Monthly Interest Savings Accounts ISA

An ISA is a tax-free savings account that could offer monthly interest payments to savers.  This could prove to be particularly useful to people who are looking to supplement their monthly income through the interest accrued on their savings, such as retired people or those taking a career break.

If you are looking to open a monthly interest Individual Savings Account, it is important that you compare a range of deals  available to you to ensure that you get the right account to meet your needs. Our monthly interest savings account ISA comparison tables below contain details of some of the best savings accounts currently available. Please see below for further information and to apply online:

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.


Instant AccessMore Info >
Earn 1.22% AER variable interest. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £1. Unlimited deposits and withdrawals permitted. FSCS Protected
1.15%Easy AccessMore Info >
1.15% gross/AER. Instant Access. Free withdrawals and no notice period. Deposit from £100. Includes a fixed bonus of 0.95% gross fixed for the first 12 months. Quick and easy online application
1.00%Easy AccessMore Info >
1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Individual savings accounts (ISAs) offer:


  • Tax-free interest on your savings
  • Instant access (fixed rates also available)
  • Available to customers from the age of 16 or over

It is important that you make yourself aware of any restrictions that a monthly interest ISA savings account may have. For example, it could be the case that you may not be permitted to make more than a certain amount of withdrawals from the account, which may be unsuitable for your requirements. Additionally, once you have deposited your full ISA allowance, any  money you withdraw cannot be replaced until the following tax year.

The key to finding the most suitable monthly interest ISA savings accounts is usually to compare several different savings account deals from different providers, as these could vary greatly in what they offer.

Latest Fixed Rate Bond Deals
ProviderAccountInterest Rate (AER)TermApply


per annum

£5,000Apply Now >
Earn 2.20% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected


per annum

£5,000Apply Now >
Earn 2.02% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected


per annum

£1,000Apply Now >
Earn 2.40% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected
Monthly interest savings accounts come in all shapes and sizes, including:

You can compare deals using the tables above to see if there's a monthly interest savings account to suit your needs and apply today.