Best regular savings accounts – get up to 7.5%

Cash savers looking for the best regular savings accounts could access rates of up to 7.5%.

Regular savers, though they typically come with higher interest rates compared to other savings accounts, can also have more restrictions, such as how much you can deposit and access to withdrawals.

On top of that, you'll need to be an existing current account customer to take advantage – but that's not the case for all of the banks and building societies.

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We round up the top regular savings accounts to help you pick one that suits your needs. If you're looking for the best easy access savings accounts and fixed-term savings accounts, we explore them in separate guides.

Meanwhile, if you want to make the most of your tax-free savings, the best cash ISAs can help you grow your money.

The best regular savings accounts

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.

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Zopa Regular Saver – 7.1% AER

What’s the deal?

Zopa has launched a current account called Biscuit, and customers can unlock an attractive savings rate of 7.1% if they deposit up to £300 per month. Current account holders can also earn 2% on all balances and 2% cashback on direct debit bills worth up to £1,500 per year. Plus, there are no fees on overseas spending.

Eligibility

You will need to open Zopa’s Biscuit current account to access the exclusive regular saver rate of 7.1%. The account can be opened by downloading the Zopa Bank app.

We explore whether the Zopa Regular Saver is worth getting.

First Direct Regular Saver – 7% AER

What’s the deal?

First Direct pays 7% if you deposit between £25 and £300 per month into the account.

Eligibility

To benefit from the 7% rate, you must be a First Direct current account holder. The rate will only be available for 12 months, after which it may drop.

Progressive BS Online Regular Rainy Day Saver Account – 7% AER

What’s the deal?

The building society’s variable saver is returning 7% on your cash, provided you deposit between £1 and £300 per calendar month. You can make unlimited withdrawals – one per day. The account can be opened and managed online. Interest is paid at maturity.

Eligibility

No joint accounts permitted.

The Co-operative Bank Regular Saver – 7% AER

What’s the deal?

The Co-operative Bank is offering a rate of 7% AER. The account will mature after one year, but the rate is variable, which means it could change throughout this period. You can save up to £250 a month. You have the freedom to withdraw money when you like.

Eligibility

This account can be opened either online or in branch. Read more about whether the Co-op regular saver is worth it.

Hanley Economic BS 1 Year Branch Smart Saver – 6.5% AER

What's the deal?

This variable regular saver is returning 6.5%. You need to pay in between £25 to £300 per month. You can withdraw penalty-free twice per tax year.

Eligibility

You can open the account in a branch and it can also be managed via post.

Nationwide Building Society Flex Regular Saver – 6.5% AER

What’s the deal?There is no monthly minimum deposit and you can save up to £200 per month. The account allows up to three withdrawals. On your fourth withdrawal, the rate on the account will drop to 1.5% (variable) for the rest of the term.

Eligibility

You can get access to Nationwide’s 6.5% AER regular savings account when you open a current account with the bank.

Principality BS Christmas 2026 Regular Saver – 6.5% AER

What’s the deal?

Principality’s Christmas regular saver allows you to deposit up to £150 per month. You don’t have to pay in every month, and you can close the account at any time. The account can be opened online or in person, and you can also manage it via post.

Eligibility:

There are no eligibility restrictions.

Scottish BS Regular Saver – 6.5% AER

What's the deal?

Scottish Building Society is offering a new variable rate saver that pays 6.5%. Savers can deposit between £50 and £250 per month, and can make unlimited withdrawals throughout the 12-month fixed period.

The account can be opened by post or in-branch, and you can manage it online, by phone, via post, or in-branch. Interest is paid on maturity.

Eligibility:

There are no eligibility restrictions.

Virgin Money Regular Saver Exclusive – 6.5% AER

What's the deal?

Virgin Money is offering a fixed rate of 6.5% AER if you save up to £250 a month. You have no limit on withdrawals.

The account can be opened and managed online or in a branch. You can also call if you've registered for telephone banking. Interest is paid annually till the end of the term on 28 August 2026

Eligibility:

There are no eligibility restrictions.

Lloyds Bank Club Monthly Saver – 6.25% AER

What’s the deal?

Lloyds Bank is offering 6.25% on a maximum deposit of £400 per month. To give some certainty, the rate is fixed for one year. If you want flexibility with your cash, this account has no restrictions on withdrawals. After one year, your account will become a standard saver.

Eligibility:

This account is only for Club Lloyds or Lloyds Premier current account holders who haven't already opened a Club Lloyds Monthly Saver in the last 12 months.

Darlington Building Society 12 Month Regular Saver – 6% AER

What's the deal?

You can open Darlington's 12 Month Regular Saver if you stash up to £250 per month in the account. There are no penalties for missing a payment. You're allowed two withdrawals per calendar year, after which your account will be closed. The account pays a variable interest rate.

Eligibility:

The account is open to new and existing customers at any branch or online. Only one account can be held per person, whether in sole or joint accounts.

Market Harborough BS Limited Edition Regular Saver – 6% AER

What’s the deal?

Market Harborough’s limited edition regular saver lets you save anywhere between £10 and £300 per month. The account needs to be funded within ten days of being opened. You will need to make regular monthly withdrawals, and it’s worth noting that even after a penalty, you won’t be able to withdraw your money early. Interest is paid annually on 31 October

Eligibility:

This account can only be opened in a branch.

Monmouthshire Building Society Regular Saver – 6% AER

What’s the deal?

Monmouthshire Building Society is offering a variable 6% on a maximum deposit of £500 per month. It can either be a sole or a joint account. You can open it online or in a branch. Interest is calculated daily and paid when the 12-month term ends.

Eligibility:

This account is not available if you live in Northern Ireland.

West Brom Building Society Fixed Rate Regular Saver – 6% AER

What’s the deal?

You can earn a fixed rate of 6% and start saving from as little as £10, and put away up to £250 a month. Withdrawals are not permitted, and the account can only be opened in branch. Interest is paid at maturity.

Eligibility

There are no eligibility restrictions.

Market Harborough Building Society Fixed Term Regular Saver - 5.8% AER

What’s the deal?

With monthly deposits of between £10 and £250, this account will allow you to earn interest of 5.8% on your savings. Even with a penalty, you cannot make early withdrawals.

The account matures on 30 June 2026. You can open the account in one of six branches across Leicestershire and Northamptonshire.

Eligibility

There are no eligibility restrictions.

Vernon Building Society Online Regular Saver – 5.75% AER

What’s the deal?

Vernon Building Society offers 5.75% for those who save between £25 and £250 per month. The rate is variable, and no withdrawals are permitted. If you need to access your account urgently, you can close the account without notice or penalty. The account can be opened online via the website.

Eligibility

The account is only available for those who live in the following postcodes: BL, CH, CW, M, OL, SK, WA or WN. You cannot open a joint account.

How does a regular savings account work?

Compared to other types of savings accounts, there are more caveats to consider when opening a regular savings account. Here's what you should look out for.

• Existing customers – Most regular savers offer the best rates to their existing customers, so you may need to have a current account to get the rate.
• Monthly payments – To receive the best rates, a lot of regular savers ask for a minimum payment, which can be as low as £10 per month. There is also an upper limit, so the amount you can save is restricted.
• Your cash is protected – The Financial Services Compensation Scheme (FSCS) protects all of the banks mentioned in our best regular savers on balances up to £85,000. It’s a good idea to spread your money across your current accounts and savings to ensure you don’t have more than the higher limit in any one account.