Best regular savings accounts – get up to 7.5%

The top regular savings accounts pay as much as 7.5%. If you’re looking to stash small amounts away each month, we list the accounts worth looking at

Young woman with regular savings in piggy bank
(Image credit: Getty Images)
Disclaimer

All the banks we mention are protected by the Financial Services Compensation Scheme (FSCS), meaning up to £85,000 of your savings are protected should a bank go bust.

Cash savers looking for the best rates on their savings could be in for a treat as banks are returning as much as 7.5% on their regular savings accounts.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Principality Building Society Regular Saver– 7.5% AER

Principality Building Society Regular Saver– 7.5% AER

What's the deal?

This regular saver is returning 7.5%. It requires you to fix your cash for six months, and you can pay in up to £200 a month. You need to keep £1 in the account to keep it open.

Eligibility

You're not permitted to withdraw money in the six-month term, and you can only save up to £1,200 in the fixed period. Plus, if you want to close your account early, you can without a penalty – and any interest earned will be added to your account balance.

Oojal Dhanjal
Editorial Content Producer

Oojal has a background in consumer journalism and is interested in helping people make the most of their money.Oojal has an MA in international journalism from Cardiff University, and before joining MoneyWeek, she worked for Look After My Bills, a personal finance website, where she covered guides on household bills and money-saving deals.Her bylines can be found on Newsquest, Voice Wales, DIVA and Sony Music, and she has explored subjects ranging from politics and LGBTQIA+ issues to food and entertainment.Outside of work, Oojal enjoys travelling, going to the movies and learning Spanish with a little green owl.