This comparison simply includes all savings accounts.
Monmouthshire Building Society Savings Accounts
Why we like it: Interest paid annually. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
Why we like it: Instant access to your savings. Unlimited deposits and withdrawals. Interest paid monthly, either to a linked current account, or adding it to your Online Flexi Saver account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Must be aged 18 or older and have a UK address. Must have a linked UK current account. Your eligible deposits with Investec Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)
Why we like it: Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2024. Must be UK resident and be aged 18 or older
Why we like it: Interest calculated monthly. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must retain a minimum balance of £20,000 in the account. Must be UK resident and be aged 18 or older
Why we like it: All funds deposited into the RCI Bank E-Volve Savings 14 Day Notice Account will be used to fund pure electric vehicles and charging facilities. Interest paid monthly or annually. Manage account online. UK-based support, seven days a week. Which? Recommended Savings Provider. Unlimited withdrawals subject to 14 days notice. Must be UK resident. Must be aged 18 or older. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: The interest rate tracks the Bank of England (BoE) Base Rate. Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month. Open and manage account online. Your eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme. The maximum deposit you may pay into any one OakNorth Account is £500,000. The maximum amount (excluding the interest) that you will be allowed to hold on deposit with OakNorth Bank across multiple accounts is also £500,000. Unlimited withdrawals, subject to 95 days notice. Available to individuals, aged 18 or over, who are UK residents
Why we like it: Unlimited deposits and withdrawals. Interest paid monthly: can be added to your Notice Saver or paid to your linked account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Withdrawals subject to 90 days notice. Must be aged 18 or older and have a UK address. Must have a linked UK current account
Why we like it: 3 penalty-free withdrawals in a 12 month period. 3.82% AER (variable tracker) + 0.68% AER 12 month boost. 3.75% gross variable tracker. Interest paid monthly. Deposit and withdraw almost instantly. No fees or charges for holding account. FSCS eligible on your deposits. After 3 withdrawals within a 12 month period the rate will revert to either 3.40% AER (variable tracker with boost applied) or 2.72% AER (variable tracker) for the remainder of the 12 month period since opening the account. Must be UK resident. Must be aged 18 or older
Why we like it: 9 month term, minimum deposit £1,000, no withdrawals permitted. FSCS Protected
Why we like it: Interest paid on maturity. Automatic repayment to your linked account. Maximum deposit £250,000. FSCS Protected. Must have a UK residential address and be aged 18 or older. No withdrawals permitted
Why we like it: 1 year term, minimum deposit £1,000, no withdrawals permitted. FSCS Protected
Compare Monmouthshire Building Society savings accounts
Finding the right savings option for you will depend on your personal circumstances and your savings goals.
Monmouthshire Building Society have a variety of savings accounts that could help your savings grow quickly.
Instant Access Savings Accounts
If you are likely to need your savings in the near future then an instant access account may be suitable. Instant access savings accounts allow you to make a withdrawal whenever you need it and earn interest on your savings.
The Escalator and Affinity instant accounts from Monmouthshire Building Society provide modest interest and instant access to your savings.
A notice savings account might be a good option for you, if you are unlikely to need your savings in a short period of time. Notice savings accounts require a number of days’ notice to make a withdrawal, but often provide higher rates of interest.
Monmouthshire Building Society’s Bonus 60 account offers slightly higher interest than their instant access account, but requires 60 days’ notice for a withdrawal.
A tried and test method of growing savings quickly is putting aside a certain amount each month. By opening a regular savings account you could access impressive rates of interest, providing you deposit the minimum amount each month.
The Saver Plus account from Monmouthshire Building Society provides competitive interest and a relatively low monthly deposit requirement.
By locking away your savings for a prolonged amount of time, you could access higher interest. Fixed rate bonds offer some of the best interest on the market, providing you do not make a withdrawal from your savings over the course of the bond.
There are a variety of fixed rate bonds with Monmouthshire Building Society, which have different fixed terms and interest rates.
If you have a significant amount of savings and you are set to earn a substantial amount of interest, you should consider the tax on your interest that you may need to pay. With a cash ISA you could earn up to £20,000 tax-free interest.
Monmouthshire Building Society have a number of ISAs that can help you receive up to £20,000 tax-free interest.
