Get into a good savings habit

With our Regular Saver Account, put away between £25 to £300 each month, for a fixed 12 month term, and we'll give you a fixed rate of 7.00% AER/gross p.a.

What's all the fuss about?

  • 7.00% AER/Gross p.a. fixed for 12 months
  • save between £25 and £300 a month, up to £3,600 per year
  • change the amount of your standing order at any time

Regular Saver information


Interest example: If you save £300 every month for 12 months and qualify for the 7.00% AER/Gross p.a. interest rate, you'll earn approximately £136.50 interest (gross). Interest is calculated daily and paid 12 months after you opened the account.  Sole accounts only and one account per person at one time.


AER stands for Annual Equivalent Rate. This shows you what the rate would be if interest were paid and compounded each year. Gross is the rate of interest if interest were paid and not compounded each year.


UK residents only.

  • If you close your account before the end of the 12 month period, we'll only pay you interest at our standard Savings Account variable rate. You won’t be able to make partial withdrawals.
  • Available for existing first direct 1st Account customers only. Find out more about our 1st Account.


How to Apply

New to first direct? 

You need to be a 1st Account holder to get access to our Regular Saver Account. Find out how to apply for our 1st Account below.

Existing 1st Account customers

Apply now through our first direct App: 

1. Log in to the App.

2. Open the menu. 

3. Select ‘Products’ then ‘Regular Saver'.

Your eligible deposits with HSBC UK Bank plc are protected up to a total of £85,000 or up to £170,000 for joint accounts, by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. 

This limit is applied to the total of any deposits you have with the following: HSBC UK Bank plc and first direct. Any total deposits you hold above the limit between these brands are unlikely to be covered.