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 1594 accounts
 


Special Regular Saver
5.00%
Fixed 31.08.15 £10
  1. No
  2. Yes
  3. No
  4. No
Details...  


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...  


Branch Regular Saver
3.50%
Variable 12 Month Bond £100
  1. No
  2. Yes
  3. No
  4. No
Details...  


Fixed Rate Regular Saver Issue 3
3.30%
Fixed 1 Year Bond £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...  


Platinum Monthly Saver Issue 11
3.00%
Variable Instant £100
  1. No
  2. Yes
  3. No
  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. Yes
  4. No
Details...  


Regular Savings
2.25%
Variable Instant £25
  1. No
  2. Yes
  3. Yes
  4. No
Details...  
Compare
Last Updated: Sunday 21 September 2014 09:04

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

Advertisements:

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.

223 savings accounts now beat inflation
223 savings accounts now beat inflation

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

Spend or save?
Spend or save?

If you were lucky enough to get an unexpected cash windfall, would you save it or spend it? Well, if... More

6 of the best three-year fixed rate bonds
6 of the best three-year fixed rate bonds

Fixed rate bonds are the best, and often only, way to secure a decent return from your money. Thanks... More

Savers leave it late to boost pot
Savers leave it late to boost pot

We’re constantly being reminded of the importance of building up retirement savings from as early as... More

170 savings accounts now beat inflation
170 savings accounts now beat inflation

The latest official inflation figures show that the Consumer Prices Index (CPI) fell to 1.6% in July... 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

Savings accounts for over 50s
Savings accounts for over 50s

Savings accounts for the over 50s can offer a better rate, but not always. Make sure you always comp... More

6-month Sapphire Account holds onto chart place
6-month Sapphire Account holds onto chart place

A saving review from Raphaels Bank has led to a slight reduction in rates, but the six-month notice ... More

2-year bond from United Trust Bank stays in top 10
2-year bond from United Trust Bank stays in top 10

United Trust Bank has reviewed its savings portfolio and, despite slight reduction in rate, the two-... More

West Brom BS launches new saving account
West Brom BS launches new saving account

West Brom Building Society has unveiled a brand new no notice saving account, which has stormed stra... More

New Nottingham BS bond secures top 10 place
New Nottingham BS bond secures top 10 place

Nottingham Building Society has added a new 14-month bond to its savings offerings and has grabbed a... More

Post Office revamps its saving offerings
Post Office revamps its saving offerings

The Post Office has refreshed its saving bonds portfolio by increasing some rates by up to 0.20%. Th... More