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First Direct Regular Saver Account Review7.00% AER (Sep 2026)

Regular Saver from First Direct

Protection

FSCS

Up to £120,000

Monthly limit

£300

Access

Instant

Interest paid

On maturity

  • New and existing savers
  • Those wanting easy access
  • People who can save a set amount each month

Additional Info

You can only make one standing order payment each month of between £25 and £300, up to £3,600 per year.

Please verify all details with the provider – for more info read our Disclaimer

Calculate your tax liability for this accountSee what you might pay on the interest from First Direct's Regular Saver Account.

Our Expert Opinion on First Direct Regular Saver Account

First Direct's Regular Saver pays 7.00% for one year, which is a strong rate for disciplined savers who can put away between £25 and £300 each month. It is open to existing and new customers alike, so you do not need to already hold a First Direct current account to apply, though you will need to open one. The key catch is that while access is technically instant, withdrawing early means closing the account entirely, so treat this as a twelve-month commitment. The Co-operative Bank offers the same 7.00% rate if you want to compare before deciding.

Compare Regular Savers

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