Coronavirus - Get the latest updates and resources from MyWalletHero - Find out more.
Advertiser Disclosure

M&S Bank Monthly Saver

By: Heather Adlington | Updated: 6th July 2020.

Great for: Competitive interest on regular monthly savings
4 stars question mark
M&S Bank logo
  • Interest Rate (AER):

    2.75%
  • Account Type:

    Regular Saver
  • Protection Scheme:

    FSCS
  • Account Minimum:

    £25

WHAT YOU NEED TO KNOW

  • 2.75% interest rate fixed for 12 months
  • Interest paid at the end of that year
  • Save between £25 and £250 each month - up to £3,000 per year
  • If your regular monthly payments are less than the £250 max, you can carry your allowance over and pay more in later months
  • You can change your standing order amount at any time
  • Only available to M&S Current Account holders
  • Sole accounts only, and only one account per person
  • No withdrawals during the 12 month period, if you need to close the account before the year is up you will only receive the Everyday Savings Account interest rate

what we like

  • Highly competitive interest rate
  • Save between £25 and £250 each month
  • You can carry over unused allowance into other months

WHAT YOU NEED TO KNOW

  • 2.75% interest rate fixed for 12 months
  • Interest paid at the end of that year
  • Save between £25 and £250 each month - up to £3,000 per year
  • If your regular monthly payments are less than the £250 max, you can carry your allowance over and pay more in later months
  • You can change your standing order amount at any time
  • Only available to M&S Current Account holders
  • Sole accounts only, and only one account per person
  • No withdrawals during the 12 month period, if you need to close the account before the year is up you will only receive the Everyday Savings Account interest rate

DISCLAIMER