About this product
first direct Regular Saver is a 12-month fixed-rate account for 1st Account customers. Monthly standing-order deposits normally range from £25 to £300; unused allowances can be carried forward subject to the account balance limits.
Advantages
- Fixed interest rate for the 12-month term
- Regular saving by standing order
Things to consider
- A first direct 1st Account must remain open
- No partial withdrawals; early closure pays the standard Savings Account variable rate
Regulation and protection
Authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Eligible deposits are protected by the FSCS up to £120,000 per eligible person, per authorised firm. Accounts sharing a banking licence share this limit.