Hinckley & Rugby Building Society savings rates — compare every account, plus switch offers and guides

Who they are

Hinckley & Rugby Building Society has roots stretching back to 1861, when the Rugby Provident Building Society was founded. The two societies merged in 1983 to form the society you see today. Its Hinckley home is a Grade II listed building dating back to the 18th century - which tells you something about how long this society has been part of the local fabric.

As a mutual, owned by members rather than shareholders, it can focus on long-term value rather than short-term returns. It sits among the top 20 building societies in the UK, with total assets of more than £740 million and over 50,000 savers. Staff are available to help in person, over the phone, by email, or post - a more personal setup than you tend to get with the big high-street banks.

Savings accounts

The range here is genuinely broad, which is one of Hinckley & Rugby's strengths as a savings provider.

For savers who want a fixed return, the 5 Year Fixed Rate Bond and its Cash ISA equivalent both sit at 4.82% AER, with a minimum deposit of £1,000 for the bond and £500 for the ISA. A shorter fixed Cash ISA (maturing 31.12.2028) pays 4.76%, while the standard Fixed Rate Bond and Fixed Rate Cash ISA each come in at 4.41%. These are the kinds of rates worth considering seriously if you can lock money away.

Notice accounts offer a middle ground. The 160 Day Notice account pays 4.00% and the 100 Day Notice pays 3.90%, both requiring a £1,000 minimum. If you want slightly quicker access, the 60 Day Notice is there at 2.65%.

There is also a Regular Saver (30 Day Notice) at 4.00%, a Young Saver easy access account for children at 3.20%, a Children's Regular Saver at 3.65% locked until age 18, and a Borrowers Loyalty Tracker Bond at 3.75% for existing mortgage members.

For those who need more flexibility, the Easy Access Cash ISA starts from £100, while the standard Easy Access account opens from just £1. Rates on these variable products are lower and will move over time, so keep an eye on them.

All accounts listed here carry FSCS protection up to £120,000 per person.

Is it right for you?

Hinckley & Rugby suits savers who want something beyond the big-bank experience - particularly if you value branch access in the East or West Midlands, or appreciate dealing with a genuinely mutual organisation. The fixed-rate range is competitive across both bonds and ISAs, and the notice account ladder gives you real flexibility to match your access needs to the rate you earn.

There are no switch bonuses or introductory offers to factor in here, so the decision is straightforward: it comes down to the rates and whether the account type suits how you save.

Rates change regularly, so check the live figures shown on this page to make sure you are seeing the most current numbers before you apply.