Regular Saver Accounts
Save with a competitive fixed rate!
What to consider before opening a Regular Saver Account:
This account is suitable for people using their personal savings that can save a sum of money each and every month and do not require regular withdrawals.
- Generally speaking, the longer the period of notice you need to give, the better rate you will get
- We advise that you keep some money available in an Easy Access account in case of unforeseen or unplanned events
Helpful reminder
- Please note Confirmation of Payee (CoP) will not work for 24 hours after you initially set up your account, for details of the scheme please see our CoP webpage
- Any funds you deposit will appear in your account the same working day if processed before 3pm. If after 3pm your funds will appear in your account on the next working day
- Please follow the instructions carefully when submitting your information as any incomplete ID checks may cause a delay in your account being opened. Once you’ve sent us ID please wait 3-5 working days before contacting us
For more help, you can get in touch on 01858 412412 or you may prefer to send details of your query to customersfirst@mhbs.co.uk.
Fixed Term Regular Saver (31.03.2026)
6.00% Gross*/AER** fixed
Minimum balance – £10
Maximum balance – £250 (per month)
Notice for withdrawals – not applicable
Annual interest paid at maturity
Member Monthly Saver
3.50% Gross*/AER** variable (new rate of 3.25% effective 16 Jan 2025)
Minimum balance – £10
Maximum balance – £3,000 (per month)
Notice for withdrawals – 30 days
Annual interest
*Interest is paid without tax deducted. Some savers will be required to pay tax on savings interest; this should be arranged directly with HMRC through your tax return.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.
