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Product focus: Regular savings accounts

Product focus: Regular savings accounts

Category: Savings

Updated: 13/07/2010
First Published: 17/06/2010

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

A number of high street banks like to reward customer loyalty by offering better rates to existing customers.

Savers looking to put aside a regular amount each month may find that there existing current account provider will offer them preferential rates.

HSBC – Preferential Regular Saver

New and existing customers of HSBC, who hold or open a Premier, Advance, Passport or Graduate account are being offered a market leading rate of 8.00%. Savers can invest between £25 and £250 into the account during the one year term. Access during the term is available on closure and the Flexible Saver rate will become payable.

first direct – Regular Saver

Customer with a first direct 1st account can open a regular saver account paying 5.00%. Savers can invest between £25 and £300 per month into the account. Contributions can be amended during the term, but must not exceed the maximum monthly limit. Access during the one year term is available on closure only, with the standard savings account rate becoming payable.

Norwich & Peterborough Building Society – Gold Savings

Gold Current account customers, who regularly fund their current account with £1,000 per month are being offered a rate of 5.00% on the Gold Savings account from Norwich & Peterborough Building Society. Savers can invest between £25 and £250 per month into the account. The account has a one year term and access is available on closure only.

Find the best savings rates for you - Compare savings accounts

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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