every year, so that they have an appreciation of how their savings are growing.
Not all savings accounts and cash ISAs offer the option to pay you interest monthly. This best buy table shows the best variable rate accounts that do, with fixed rate monthly accounts and cash ISAs available on our whole market savings search.
Most monthly interest savings accounts offer the option to either have your interest kept in the account (where it then benefits from compound interest and helps to grow your savings pot), or to have it paid into a separate account, such as your bank account where you can make use of it in your day-to-day finances.
Some monthly interest accounts may only allow the interest to be paid to a separate account so watch out for this.
Savings home Search all monthly interest savings accounts & ISAs
Guide to monthly interest accounts Savings guides