Regular savers explained
Regular savers offer eye-catching headline rates, but only on money paid in monthly.
How the rate applies
The headline rate applies to each monthly deposit for the time it's held, not to a large lump sum for the whole year — so the cash interest is smaller than the rate suggests.
Using them well
They work best alongside an easy-access account: drip-feed the monthly maximum into the regular saver while the bulk earns interest elsewhere.
Common questions
- Why is the rate so high?
- Because it only applies to small, growing balances over 12 months, the bank's cost is limited.
- What if I miss a payment?
- Some accounts penalise missed months or close early — check the specific rules.
Information only, not financial advice.