Monmouthshire Building Society Access Bonus Account Review

A competitive easy access account from Monmouthshire Building Society. It ranks 62nd of 152 easy access accounts we track.

Variable rate

3.50%AER

Then 3.00% standard rate

Protection

FSCS£120,000

Min balance

£1

Max balance

£2,000,000

Access

1 withdrawal/year without losing bonus

Interest paid

Annually

The Rate You'll Get

With bonus (up to 1 withdrawal)

3.50%AER

Inclusive of 0.50% fixed conditional bonus; no more than 1 withdrawal before 31 March

Without bonus (2+ withdrawals)

3.00%AER

Bonus lost if more than 1 withdrawal made before close of business 31 March

How It Stacks Up

Ranks 62nd of 152

Easy access accounts we track

Above average
This account 3.50%
UK CPI (Aug 2026)
3.10%
Pays 0.40% more
Average easy access
2.83%
Pays 0.67% more
Best easy access
5.00%
Pays 1.50% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 1.05% more than this Monmouthshire Building Society account

We may earn a commission if you open this account.

Worth Weighing Up

  • Con: Part of the rate is a bonus; the standard rate is 3.00%
  • Con: The rate is variable, so it can go down

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See all Monmouthshire Building Society accounts

Estimated returns with Monmouthshire Building Society's Easy Access

What you could earn with Monmouthshire Building Society's Access Bonus Account.

Estimated interest

£1,000 saved

£35.00

At 3.5% AER

£5,000 saved

£175

At 3.5% AER

£10,000 saved

£350

At 3.5% AER

£2,000,000 saved

£70,000

At 3.5% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on Monmouthshire Building Society Access Bonus Account

Jan WatermannCo-Founder, DepositScout

The Access Bonus Account pays 3.50%, but that figure depends on making no more than one withdrawal before 31 March each year; exceed that and the rate drops to the 3% base, so it is not truly free-access in the way most easy-access accounts are. At 1.50% below the easy-access market leader at 5.00%, this sits below the market average, and I would only consider it if you are confident you can leave the money largely untouched. It does beat August 2026 CPI of 3.1% by 0.40%, which at least preserves real value in modest terms.

Compare Easy Access Accounts

2 alternatives to Monmouthshire Building Society's Access Bonus Account

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Common questions about the Access Bonus Account

D

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Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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