Save every month for the best interest rates
The best-paying savings accounts are usually regular savers, which are where you pay into them regularly, usually monthly, with rates currently as high as 8%. Here are the top-paying ones, split by those that require you to open a current account first and those that don’t. Sometimes you’ll find loyalty accounts, which are ones that require you to have been a customer with them for a period to open one up.
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Best regular savers that don’t require a current account
No current account required
Halifax Regular Saver
Customer rating
4.1/5
- AER (fixed)8%
- Minimum£25
- Maximum£250 per month
- Open toEveryone
- FSCS Protected? Yes
- Withdrawals allowed Only allowed with account closure
- Account closes After 12 months
- Maximum interest in one year £120
- Carry over unused allowance? No
- Auto-renews? No
- Requirements Money must reach the account by the 25th of the month
Monmouthshire Building Society Regular Savings Account
Customer rating
4.8/5
- AER (variable)6%
- Minimum£1
- Maximum£500 per month
- Open toEveryone
- FSCS Protected? Yes
- Maximum interest in one year £194.55
- Carry over unused allowance? No
- Withdrawals allowed? Allowed without penalty
- Interest paid At the end of the 12 month period
Skipton Building Society Regular Saver
Customer rating
4.4/5
- AER (variable)5.25%
- Minimum£1
- Maximum£200 per month
- Open toEveryone
- FSCS Protected? Yes
- Withdrawals allowed? No withdrawals allowed
- Account closes After 12 months
- Maximum interest in one year £68
- Auto-renews? No
- Rate details Rate tracks 1.5% above Bank of England Base Rate for 12 months
Best regular savers for existing customers
You need to already be a customer of these companies, usually before a set date. But that’ll often get you a better rate.
Open to existing customers
Skipton Building Society Existing Member Regular Saver
Customer rating
4.4/5
- AER5.75%
- Minimum£1
- Maximum£250 a month
- Open toExisting customers
Must have continuously held a Skipton mortgage or savings account, starting on or before 10/11/25
- FSCS Protected? Yes
- Withdrawals allowed? No withdrawals allowed
- Account closes After 12 months
- Maximum interest in one year £93
- Auto-renews? No
- Rate details Rate tracks 2% above Bank of England Base Rate for 12 months
- Eligibility Must have continuously held a Skipton mortgage or savings account, starting on or before 10/11/25
Best current account linked regular savers
Current account linked regular savers
Bank of Scotland Monthly Saver
Customer rating
3.4/5
- AER (fixed)8%
- Minimum£25
- Maximum£250 per month
- Open toCurrent account customers
Requires a Bank of Scotland current account
- FSCS Protected? Yes
- Withdrawals allowed? Allowed without penalty
- Account closes After 12 months
- Maximum interest in one year £120
Lloyds Bank Monthly Saver
Customer rating
4/5
- AER (fixed)8%
- Minimum£25
- Maximum£250 per month
- Open toCurrent account customers
Requires a Lloyds current account
- FSCS Protected? Yes
- Withdrawals allowed? Allowed without penalty
- Account closes After 12 months
- Maximum interest in one year £120
Santander Regular Saver
Customer rating
3.9/5
- AER (fixed)8%
- Minimum£1
- Maximum£200 per month
- Open toCurrent account customers
Requires a Santander current account
- FSCS Protected? Yes
- Account closes No - the rate will reduce to 3% after 12 months
- Maximum interest in one year £104
- Bonus Rate includes a variable bonus of 5% for the first 12 months
Zopa 6-month Regular Savings Account
Customer rating
4.9/5
- AER (variable)7.1%
- Minimum£1
- Maximum£300 per month
- Open toCurrent account customers
Requires Biscuit current account
- FSCS Protected? Yes
- Account closes No
- Maximum interest in 6 months £37
- Carry over unused allowance? No
- Auto-renews? Yes
- Withdrawals allowed? You can make withdrawals whenever you want, and you can replace the money back into the account up to a maximum of £300 in each month. So if you withdraw £600, you can only put £300 back in.
first direct Regular Savings Account
Customer rating
4.7/5
- AER (fixed)7%
- Minimum£1
- Maximum£300 per month
- Open toCurrent account customers
Requires First Direct current account.
- FSCS Protected? Yes
- Account closes After 12 months
- Maximum interest in one year £135
- Carry over unused allowance? Yes
- Auto-renews? No
- Withdrawals allowed? Any withdrawal closes the account and reduces the interest paid
The Co-operative Bank Regular Savings Account
Customer rating
3.6/5
- AER (fixed)7%
- Minimum£1
- Maximum£250 per month
- Open toCurrent account customers
Requires a Co-op Bank current account
- FSCS Protected? Yes
- Account closes After 12 months
- Maximum interest in one year £114
- Carry over unused allowance? No
- Auto-renews? No
- Withdrawals allowed? Withdraw as you wish
Nationwide Regular Savings Account
Customer rating
4.5/5
- AER (variable)6.5%
- Minimum£0
- Maximum£200 per month
- Open toCurrent account customers
Requires a Nationwide current account
- FSCS Protected? Yes
- Withdrawals allowed? You'll get a lower rate of 1.75% paid for rest of term if four or more withdrawals are made
- Account closes After 12 months it reverts to an instant saver account
- Maximum interest in one year £84
- Carry over unused allowance? No
NatWest Digital Regular Saver
Customer rating
4.7/5
- AER (variable)5.25%
- Minimum£1
- Maximum£150 per month
- Open toCurrent account customers
Rate dropping to 5.25% on 19 January 2026. Requires a NatWest current account
- FSCS Protected? Yes
- Withdrawals allowed? Allowed without penalty
- Account closes No
- Maximum interest in one year £54
- Important details You only earn this rate on the first. £5,000 in the account, then 1.1% on any amount over £5,000
RBS Digital Regular Saver
Customer rating
3.9/5
- AER (variable)5.25%
- Minimum£1
- Maximum£150 per month
- Open toCurrent account customers
Rate dropping to 5.25% on 19 January 2026.. Requires an RBS current account
- FSCS Protected? Yes
- Withdrawals allowed? Allowed without penalty
- Account closes No
- Maximum interest in one year £54
- Important details You only earn this rate on the first. £5,000 in the account, then 1.1% on any amount over £5,000
TSB Monthly Saver Account
Customer rating
3.5/5
- AER (fixed)5%
- Minimum£25
- Maximum£250 per month
- Open toCurrent account customers
Requires a TSB current account
- FSCS Protected? Yes
- Withdrawals allowed? Allowed without penalty
- Account closes After 12 months
- Maximum interest in one year £71
HSBC Regular Savings Account
Customer rating
3.8/5
- AER (fixed)5%
- Minimum£25
- Maximum£250 per month
- Open toCurrent account customers
Requires an HSBC current account
- FSCS Protected? Yes
- Withdrawals allowed? Not allowed
- Account closes After 12 months
- Maximum interest in one year £81
- Carry over unused allowance? Yes - you can pay up to £3,000 into the account in total
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Featured investing offer
Customer rating
3.8/5
- Offerfree £50 in fractional shares*
- Annual fee£0
- Investment stylesShares, funds or ready-made portfolios
- Minimum deposit$50
Invest in a general investment account or stocks and shares ISA (additional fees apply)
- FSCS Protected? Yes
- Interest on uninvested cash 3% on balances up to $50,000, 3.8% on balances over this
- Fractional shares Yes
- Foreign exchange fee 0.7%
- Fund fees If you invest in funds, you'll have to pay fund fees, which cost on average ~0.16% per year, with additional market-spread effects up to 0.05%
- Offer You need to sign up, verify your account and deposit at least £200 to get the free assets. ISA deposits aren't included in the £200 requirement to get the offer.
- Authorised and regulated by the Financial Conduct Authority Yes, FRN 583263
- Risk warning The value of your investments may go up or down. Your capital is at risk. ISA powered by Moneyfarm. ISA rules apply. UK residents only.
- Accounts available General investment account, stocks and shares ISA (additional fees apply)
What is a regular or monthly savings account?
These “Regular” or monthly saver accounts work differently to normal saving accounts.
For a start, there’s a limit to how much you can save each month, and the interest is calculated on the balance each month. With most, after 12 months the interest is paid and your saver (usually) closed. But you can then open up another and begin again.
These are ideal if you only have a certain amount of money to put aside each month, or to move money every month from a lower-paying easy access account. Here’s Andy’s full guide to how they work.
You can usually only open the top accounts if you have or open a current account with these banks, but that’s no reason to put you off. Look out for bank switching deals for some of these.
Other savings accounts
Head over to our daily updated best buy guide to all savings accounts to find the best rates in easy access, ISAs, fixed rate bonds and more.
Yorkshire Building Society regular saver (as accessed through your link above) is now 5.25% pa, not 5.45% pa as you state.
My Natwest regular saver will mature in two months at which time the annual interest on the full amount invested of over £1800 will earn at least £112 in interest the following year even if I do not make any further monthly payments. The update above says the maximum interest is £60 but this limit only applies to the first year as that is the maximum you can earn in that year.
It says “Max interest in one year, £60”
The NatWest/RBS Digital Regular Saver is a bit different from a typical regular saver account. Presumably this website used a fairly basic calculation based on the assumption that these accounts will only be open for 1 year
Yes, I’ve learnt £72.25 in 4 months on this account so the review is incorrect
For Building Societies that want an existing customer history before allowing access to their higher savings rate “Loyalty” Regular Savings accounts.
It is worth your while setting up a minimum amount i.e. £5 into this years Regular Saving account to enable entry into the following years much higher Premium Regular Savings accounts.
You will still be able to retrieve your minimal savings in the 1st year with minimal earnings, but with the added benefit of entry into the Premium Regular Saver accounts for subsequent years, it just takes a bit of foresight and organisation.
My email esaver Account only pays 2% which is the same as when I opened it a year ago.
At 83 I wasn’t aware that the interest would be 2% for a year. I have been with Santander for years because they give money to my account when paying water and electric charges etc.
What’s my Best option now please
Alfie
Depend where you live in area. Nationwide is best option. I do have Santander has low interest isn’t great.
You have to keep an eye out for updates from Be clever with your cash. There have been two easy access saving accounts with Santander one I still have is 3.98% and they had another up until the 17 Sept ’23 for 5.20% which I also have. You could have opened both online from your account. They are not offering much now so it is best to check out what else is on offer. Easy Access means there is no real restrictions on your account other than you do not get a bank card to go shopping with…