TSB savings: Monthly Saver, Savings Pots, ISAs and fixed bonds
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
FSCS protects eligible deposits up to £120,000 per person, per authorised institution.
Quick answer
TSB’s Monthly Saver paid 5.00% gross/AER fixed for 12 months on £25 to £250 a month, as of 4 October 2026. It’s only for TSB current account customers. Its Fixed Rate Bonds and Fixed Rate Cash ISA paid up to 4.75% for two- or three-year terms.
Easy-access options pay much less: Savings Pots 1.45% to 1.55% AER and eSavings or Easy Saver from 1.00% variable.
Who it’s for
- TSB current account customers who can save a regular amount each month
- Savers with a lump sum they can lock away for two or three years
- People who want a branch-backed Cash ISA
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You don’t want a TSB current account — the Monthly Saver needs one
- You want a high easy-access rate — TSB’s are low
- You might need your money early from a Fixed Rate Bond — no early withdrawals are allowed
TSB savings rates
| Account | Rate | Access and limits |
|---|---|---|
| Monthly Saver | 5.00% gross/AER fixed, 12 months | £25 to £250 a month; withdrawals allowed; TSB current account needed |
| Savings Pots | 1.45% AER (Spend & Save) / 1.55% AER (Plus) variable | Up to five pots, £100,000 each |
| Save Well Limited Access | 2.95% gross / 3.00% AER variable | 1-year term; withdrawals reduce that month’s interest |
| Easy Saver / eSavings | From 1.00% AER variable, including a 0.10% bonus for 12 months | Instant access; tiered by balance |
| Fixed Rate Bonds | Up to 4.75% gross/AER fixed (2 or 3 years) | 1, 2 or 3 years; no early withdrawals |
| Fixed Rate Cash ISA | Up to 4.75% tax-free/AER fixed | 18 months, 2 or 3 years; withdrawal charges |
| Cash ISA Saver | From 1.10% AER variable including a 0.20% 12-month bonus | Instant access |
| Junior Cash ISA | 3.15% AER variable | No withdrawals until 18 |
Figures as of 4 October 2026, taken from the provider’s own website. Rates and fees can change.
Full explanation
If you can only save from your monthly income, a regular saver can beat easy access. Try the numbers in our savings growth calculator.
Interest outside an ISA counts towards your Personal Savings Allowance. Our ISA vs savings account guide explains when that matters.
The catch
A regular saver’s headline rate applies to each payment only from the day it goes in, so the interest over the year is roughly half what the rate suggests on your final balance.
Save Well Limited Access pays 3.00% AER variable but withdrawals reduce the interest earned that month.
Check TSB’s current savings rates.
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
Who can open a TSB Monthly Saver?
TSB current account customers. You can save £25 to £250 a month for 12 months.
Can I withdraw from the TSB Monthly Saver?
TSB says there’s no charge for withdrawals.
Can I take money out of a TSB Fixed Rate Bond early?
No. TSB says no early withdrawals or closures are possible once the funding window ends.
How long does a Cash ISA transfer to TSB take?
TSB says up to 15 working days for Cash ISAs. It doesn’t accept Lifetime ISA transfers.
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