Protection
FSCS£120,000
Monthly limit
£200
Max balance
No limit
Access
Instant
Interest paid
Annually/On maturity
How It Stacks Up
Ranks 38th of 54
Regular savers we track
This account 4.25%
- UK CPI (Aug 2026)
- 3.10%
- Pays 1.15% more
- Average regular saver
- 4.97%
- Pays 0.72% less
- Best regular saver
- 8.00%
- Pays 3.75% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
- Pro: People who can save a set amount each month
Worth Weighing Up
- Con: The rate is variable, so it can go down
- Con: You can only pay in up to £200 a month
Good to Know
UK residents aged 18+, one account per person, no joint accounts. Online edition is Regular E Saver 200 (Issue 2), opened and managed via Penrith Online, and needs a nominated UK bank account. Branch edition is Regular Saver 200 (Issue 3), opened in branch only, with a passbook. At maturity it moves to an Easy Access E-Saver (online edition) or an Instant Access Share (branch edition).
Please verify all details with the provider – see our Disclaimer
See all Penrith Building Society accounts
