Family Building Society savings rates — compare every account, plus switch offers and guides

Who they are

Family Building Society is a trading name of National Counties Building Society, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. The underlying society was incorporated in 1896 , and the Family Building Society brand itself launched on 14 July 2014, specifically designed to help all generations of families across a wide set of financial offerings. It is a mutual building society, owned and run for the benefit of its savings and mortgage members. It is independent and not a subsidiary of any larger group.

One thing worth knowing on FSCS coverage: because Family Building Society and National Counties Building Society share the same banking licence, you are covered for a combined total of £120,000 across both - savings spread between the two names do not receive separate protection.

Savings accounts

The range covers easy access, fixed-rate bonds, cash ISAs, and a Junior ISA. Two accounts stand out for their approach to rate-setting. The Market Tracker Saver is an easy access account where the rate tracks the average of the top 20 easy access rates in the market as measured by Moneyfacts, reviewed quarterly - so you are not relying on the society to remember to be competitive. The Market Tracker Cash ISA works the same way, paying the Market Tracker Saver rate plus 0.05%, with unlimited access. Both are variable and start from just £1.

For savers happy to lock money away, the 3 Year and 5 Year Fixed Rate Bonds both pay 4.45% fixed, though you will need at least £10,000 to open one and there is no access until maturity. The Online Saver is the more straightforward easy access option, with a £100 minimum and a £25,000-per-day withdrawal limit. For families saving for a child, the Junior Cash ISA locks money away until the child turns 18.

All products listed here carry FSCS protection up to £120,000. Rates are variable on the easy access and ISA accounts, so they can and do change - the live figures on this page are always the ones to go by.

Service and access

There is no app, but you can check balances and transactions, make withdrawals to your nominated account, and transfer money between accounts online. The phone line is the main route for more complex queries. Customer reviews consistently highlight friendly, patient, and knowledgeable staff, with savings described as easy to manage online - though some customers have flagged that phone wait times can run long and that the online system has caused occasional frustration. Unless you live near Epsom, there is no branch to visit in person.

Is it right for you?

Family Building Society suits savers who like the reassurance of a mutual, appreciate a human at the end of the phone when things get complicated, and are interested in a rate-tracking ISA that removes the need to chase the best deal every few months. The fixed-rate bonds are worth considering if you have a larger lump sum and a three-to-five year horizon. It is not the right fit if you want a mobile app or if you are splitting large sums across multiple institutions and need separate FSCS limits.

As always, the specific rates shown on this page are live and up to date - check them before making any decision, as they can change at any time.