Take steady steps toward your financial goals with our regular savings accounts. By depositing as little as £5 a month, you can develop a savings habit – perfect for building up a nest egg or saving for something special, like a new home, wedding, or dream getaway.
Our Regular Premium Investment ISA offers a flexible, tax-free way to save and invest. Alternatively, our Tax Exempt Savings Plan (TESP) and Regular Savings Plan let you save for 10 to 25 years, with the security of a guaranteed amount upon maturity. Explore each option to find the best fit for your savings journey.
Our Regular Savings Products Reward Consistent Contributions.
Regular savings accounts make it simple to save little and often. By committing to a minimum deposit each month or year, you can watch your savings grow steadily over time.
We offer a Regular Premium Investment ISA, which provides the potential for tax-free growth. You can complement this with our Tax Exempt Savings Plan (TESP), available exclusively through friendly societies like ours, to save tax-free in addition to your ISA allowance. The TESP has a maximum deposit of £25 per month or £270 annually. If you'd like to save more, try our Regular Savings Plan (RSP), which also offers a guaranteed lump sum on maturity plus potential bonuses.
Who Are Regular Savings Accounts For?
Our regular savings accounts are an excellent option if:
- You want to build a consistent saving habit.
- You’re saving for medium to long-term goals.
- You can comfortably commit to depositing the minimum amount each month or year.
You’re happy to set your money aside for a specific term.
When a Regular Savings Account May Not Be Suitable:
These accounts involve withdrawal restrictions or penalties, so they may not be suitable if:
- You want to withdraw money regularly.
- You require immediate access to your cash.
Looking for more ways to save? Try our easy access Sustainable ISA or explore our Children’s Savings.
For more information on the risks, please refer to the relevant 'risks you should be aware of' section for each product.