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First Direct savings rates

Every First Direct account we track, ranked by AER — we may not track all of them, and this is not a whole-of-market comparison.

Account	AER	Access	Min	12-month trend	Provider & protection
First Direct Regular Saver Sample figure	7.00%	12-month term	£25	—	HSBC UK Bank plc · FSCS protected Deposit-taker HSBC UK Bank plc, trading as first direct Country of incorporation England and Wales Principal place of business United Kingdom Regulated for deposit-taking Yes Prudential regulator Prudential Regulation Authority Deposit guarantee scheme Financial Services Compensation Scheme (FSCS) Dispute resolution scheme Financial Ombudsman Service Paid up capital and reserves Exceeds £20 billion (as at 31 Dec 2025) Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per authorised firm, subject to eligibility and FSCS rules. The limit applies to the total held across every brand sharing that firm's authorisation, not to each brand separately.	View account ›

Information only, not financial advice — we do not consider your circumstances. Rates below are illustrative sample figures, not current market rates. SwitchScout is not the deposit-taker; you apply directly with First Direct.