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 1736 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%
Fixed 1 Year Bond £1
  1. Yes
  2. Yes
  3. No
  4. No
Details...  

2.30%
Variable 30.09.18 £50
  1. Yes
  2. Yes
  3. Yes
  4. No
Details...  

2.25%
Variable 31.10.18 £1
  1. No
  2. Yes
  3. Yes
  4. No
Details...  

2.25%
Fixed 20.10.18 £1
  1. Yes
  2. No
  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...  

2.00%
Fixed 12 Month Bond £25
  1. Yes
  2. Yes
  3. No
  4. Yes
Details...  
Compare
Last Updated: Saturday 21 October 2017 00:07

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

 
 
 
Long-term bond rate hits 15-month high
Long-term bond rate hits 15-month high

Savings rates have been showing signs of improvement recently, and happily we’ve got even more good ... More

Top inflation-beating savings accounts
Top inflation-beating savings accounts

Inflation has hit 3%, which means it’s all but impossible to secure a meaningful return from your sa... More

Inflation hits 3% - is a base rate rise imminent?
Inflation hits 3% - is a base rate rise imminent?

Inflation ramped up yet again last month, with the measure of CPI rising to 3% in September, its hig... More

Number of savings accounts hits five-year high
Number of savings accounts hits five-year high

The savings market has been enjoying a revival recently, with both fixed and variable rates edging u... More

6 of the best short-term bonds
6 of the best short-term bonds

Looking for a bit of extra security when it comes to your cash, but don't want a long-term commitmen... 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

Ikano Bank’s fixed bond rates compete
Ikano Bank’s fixed bond rates compete

Ikano Bank has increased rates on selected savings accounts by up to 0.16%, with its two and three-y... More

Vanquis Bank increases fixed bond rates
Vanquis Bank increases fixed bond rates

Vanquis Bank Savings has increased rates on selected savings accounts by up to 0.25%, which sees its... More

Cyprus’ no. 1 easy access account
Cyprus’ no. 1 easy access account

Bank of Cyprus has increased the rate on its easy access account by 0.08%, which sees it sit proudly... More

Ford improves Flexible Saver
Ford improves Flexible Saver

Ford Money has increased the rate on its easy access savings account by 0.05%, which sees it move up... More

Top easy access and notice accounts
Top easy access and notice accounts

Kent Reliance has increased rates by up to 0.15%, which sees its easy access and notice accounts bec... More

Close