Regular Savings Accounts

  - Compare the best regular savings accounts as chosen by our experts. Where we have been able to we have provided a direct link for you to open an account today.
Also look at:

Compare the Best Regular Savings Accounts

Compare
Up to 3 products
side by side
AER Rate Type Notice / Term Min Invest Account Opening Search all 1596 accounts
 


12 Month Fixed Rate Members' Regular Saver (Iss 2)
4.00%
Fixed 12 Month Bond £10
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


Regular Savings
4.00%
Variable 1 Year Bond £25
  1. No
  2. Yes
  3. No
  4. No
Details...  


Adults' Fixed Rate Regular Saver (Issue 3)
3.30%
Fixed 12 Month Bond £10
  1. No
  2. Yes
  3. No
  4. No
Details...  


Regular Saver
3.10%
Variable Instant £10
  1. No
  2. Yes
  3. No
  4. No
Details...  


Regular Saver Issue 3
3.05%
Variable Instant £50
  1. No
  2. Yes
  3. Yes
  4. No
Details...  


One Year Regular Saver 2
2.90%
Variable 12 Month Bond £100
  1. No
  2. Yes
  3. No
  4. No
Details...  


Furness Lifestyle Saver
2.55%
Variable Instant £1
  1. No
  2. Yes
  3. No
  4. No
Details...  


Regular Savings
2.25%
Variable Instant £25
  1. No
  2. Yes
  3. No
  4. No
Details...  


Regular Saver Bond Issue 16
2.00%
Fixed 1 Year Bond £20
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  


Regular Saver
2.00%
Fixed 12 Month Bond £25
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...  
Compare
Last Updated: Wednesday 1 April 2015 13:26

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.

Disclaimer:
All rates subject to change without notice. Please check all rates and terms before investing or borrowing.
Search All Savings Accounts >>
 
 

Regular savings accounts explained

  • Specialist account to help get you into the savings habit
  • Can pay higher rates of interest than normal savings accounts
  • Usually committed to paying in at least £10 per month for a minimum number of payments
  • Can have harsh penalties if you need to make a withdrawal

Regular savings accounts are a great way to adjust yourself to the monthly discipline of putting money aside as savings. They help you to start off your savings pot and encourage you to keep up the monthly contributions by making big interest penalties if you miss a payment. They also try to curb the temptation to raid your savings too, by charging harsh penalties if you make a withdrawal.

WarningRegular savings accounts are designed to kick start your savings. Make sure you can commit to making the minimum monthly contribution, and that you won’t need access to your money during any initial term.

Penny Pig

Missed payment and withdrawal penalties are normally harsher with fixed rate regular savings accounts, but it is also these that tend to pay the best rates.

Normally you will need to make a minimum monthly deposit to the account (usually of at least £10, although this can vary depending on the account you choose). You are also limited to the maximum you can put in each month – typically to £250 or £500.

Regular savings accounts tend to offer higher rates of interest than are available on normal accounts. Fixed rate regular savers are particularly attractive as they can offer higher rates than on equivalent fixed rate bonds, while allowing you to make regular contributions (something that a normal fixed rate bond won’t allow).

What next?

Savings home
Search all regular savings accounts
Regular savings calculator

Savings guides

 

Savings Tools

Monthly Savings PlanMonthly Savings Plan
Find out what your regular savings plan could be worth.

Lump Sum InvestmentsLump Sum Investments
Use 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.

All savings accounts now beat inflation!
All savings accounts now beat inflation!

The latest official inflation figures, released this morning, show that the Consumer Prices Index (C... More

Savers get a boost in this year’s Budget
Savers get a boost in this year’s Budget

Yesterday’s Budget had plenty of surprises for savers, with a raft of measures aimed at offering mor... More

6 of the best notice savings accounts
6 of the best notice savings accounts

If you’re looking to secure the best rate on your savings, you generally have one of two options...... More

The future of savings
The future of savings

What does the future hold for the savings market? According to The Savings and Investments Policy pr... More

Where does your money go?
Where does your money go?

Seeing your paypacket go into your account is always going to raise your spirits, but by the end of ... More

Islamic Sharia’a compliant savings accounts
Islamic Sharia’a compliant savings accounts

Islamic savings accounts offer a Sharia’a-compliant way of saving for Muslims living in the UK, as w... More

Depositor protection schemes if a bank goes bust
Depositor protection schemes if a bank goes bust

Find out where your bank or building society is licenced, and what deposit protection guarantees you... More

Is now the time to fix your savings rate?
Is now the time to fix your savings rate?

With some forecasters predicting interest rate cuts by November 2012, we look at the pros and cons o... More

Easy access account pushes into top 10
Easy access account pushes into top 10

Leeds Building Society has relaunched its popular internet-operated easy access account, which has s... More

New easy access account launched
New easy access account launched

West Brom Building Society has launched a new variable easy access account, earning an ‘excellent’ r... More

3-yr fixed bond keeps a top-10 place
3-yr fixed bond keeps a top-10 place

Close Brothers Savings has made a slight reduction to its three-year fixed rate bond, but its compet... More

Shawbrook Bank keeps bonds in the top 10
Shawbrook Bank keeps bonds in the top 10

Shawbrook Bank has reduced the rates of selected fixed rate bonds. However, its three-year and five-... More

New fixed bonds climb into the charts
New fixed bonds climb into the charts

Secure Trust Bank has relaunched its five and seven-year fixed rate bonds, enabling them to soar bac... More