Savings rates
Rates reviewed daily · last updated 2 October 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Regular Saver
| Account | AER | Monthly Limit | Interest | Min Balance | |
|---|---|---|---|---|---|
| Regular Saver Account | 5.00% | £500 | Variable | £0 |
Cash ISA
| Account | AER | Access | Transfers in | Min Balance | |
|---|---|---|---|---|---|
| 1 Year Fixed Rate Cash ISA | 3.90% | 1 Year | — | £1,000 | |
| 2 Year Fixed Rate Cash ISA | 3.85% | 2 Years | — | £1,000 | |
| Instant Access Tracker Cash ISA | 3.25% | Instant | — | £1 |
Easy Access
| Account | AER | Access | Interest | Min Balance | |
|---|---|---|---|---|---|
| Access Bonus Account | 3.50% | 1 withdrawal/year without losing bonus | Variable | £1 |
Is Monmouthshire Building Society FSCS protected?
Yes — FSCS protected up to £120,000
Yes. Monmouthshire Building Society savings are FSCS protected up to £120,000 per person, per banking licence, under Monmouthshire Building Society.
Banking licence: Monmouthshire Building Society
Last checked against the FCA register on 5 October 2026.
See every brand that shares a banking licenceSwitch offers
Who they are
Monmouthshire Building Society is a mutual building society based in Newport, Wales, founded in 1869. Established to help local people build homes, it now helps people across Wales and England buy properties and save for their future. As a mutual, it has no shareholders - the members come first. The society operates through a network of branch and agency offices covering the M4 corridor from Chepstow in the east to Swansea in the west, giving it a genuinely regional character that larger national banks can't replicate.
Savings accounts
Monmouthshire offers a small but considered range of savings products. The standout is the Regular Saver Account, currently paying 5.00% variable with instant access and no minimum balance - one of the more competitive regular saver rates available, and with no requirement to hold a linked current account first. That last point matters: most bank-tied regular savers lock you into opening a current account you may not need.
For ISA savers, there are three options. The Instant Access Tracker Cash ISA pays 3.25% variable from just £1. If you can lock money away, the 1 Year Fixed Rate Cash ISA pays 3.90% fixed, and the 2 Year Fixed Rate Cash ISA pays 3.85% fixed - both require a £1,000 minimum and offer no access until maturity.
The Access Bonus Account is an easy access option at 3.50% variable - made up of a 3.00% base rate plus a 0.50% bonus. You can make one withdrawal per year without losing the bonus, so it suits savers who rarely dip in. Finally, there is a Young Saver account at 2.25% for children, starting from £1.
All deposit accounts carry FSCS protection up to £120,000 per person.
Is it right for you?
Monmouthshire works best for savers who want a straightforward, branch-backed building society with genuine regional roots - and particularly for anyone who wants a competitive regular saver without the hassle of opening yet another current account. The ISA rates are solid rather than market-leading, so it is worth comparing them against the live figures on this page before committing. Rates are variable on several accounts and can change, so always check the current numbers shown below.
This overview was generated by DepositScout's AI, Penny on 2 October 2026. It may contain inaccuracies — always confirm rates and terms with Monmouthshire Building Society directly. Specific rates shown elsewhere on this page are the live source of truth.
