Vernon Building Society Online Regular Saver Review5.75% AER (Sep 2026)

Regular Saver from Vernon Building Society

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Protection

FSCS

Up to £120,000

Monthly limit

£250

Access

Regular saver rules apply

Interest paid

Annually

Who Is This For

Learn more about Vernon Building Society

New and existing savers
Savers happy with a £250 cap
People who can save a set amount each month

Additional Info

If, 3 months after the annual transfer, Vernon haven’t received a further deposit from you then they will close your Online Regular Saver and transfer any remaining balance into your linked Easy Access account.

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Calculate your tax liability for this accountSee what you might pay on the interest from Vernon Building Society's Online Regular Saver.

Our Expert Opinion on Vernon Building Society Online Regular Saver

Vernon Building Society's Online Regular Saver pays 5.75% for one year and is open to existing and new customers alike, which is a reasonable starting point. It suits disciplined savers who can put away between £25 and £250 each calendar month, and the fact that missing a monthly deposit carries no penalty gives it a little flexibility that stricter regular savers do not. The real catch is the £250 monthly cap, so the most interest you can earn is modest in absolute terms. If you want to compare, Skipton Building Society, Market Harborough BS, and Manchester Building Society all offer the same 5.75% rate on their regular savers right now.
Jan Watermann (Co-Founder)DepositScout