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Regular saver accounts

Regular saver accounts are a great way to build up a nice pot of money for your savings goals. By paying in a certain amount every month, you can earn interest as your balance grows. Even saving a small amount once a month can add up over time and help pay towards that car or holiday you’re planning.

The best regular saver account for you will depend on how much you want to put away every month and whether you want the flexibility to make withdrawals. Most regular saver accounts have a minimum and maximum amount you can save, and sometimes there’s limits on how often you can withdraw your money. To find the right regular saver account for you, it’s worth comparing options and the different features available.

See our regular saver accounts

Working towards a savings goal

Whether you are saving up for something special or just building up some cash for that ‘rainy day’, setting yourself a savings goal can really help you reach your target faster.

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Need additional support?

Let us know if you need any additional support when managing your money and we will do what we can to help.

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Regular Savers

  Minimum to open Annual Interest Rate Bonus Withdrawal Conditions Account Access  
Fixed Rate Regular Saver (Issue 8) £1 5.00% AER
5.00% Gross i

Interest Tier Bonus Annual Monthly
AER Gross AER Gross
Up to £200 per calendar month (opening balance £1) 5.00% 5.00% N/A N/A

Interest is fixed and paid into the account on the anniversary of the account opening. Interest can be added to the account, added to another account you have with us, or paid into an account with another bank or building society. Monthly interest isn’t available.

No You can’t make any withdrawals from your Fixed Rate Regular Saver (Issue 8) until the end of the fixed term. This includes closing the account or moving your money to another savings account with us. Fixed Rate Regular Saver (Issue 8)
Access Regular Saver £20 up to 2.10% AER
2.10% Gross i

Interest Tier Bonus Annual Monthly
AER Gross AER Gross
£20 - £2,000 per month 2.10% 2.10% N/A N/A
If more than two monthly payments are missed 1.40% 1.40% N/A N/A

No You can take money out at any time, and you can miss two monthly payments each account year. Access Regular Saver

Your savings are protected

Your eligible deposits are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

Find out more

Protecting your money

Savings toolkit

Savings calculator

Savings calculator

Crunch the numbers and see how much you could save over time.

Savings calculator
Making the most of your ISA

Savings guides

Take a moment and brush up on all things savings.

Savings guides
ISAs help

Help and support

Visit the help centre to get support with your savings account.

Help centre

Is a regular saver account right for you?

Could be right if:
  • You want to put money aside every month.
  • You want to start small and grow your savings over time.
  • You're working towards a goal, like a holiday or wedding fund.
  • You prefer a structured way to build your savings.
Might not be right if:
  • You have a lump sum you're looking to put into savings.
  • You want to save more than the monthly limit.
  • You'd prefer more flexibility on when you can put money in and take it out.


Our regular saver accounts

Common questions

Regular savings accounts are a great way to save little and often. They allow you to pay in a certain amount each month and build up a nice savings pot over time.

With a regular savings account, there’s usually a minimum and maximum amount you can put away, and sometimes there’s limits on how often you can withdraw your money.

Yes, you can generally open multiple regular savings accounts, unless the terms and conditions of the account say different. Sometimes, you’re not able to open more than one of the same account.

Regular savings accounts are perfect if you’re looking to put aside a bit of money each month and save up for certain goal. Whether that’s a car, holiday or a wedding, they encourage a good and regular savings habit to help get you there.

As each regular savings account has different rules and features, it’s worth comparing your options to find the right one for you.

Each regular savings account can work differently. Some are for a fixed period (a year for example), meaning you can’t take your money out until the fixed term ends. Others allow you to take your money out at any time – although some apply a penalty for doing so.

Most regular savings account pay interest annually, either on a fixed date or on the anniversary of the account opening. Before opening an account, you should read the product details to check how interest is paid.

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Chat to our friendly Customer Service team today.

0345 241 3785

schedule 8:30am to 6pm Monday to Friday
schedule 8:30am to 12:30pm on Saturday

You can also pop in to your local branch or book an appointment.