Monthly Savings - Barclays Personal Banking

It's the year of the great rate

Put a little bit of money aside each month and get a great interest rate for any month you don’t make a withdrawal. You’ll be surprised just how quickly you can reach your goals when you let your money grow.

Our Monthly Savings account encourages you to save by offering you a high fixed rate of interest of 4.25% AER (4.17% gross pa*) for 12 months. All you have to do is deposit between £20 to £250 a month by standing order. It’s also flexible, so you can skip a payment, amend your standing order and make withdrawals. You will receive a lower rate of interest for months when you make a withdrawal.



		Earn a fixed interest rate of 4.25% AER (4.17% gross pa*) in months when no withdrawals are made

		No withdrawal restrictions but should you need to take some money out, a lower fixed rate of 3.03% AER (2.99% gross pa*) is paid for months when you make a withdrawal

		Interest is paid monthly

		Make monthly deposits from £20 to £250 by standing order

		Maximum deposit £3,000 over the 12 month term of the account

		At the end of the 12 month term your account will automatically switch to an instant access savings account which is available at that time



	Monthly deposit	Between £20 to £250 to be paid into account by standing order each month. No additional deposits permitted

	Interest Rate	Higher fixed rate of 4.25% AER (4.17% gross pa) paid in months when no withdrawals are made. Lower fixed rate of 3.03% AER (2.99% gross pa) paid for months in which a withdrawal is made

	Maximum deposit	Save up to £3,000 over the 12 month term

	Manage your account	In branch, online, by phone**

	Available to	Applicants must be 16 or over. Only one Monthly Savings account per person



	Already have a Barclays current account? Call us on 0800 201 612^‡ if you are registered for telephone banking. or online If you're new to Barclays you can still apply for Monthly Savings in branch. Don't forget your ID. Find your nearest branch ID required Like to find out more? Read the Monthly Savings Terms and conditions

Do you want to be able to save more than £3,000?
Would you like to see all the savings accounts available?
Do you want to make regular withdrawals?

Find the savings account that’s right for you with the
help of our Savings Chooser.

* Gross is the rate of interest payable before income tax is deducted. Interest is payable gross to non-tax payers subject to the required certification. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.

** Online and telephone Banking access is only available to Barclays current account holders who are registered for Online Banking and Telephone Banking.

‡ Lines are open Mon-Fri 8am - 9pm, Sat 9am - 5:30pm. Read call charges information.

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