Regular Savings Accounts - Best Savings Rates | moneyfacts.co.uk

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 1567 accounts
 

3.50%
Fixed 12 Month Bond £10
  1. No
  2. Yes
  3. Yes
  4. No
Details...  

3.00%
Variable 1 Year Bond £25
  1. No
  2. Yes
  3. No
  4. No
Details...  

2.50%
Variable 1 Year Bond £1
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

2.50%
Variable 30.06.18 £10
  1. No
  2. Yes
  3. No
  4. No
Details...  

2.25%
Fixed 20.04.18 £1
  1. Yes
  2. No
  3. No
  4. No
Details...  

2.25%
Fixed 20.03.18 £1
  1. Yes
  2. No
  3. No
  4. No
Details...  

2.00%
Variable 1 Year Bond £1
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

2.00%
Fixed 12 Month Bond £10
  1. No
  2. Yes
  3. No
  4. No
Details...  

2.00%
Variable 1 Year Bond £10
  1. No
  2. Yes
  3. Yes
  4. No
Details...  

2.00%
Fixed 1 Year Bond £20
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  
Compare
Last Updated: Thursday 23 March 2017 19:26

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.

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per person per institution.

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

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

 
 
Savers get a better deal from building societies
Savers get a better deal from building societies

Following the news that inflation has risen to a 41-month high, it's more important than ever to mak... More

Only one savings account can beat inflation
Only one savings account can beat inflation

Inflation soared to 2.3% in February, which has had a devastating impact on savings returns - only o... More

Pocket money on the up (so find the right account)
Pocket money on the up (so find the right account)

It seems that the amount of pocket money children are getting is on the rise, with research showing ... More

6 of the best easy access savings accounts
6 of the best easy access savings accounts

Easy-access savings accounts are as simple as they sound – they allow you to access your money whene... More

20% have no savings – don’t be one of them!
20% have no savings – don’t be one of them!

Having sufficient savings can be key to financial security, and making sure you’ve got a suitable em... More

Sharia’a compliant savings accounts
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

Paragon’s market-leading notice account
Paragon’s market-leading notice account

Paragon Bank has entered the Best Buys with improved rates on its 120-day notice account and one-yea... More

OakNorth’s Excellent bonds
OakNorth’s Excellent bonds

OakNorth Bank has amended the rates on selected fixed term deposits by up to 0.20%, which has seen t... More

Best Buy bonds hold top-6 position
Best Buy bonds hold top-6 position

United Trust Bank may have reduced rates on a selection of fixed bonds by 0.15%, but despite this, b... More

Ikano Bank’s Excellent bonds
Ikano Bank’s Excellent bonds

Ikano Bank has increased the rates on selected fixed bonds by up to 0.15%, which has seen its one, t... More

Zenith’s bonds enter charts
Zenith’s bonds enter charts

Zenith Bank UK has increased the rates on selected fixed term bonds by up to 0.12%, which sees its t... More

Close