Savings · Checked against First Direct’s own page
First Direct Regular Saver: 7.00% AER
First Direct Regular Saver: 7.00% AER · Regular saver. Current-account customers only, and monthly saving only
7.00%
AER · Regular saver
- Regular saver
- On closure
Worth knowing
Current-account customers only, and monthly saving only
No commission
The details
- Account type
- Regular saver
- Rate
- Fixed · 7.00% fixed for 12 months on the balance as it builds
- Deposits
- from £25 · up to £3,600 · £25 to £300 a month
- Access
- On closure · No withdrawals
- Term
- 12 months
- What happens next
- The account closes after 12 months and the balance moves to an easy-access account.
- Protection
- UK-authorised bank · protected up to the FSCS limit per person, per banking licence
- Details
- Regular saver · £25–£300 a month · 12 months · requires a First Direct current account
- Source
- First Direct savings page Checked 17 Oct · No commission
How it compares
Joint 1st of 7 by rate, among the 12 month regular savers MoneyHQ has checked.
| Account | Rate | To open | Term | Checked |
|---|---|---|---|---|
| The Co-operative Bank Regular Saver | 7.00% AER | £1 | 1 year | 17 Oct |
| First Direct Regular Saver (this offer) | 7.00% AER | £25 | 1 year | 17 Oct |
| Progressive building society regular saver | 7.00% AER | Not stated | 1 year | 17 Oct |
| Chase Regular saver | 6.50% AER | £1 | 1 year | 17 Oct |
| Lloyds Monthly Saver | 5.00% AER | Not stated | 1 year | 17 Oct |
| Monmouthshire Building Society Regular Saver | 5.00% AER | £0 | 1 year | 17 Oct |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by rate alone; commission never changes the order.