The best regular savings accounts – earn up to 7.5%

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, and whether you need to be an existing customer with the bank or not to get them.

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Wording that says 'the best regular savings accounts' with the Be clever with your cash logo on an orange background.

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.

Best regular savers

Requires current account

Zopa
AER (variable)
7.10%
Minimum
£1
Maximum
£300 per month
Requires Biscuit by Zopa current account
More details ▼
Additional Info

FSCS Protected: Yes

Account closes: After 12 months

Maximum interest in one year: £137

Carry over unused allowance?: No

Auto-renews?: No

Withdrawals: 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.

Requirements

Must have a Biscuit by Zopa current account

First Direct
AER (fixed)
7.00%
Minimum
£1
Maximum
£300 per month
Requires First Direct current account.
More details ▼
Additional Info

FSCS Protected: Yes

Account closes: After 12 months

Maximum interest in one year: £135

Carry over unused allowance?: Yes

Auto-renews?: No

Withdrawals: Any withdrawal closes the account and reduces the interest paid

Requirements

Must have a First Direct current account

Co-operative Bank
AER (variable)
7.00%
Minimum
£1
Maximum
£250 per month
Requires a Co-op Bank current account
More details ▼
Additional Info

FSCS Protected: Yes

Account closes: After 12 months

Maximum interest in one year: £114

Carry over unused allowance?: No

Auto-renews?: No

Withdrawals: Withdraw as you wish

Requirements

Must have a Co-operative current account

Monmouthshire Building Society App Exclusive Regular Saver
AER (variable)
7%
Minimum
£50
Maximum
£1,000 per month
More details ▼
Additional Info

FSCS Protected: Yes

Maximum interest in one year: £194.55

Carry over unused allowance?: No

Withdrawals: Allowed without penalty

Details: There's also a branch exclusive version of this account

Requirements

You need to open the account via the mobile app to get this rate

You must have been an existing Monmouthshire Building Society customer before 20 August 2025 to open this account

Virgin Money Regular Saver Exclusive
AER (fixed)
6.50%
Minimum
£0
Maximum
£250 per month
Requires a Virgin Money current account
More details ▼
Additional Info

FSCS Protected: Yes

Details: Fixed until 28 August 2026 when it'll revert to a standard savings account

Account closes: 28 August 2026

Maximum interest in one year: £105

Carry over unused allowance?: No

Withdrawals: Allowed

Requirements

Must have a Virgin Money current account

Exclusions

You can only have one Regular Saver Exclusive at a time

Nationwide Building Society
AER (variable)
6.50%
Minimum
£0
Maximum
£200 per month
Requires a Nationwide current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: 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

Requirements

Must have a Nationwide current account

Club Lloyds
AER (variable)
6.25%
Minimum
£25
Maximum
£400 per month
Requires a Lloyds current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed, but money can't be replaced beyond that month's allowance

Account closes: After 12 months

Maximum interest in one year: £161

Carry over unused allowance?: No

Requirements

Must have a Club Lloyds current account

Money must reach the account by the 25 of the month

NatWest Digital Regular Saver
AER (variable)
5.50%
Minimum
£1
Maximum
£150 per month
Requires a NatWest current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: No

Maximum interest in one year: £54

Details: You only earn this rate on the first. £5,000 in the account, then 1.1% on any amount over £5,000

Requirements

Must have a NatWest current account

Royal Bank of Scotland Digital Regular Saver
AER (variable)
5.50%
Minimum
£1
Maximum
£150 per month
Requires an RBS current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: No

Maximum interest in one year: £54

Details: You only earn this rate on the first. £5,000 in the account, then 1.1% on any amount over £5,000

Requirements

Must have an RBS current account

Bank of Scotland Monthly Saver
AER (fixed)
5.50%
Minimum
£25
Maximum
£250 per month
Requires a Bank of Scotland current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £83

Requirements

Must have a Bank of Scotland current account

Lloyds Monthly Saver
AER (fixed)
5.25%
Minimum
£25
Maximum
£250 per month
Requires a Lloyds current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £79

Requirements

Must have a Lloyds current account

TSB Monthly Saver Account
AER (fixed)
5.00%
Minimum
£25
Maximum
£250 per month
Requires a TSB current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £71

Requirements

Must have a TSB current account

Santander Regular Saver
AER (fixed)
5.00%
Minimum
£1
Maximum
£200 per month
Requires a Santander current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: No - it will renew at the new rate if you continue to pay money in after 12 months

Maximum interest in one year: £65

Requirements

Must have a Santander current account

HSBC Regular Savings Account
AER (fixed)
5.00%
Minimum
£25
Maximum
£250 per month
Requires an HSBC current account
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: 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

Requirements

Must have an HSBC current account

Open to all

6-months only
Principality Building Society
AER (fixed)
7.50%
Minimum
£0
Maximum
£200 per month
More details ▼
Additional Info

FSCS Protected: Yes

Account closes: After 6 months. You can close your account before the six months ends. Any interest you’ve earned will be added to the account balance and paid to you.

Maximum interest in 6 months: £25.81

Carry over unused allowance?: No

Auto-renews?: No

Withdrawals: None allowed

Monmouthshire Building Society
AER (variable)
6%
Minimum
£1
Maximum
£500 per month
More details ▼
Additional Info

FSCS Protected: Yes

Maximum interest in one year: £194.55

Carry over unused allowance?: No

Withdrawals: Allowed without penalty

Interest paid: At the end of the 12 month period

Halifax Regular Saver
AER (fixed)
5.50%
Minimum
£25
Maximum
£250 per month
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Only allowed with account closure

Account closes: After 12 months

Maximum interest in one year: £89

Carry over unused allowance?: No

Auto-renews?: Yes

Requirements

Money must reach the account by the 25 of the month

Skipton Building Society Regular Saver
AER (variable)
5.50%
Minimum
£1
Maximum
£200 per month
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £71

Carry over unused allowance?: Yes

Auto-renews?: No

Details: Rate tracks 1.5% above Bank of England Base Rate for 12 months

Progressive Building Society Online Regular Rainy Day Saver Account
AER (variable)
5.50%
Minimum
£1
Maximum
£300 per month
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £108

Carry over unused allowance?: No

Auto-renews?: No

Details: Rate tracks 1.5% above Bank of England Base Rate for 12 months

Newcastle Building Society Regular Saver
AER (variable)
5.25%
Minimum
£1
Maximum
£200 per month
More details ▼
Additional Info

FSCS Protected: Yes

Withdrawals: Allowed without penalty

Account closes: After 12 months

Maximum interest in one year: £68

Carry over unused allowance?: No

Auto-renews?: No

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.

9 thoughts on “The best regular savings accounts – earn up to 7.5%

  1. Yorkshire Building Society regular saver (as accessed through your link above) is now 5.25% pa, not 5.45% pa as you state.

  2. 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.

    1. It says “Max interest in one year, £60”

    2. 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

      1. Yes, I’ve learnt £72.25 in 4 months on this account so the review is incorrect

  3. 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.

  4. ALFRED ROBINSON June 1, 2023 at 3:33 pm

    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

    1. Depend where you live in area. Nationwide is best option. I do have Santander has low interest isn’t great.

    2. 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…

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