Regular savings

Savers with accounts that pay low or no interest will soon be prompted to consider alternatives under a crackdown by the regulator. The Financial Conduct Authority (FCA) has announced a raft of measures designed to better protect savers amid concerns they're being ripped off.

If you're a Skipton Building Society mortgage or savings customer you can now access its new 7.5% regular savings account. The eye-catching rate is one of the highest we've seen on this type of account in a decade. Below we explain how it works, how it compares and how to get it.

First Direct is doubling the interest rate on its regular savings account from 3.5% to 7% on Thursday 1 December. It's the highest rate we've seen on this type of account since 2012. But there are a few catches – here's what you need to know.

Savings app Chip will start charging customers using its standard free account for certain features, including its popular 'auto-saving' function, from 12 October. Below we explain what's happening and alternative accounts to consider. 

HSBC and First Direct have cut the interest paid on their regular savings accounts from 2.75% to 1% for new customers, just days after MoneySavingExpert.com warned a rate reduction was on the cards. 

HSBC has raised fresh fears that it could be about to slash the interest rate on its regular savings account after accidentally sending emails to customers showing a reduced rate of just 1%, MoneySavingExpert.com can reveal.

M&S Bank is soon to close its 2.75% AER regular savings account to new customers – and it's possible its sister banks HSBC and First Direct could follow suit. Yet if you have a current account with one of these banks already, there's still time to open a regular saver and lock in the 2.75% rate for a year.

More than 66,000 people with a high interest Yorkshire Building Society regular savings account will have their accounts shut in December.

New savings provider Ford Money, owned by the US car manufacturer, is turning its focus to regular savings, offering two market-leading accounts paying a fixed 4% AER interest for a year.

The three market-leading regular savings accounts are cutting their interest rates from 6% to 5% for new account-holders - but if you've a current account with HSBC or First Direct, open a regular saver TODAY and you can still lock in 6% for a year.