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 1520 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...  


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
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...  


Regular Saver 300
3.00%
Variable 3 Year Bond £25
  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. Yes
  4. No
Details...  


Regular Savings
2.25%
Variable Instant £25
  1. No
  2. Yes
  3. Yes
  4. No
Details...  
Compare
Last Updated: Thursday 30 October 2014 14:28

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.

Top savings accounts to meet your goals
Top savings accounts to meet your goals

We all know the importance of saving. Whether it’s saving for a rainy day, for life’s emergencies, f... More

Will you benefit from the Pensioner Bond?
Will you benefit from the Pensioner Bond?

The Pensioner Bond will be at the forefront of a lot of retirees’ minds at the moment, many of whom ... More

Do you have a spare £500/month?
Do you have a spare £500/month?

According to research from Lloyds Bank, the average Brit has around £500 per month in spare cash – a... More

6 of the best monthly interest savings accounts
6 of the best monthly interest savings accounts

Monthly interest savings accounts, as their name suggests, pay interest on your savings each month (... More

Savings levels fall as women feel the pinch
Savings levels fall as women feel the pinch

Savings levels have dropped over the summer months, bringing the steady rise seen over the last year... 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

Popular 90-day notice account relaunched
Popular 90-day notice account relaunched

Julian Hodge Bank has relaunched its popular 90-notice account with a slightly reduced rate. However... More

Aldermore boosts fixed rate accounts
Aldermore boosts fixed rate accounts

Aldermore has increased the interest paid on selected fixed rate deals by up to 0.35%, pushing its t... More

UTB’s 3-yr bond stays in the top 10
UTB’s 3-yr bond stays in the top 10

United Trust Bank has reviewed its fixed rate deals and made some marginal reductions. However, its ... More

Saffron BS unveils new step bonds and NISAs
Saffron BS unveils new step bonds and NISAs

Saffron Building Society has launched a range of brand new accounts that come in a ‘step’ format; gi... More

18-month bond holds onto chart position
18-month bond holds onto chart position

Bank of Cyprus UK has made slight rate reductions to its fixed rate bonds and flexibond, but the 18-... More