Regular Saver (Issue 3)


Key Product Information

Account Title

Regular Savings (Issue 3)

What is the interest rate?

Current Interest Rates (Effective from 1st of January 2018)

Savings of Gross AER Net
£10+ 2.25% 2.25% Paid Gross

If a monthly payment is missed, a nominal interest rate of 0.10% Gross will apply for the whole term. 

Interest, payable on maturity, can be added to the account, transferred to your bank account, or transferred to an existing Holmesdale savings account (subject to the terms and conditions of the receiving account).

Can the Holmesdale Change the Interest Rate?

The interest rate is variable, which means we reserve the right to change it to reflect market conditions, to comply with legal or regulatory guidelines and to protect the long-term future of the Society. We will give you thirty days' notice before any changes that would disadvantage you. For full details please read our Savings Terms and Conditions

What would the estimated balance be after 12 months?

Based on the current rate of interest:


If you deposit £100 on the 2nd of each month, after 12 months you would have £1,214.68


(These figures are only an estimate, based on there being no withdrawals, or rate changes in that time with all interest being added to your account. This figure is for illustrative purposes only, and does not take into account your personal circumstances.)

How do I manage and open my account?

This account is only for individuals aged 16 or over who are resident in the UK. Only one Regular Saver (issue 3) account is permitted per person during its one year term.


This account can be opened with a minimum of £10 and a maximum of £250. To qualify for the current rate of interest, a Faster Payment or Standing Order of between £10 and £250 must credit the account each month. The maximum that can be held in this account is £3,000.


More than one monthly payment may be received providing the combined amounts do not exceed £250.


To open an account, simply complete an application form (available at the bottom of this page or at our branch). Manage your account by visiting our branch, or by forwarding your written instructions to us. You may view your account online by registering for our online service, 'My HBS'.

Can I withdraw money?

Fixed Term account - this account is fixed for 1 year and withdrawals are not permitted during this period until the maturity date on the anniversary of the account's inception

 Additional Information

The account document for this account is a statement which will be issued at maturity, or on demand


We will write to you at least one month before maturity to give you your maturity options. The current maturity option is a product switch to a Regular Savings (Issue 4) but other options are available


If no maturity instructions are received, the account will automatically transfer to an Easy Access account upon maturity, and the Easy Access Terms and Conditions will apply


This is a summary of the key features of this account. You will still need to read the savings terms and conditions.

Previous Interest Rates (Effective from 6th of April 2016)

Savings of Gross AER Net
£10+ 2.00% 2.00% Paid Gross

How To Apply

Opening an account with the Holmesdale Building Society could not be easier – simply read through our Terms and Conditions, complete an application form and take or post it to our office along with your initial investment. We will verify your identity electronically, however further identification may be requested. Click here for details of our identification requirements.

To discuss your requirements you can request a call back and we'll ring you to talk things through. Alternatively, call us on 01737 232320   to speak  with  our savings  team   or visit our office.

Request Call Back
Download Application Form