Regular Saver Account
Earn up to 6.00% Gross*/AER** variable interest on savings of between £10 and £500 per month for up to 12 months
A savings account tailored to your needs.
This is an account designed especially for regular savers, which allows you to save what you want, when you want, and how you want. So if flexibility is important to you, then this account may fit the bill.
When you open an account in branch or online we will ask you for a regular savings instruction to debit between £10 to £500 per month from a AIB (NI) Select Account or Current Account. If you are a new customer or do not already have a suitable account, talk to us about how we can help.
Please note you must be a UK resident to open an account with us.
Features and benefits
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Earn up to 6.00% Gross*/AER** variable interest on savings of between £10 and £500 per month for up to 12 months
Receive a competitive variable Regular Saver Interest rate of 6.00% Gross*/AER** for your savings within the maximum monthly threshold. Savings in excess of this threshold may attract a Standard Saver rate of 2.25% Gross*/AER** variable.
Interest is calculated daily and paid annually in April.
For more information about these thresholds, see the 'How does it work' section.
*Gross stands for contractual rate of interest payable before the deduction of income tax at the rate specified by law.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
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Access to your savings without penalty in-branch or online
You can access your savings whenever you need them.
Visit any AIB branch or alternatively use our Online or Mobile Banking to complete your day to day transactions such as transferring money, paying bills or checking your most recent transactions.
See our full range of Ways to Bank Options. -
Add to your savings anytime without restriction
You can add to your savings anytime by cash, cheque, standing order or electronic transfer.
See the 'How does it work' section for a more detailed explanation on what interest rate will apply to additional lodgements.
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Take a payment holiday if you require
You can take a Payment Holiday for a nominated period of time.
There is no penalty for stopping the monthly payment. Just let us know up until the day before it is due to leave your account.
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Carry on saving in the account after 12 months
You can continue to save to your Regular Saver Account. After 12 months a new annual Saver Period begins and the monthly threshold is reset, so why not talk to us at that stage about moving some of your money into another product e.g. AIB (NI) Cash ISA.
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Open your account today
- If you're registered for our Online Banking Service, simply open a new Regular Saver Account by selecting the 'Apply & Open' option.
- Please note you must be a UK resident to open an account with us.
- Alternatively call into your nearest AIB branch or call us on 0345 6005 925† if you would prefer to make an appointment.
- We will need to see proof of your identity and address (such as your passport, driving licence and a gas or electricity bill). If you are not sure what proof we accept, click here or speak to a customer service adviser on 0345 6005 925†.
- Complete and sign the relevant forms and we will do the rest.
- If you're registered for our Online Banking Service, simply open a new Regular Saver Account by selecting the 'Apply & Open' option.
How does it work?
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A more detailed explanation on how the account works
- When you open the account we will ask you for a regular savings instruction to debit between £10 to £500 per month from a AIB (NI) Current or Select Account
- Your savings will earn the Regular Saver Rate of interest up to a Maximum Monthly Threshold increasing by £500 per month, up to a Maximum Monthly Threshold of £6,000 in month 12. In each month, any balances in the account that exceed the Maximum Monthly Threshold will earn the lower Standard Saver Rate of interest (please refer to the table below).
- The Maximum Monthly Threshold reverts back to £500 and a new annual Saver Period will commence in month 13. The Maximum Monthly Threshold will be £500 for month one of the new period, increasing by £500 monthly as before.
- You can still continue to save in your Regular Saver Account. Any balances previously saved will be included against the threshold allowances for the new annual Saver Period or, why not talk to us about moving some of your money into another product, e.g. AIB (NI) Cash ISA.
- If there are not available funds in your account to make your regular payment/standing order before your payment date, the regular payment/standing order will not take place. If this happens for three consecutive months the payment may be cancelled and you will have to set up a new payment instruction.
How much interest do I get?
Interest is calculated daily and paid annually on the 1st working day in April. Interest rate is subject to change with at least two months notice given to customers.
Regular Saver Account Summary Box
This summary box sets out key product features that apply to our Regular Saver Account. You should carefully read this document along with the Regular Saver Account Terms and Conditions to allow you make an informed decision as to whether this product is right for you.
If you require this summary box in PDF format, please download here.
Talk to Us
We’re ready to help you start saving today.
Simply call us on 0345 6005 925† , or drop into any AIB branch. We’ll be happy to answer any questions you may have and help you find the right kind of savings account for you.
† Lines open: Monday - Friday 09:00 - 17:00(except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.
Help and Guidance
Terms and conditions
View the Regular Saver account terms and conditions
Savings calculator
Find out how even the smallest amount of regular savings will add up
Deposit rates
Find out more about our deposit account rates
Help Centre
For all service related queries please visit our Help Centre.
Important information about taxation
Find out how we apply tax on savings in line with current legislation.
Financial Services Compensation Scheme
Check what protection the Financial Services Compensation Scheme offers you.
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AIB Group (UK) p.l.c. is covered by the Financial Services Compensation Scheme, Financial Ombudsman Service and is a Registered Firm with The Lending Standards Board.
The AIB logo and AIB (NI) are trade marks used under licence by AIB Group (UK) p.l.c. incorporated in Northern Ireland. Registered Office 92 Ann Street, Belfast BT1 3HH. Registered Number NI018800. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.