Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts. Where we have been able to we have also provided a link for you to open an account today. Products shown with a yellow background are sponsored products.
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme. The maximum level of protection will be reducing from £85,000 to £75,000 from 1 January 2016.
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
Stay in the know with all the latest information, of-the-moment consumer trends, best-in-class products & providers and helpful tools from Moneyfacts.
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.
OK, we know it’s a bit soon to be talking about Christmas, but if you want to make sure you can comf... More
Easy-access savings accounts are as simple as they sound – they allow you to access your money whene... More
Squeezed household incomes mean that more and more of us are relying on family members for financial... More
Savers, we’ve got some great news – signs of life are cropping up all over the place in the savings ... More
News for savers over the last few years has been dreary to say the least, but it finally seems as th... 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
With some forecasters predicting interest rate cuts by November 2012, we look at the pros and cons o... More
Shawbrook Bank has increased selected fixed rate bonds by 0.10%, enabling three of its deals to impr... More
Kent Reliance has taken the Moneyfacts charts by storm after it increased the rates paid by selected... More
Kent Reliance has increased the rate of its 60-day notice savings account by 0.25%, giving it a mark... More
West Brom Building Society has unleashed a new easy access account onto the market, earning an ‘exce... More
Close Brothers Savings has secured another chart place with its new five-year fixed rate deal, which... More
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.