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Highest‑Interest Regular Savings Accounts UK 2026
Regular savings accounts reward you for building a savings habit by paying a high interest rate on monthly deposits. Unlike lump‑sum accounts, you commit to saving a fixed amount each month (usually £25–£300). This guide compares the best regular saver accounts available in the UK for 2026, helping you earn the highest possible return on your monthly savings.
What Is a Regular Savings Account?
A regular savings account (often called a regular saver) is designed for people who want to save a set amount every month. You’re required to make a monthly deposit (often between £25 and £300) and you cannot withdraw money during the term (usually 12 months) without losing the high rate. In return, you receive a significantly higher interest rate than standard easy‑access accounts.
Key features of regular savers:
- High introductory rate – often 5–7.5% AER for the first 12 months.
- Monthly deposit requirement – you must pay in a fixed amount each month.
- Limited withdrawals – if you withdraw, you may lose the bonus rate or be penalised.
- Short term – most regular savers run for 12 months, after which the balance is transferred to a lower‑rate account.
Top 5 Best Regular Savings Accounts for 2026
Here are the leading regular saver accounts currently available to UK savers. We’ve compared rates, monthly deposit limits, term length, and withdrawal restrictions.
1. First Direct Regular Saver – Best Overall
Key features:
- Rate: 7.00% AER (fixed for 12 months)
- Monthly deposit limit: £25–£300
- Term: 12 months
- Maximum balance: £3,600 (12 × £300)
- Withdrawals allowed: No (cancels account)
Why it stands out: First Direct’s Regular Saver pays a market‑leading 7% AER and is available to both new and existing customers. You can set up a standing order and forget about it, knowing you’re earning a top‑tier rate.
[AFFILIATE LINK]
Pros:
- Highest rate on the market (7%)
- No minimum monthly deposit
- Easy online management
Cons:
- Must have a First Direct current account
- No withdrawals allowed
2. Nationwide Flex Regular Saver – Best for Flexibility
Key features:
- Rate: 6.50% AER (fixed for 12 months)
- Monthly deposit limit: £1–£200
- Term: 12 months
- Maximum balance: £2,400
- Withdrawals allowed: Yes (but you lose the high rate on withdrawn amount)
Why it stands out: Nationwide’s Flex Regular Saver allows you to withdraw money when you need it (though you’ll lose the high rate on the withdrawn amount). It’s a great option if you want a high rate but still need occasional access.
[AFFILIATE LINK]
Pros:
- Some withdrawal flexibility
- Low minimum deposit (£1)
- Available to existing Nationwide members
Cons:
- Rate drops on withdrawn funds
- Maximum £200 per month
3. HSBC Regular Saver – Best for Higher Deposits
Key features:
- Rate: 5.00% AER (fixed for 12 months)
- Monthly deposit limit: £25–£250
- Term: 12 months
- Maximum balance: £3,000
- Withdrawals allowed: No
Why it stands out: HSBC’s Regular Saver is open to both new and existing customers and offers a competitive 5% AER. It’s a solid choice if you can commit to saving up to £250 a month.
[AFFILIATE LINK]
Pros:
- Good rate (5%)
- No need to switch current account
- Trusted high‑street brand
Cons:
- Lower rate than some competitors
- No withdrawals allowed
4. Santander Regular Saver – Best for Easy Access
Key features:
- Rate: 5.50% AER (fixed for 12 months)
- Monthly deposit limit: £20–£200
- Term: 12 months
- Maximum balance: £2,400
- Withdrawals allowed: Yes (with penalty)
Why it stands out: Santander’s Regular Saver is easy to open online and comes with the option to withdraw in an emergency (though you’ll lose interest on the withdrawn amount). The 5.5% rate is very competitive.
[AFFILIATE LINK]
Pros:
- Competitive rate
- Some withdrawal flexibility
- Simple online application
Cons:
- Must have a Santander current account
- Lower maximum deposit than others
5. MoneySuperMarket – Best for Comparison
Key features:
- Rate: Up to 7.50% AER (includes bonus)
- Monthly deposit limit: Varies by provider
- Term: Usually 12 months
- Maximum balance: Varies
- Withdrawals allowed: Varies
Why it stands out: MoneySuperMarket’s “Best Regular Savings Accounts” page aggregates rates from dozens of providers and updates them hourly. You can filter by monthly deposit, rate, and provider type, making it the quickest way to find the best regular saver for your needs.
[AFFILIATE LINK]
Pros:
- Live rate updates
- Wide choice of providers
- Clear comparison table
Cons:
- Some rates include short‑term bonuses
- Not all providers listed
How to Choose the Right Regular Saver
Consider these factors before opening a regular savings account:
- Interest rate – Look for the highest AER, but check whether it includes a temporary bonus that will drop after 12 months.
- Monthly deposit limit – Choose an account that matches what you can afford to save each month (£25–£300).
- Withdrawal flexibility – If you might need access, pick an account that allows withdrawals (even with a penalty).
- Term length – Most regular savers run for 12 months; after that, your balance will be moved to a lower‑rate account.
- Provider requirements – Some regular savers require you to have a current account with the same bank.
Tip: Set up a standing order on payday so you never miss a deposit. Missing a payment can void the high rate.
How to Open a Regular Savings Account
- Compare rates using a comparison site like MoneySuperMarket or Moneyfacts.
- Check eligibility – ensure you meet any current‑account or residency requirements.
- Click the “Apply” link (or use our [AFFILIATE LINK] placeholders) to go to the provider’s application page.
- Fill in your details – you’ll need your personal information, bank details for the standing order, and possibly your existing account number.
- Set up a standing order – arrange for the monthly amount to be transferred automatically.
- Monitor your account – log in occasionally to check your balance and interest earned.
Frequently Asked Questions
Q: Can I miss a monthly payment? A: Most providers will cancel the high rate if you miss a payment. Some allow one missed payment per year; check the terms.
Q: What happens after 12 months? A: Your balance is usually transferred to a low‑interest easy‑access account. You should then open a new regular saver (if available) or move your money elsewhere.
Q: Are regular savings accounts worth it? A: Yes – they offer the highest short‑term rates on the market. If you can commit to saving a fixed amount each month, you’ll earn far more than with an easy‑access account.
Q: Can I have more than one regular saver? A: Yes, you can open multiple regular savers with different providers, as long as you meet each account’s eligibility criteria.
Conclusion
Regular savings accounts are the best way to earn a high return on monthly savings. The top accounts for 2026 offer rates between 5% and 7.5% AER, with flexible deposit limits and the security of FSCS protection.
Next steps: Use the comparison tables above to find the best regular saver for your monthly budget, then click through to apply. Remember to set up a standing order so you never miss a deposit.
Disclosure: This article contains affiliate links. If you click a link and make a purchase, we may receive a commission at no extra cost to you. Our opinions are our own.
Risk warning: Regular savings accounts require a monthly deposit and restrict withdrawals. Missing a payment may cause you to lose the high interest rate. Your capital is protected up to £85,000 per person, per bank under the Financial Services Compensation Scheme (FSCS). Always read the terms before opening an account.
Regulatory disclaimer: Card Punch is not a regulated financial adviser. This content is for general information only and should not be taken as personal financial advice. Always consult a qualified professional before making financial decisions. Authorised by the Financial Conduct Authority (FCA).
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