West Brom Building Society savings rates — compare every account, plus switch offers and guides

Who they are

West Brom Building Society is one of the UK's largest building societies, headquartered in West Bromwich in the West Midlands. The Society was formed in 1849, making it one of the oldest building societies still in existence today. As a mutual, it is owned by and run for the benefit of its members - there are no outside shareholders to pay dividends to, which is the whole point of the building society model.

As of 2025, the building society had around 408,000 members. It has approximately 34 branches, concentrated in the West Midlands region. You can also open and manage accounts online, which means you do not need to be local to use them.

Savings accounts

West Brom offers a decent spread of accounts, from straightforward easy access through to fixed-rate bonds, cash ISAs, regular savers, and a children's account. Here is a quick tour of what is currently on offer.

On the easy access side, the Four Access Saver pays 4.05%, though the name tells you the catch - the rate drops sharply to 1.40% if you make five or more withdrawals in a year. The standard West Brom Saver pays 1.50% with no such restriction. If you can tolerate a limit of six withdrawals per year, the Limited Access Saver sits at 2.00%.

The Fixed Rate Regular Saver is the headline act for disciplined savers, paying 5.00% fixed - but you cannot access your money until the end of the term. The Access Regular Saver pays 2.10% variable with more flexibility, including the option to miss up to two monthly payments.

Fixed-rate bonds come in one- and two-year terms, both at 4.05%, with a £1,000 minimum and no access to your money before maturity. Cash ISA options mirror a similar structure - a 1 Year Fixed Rate ISA and a 2 Year Fixed Rate ISA both at 4.05%, with early withdrawal penalties of 90 and 150 days' lost interest respectively. There is also a Limited Access ISA at 2.00% and a West Brom Saver ISA at 1.50% for those who want tax-free flexibility.

Families saving for children can use the Children's West Brom Access Account at 2.35% variable, with the same six-withdrawal limit before the rate falls.

All accounts open from just £1 (the fixed bonds and Direct Limited Access Saver require £1,000). All eligible deposits with West Bromwich Building Society are protected up to £120,000 by the FSCS, and that limit applies to the total of any deposits you hold with the West Brom. For a joint account held by two eligible depositors, the maximum that could be claimed would be £120,000 each, making a total of £240,000. West Brom holds its own banking licence, so this protection does not get shared with any other brand.

Is it right for you?

West Brom suits savers who value the security and ethos of a long-established mutual, and who are happy to trade some flexibility for a better rate. The Fixed Rate Regular Saver at 5.00% is genuinely competitive if you can commit to a monthly savings habit and lock your money away. The Four Access Saver at 4.05% is a solid easy access option, as long as you are confident you will not dip in too often.

The branch network is limited to the West Midlands, so if you prefer to deal face to face and live elsewhere, that is worth bearing in mind. Online account management is available, though some customer reviews suggest the experience is functional rather than slick.

Rates on all variable accounts can change at any time. Check the live figures shown on this page before you decide - that is always the most up-to-date comparison.