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Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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Save and donate, month by month
This account is available to the volunteers and colleagues of St David's Hospice Care only.

Interest Rate AER / Gross - Variable:  6.00%

Minimum Balance: £1

Minimum / Maximum Regular Deposit: £1 minimum - £200 maximum per month.

Open your account: In Branch or Agency only.

You must be:

  • At least 16 years old.
  • A UK resident (excluding Northern Ireland).

Suitable for you if: 

You would like to invest small and regular amounts over a 12-month fixed term.

You have between £1 and £200 available to open the account.

Not suitable for you if:

red_cross You would like to deposit a lump sum of more than £200.

Additional Information:

  • Accounts are limited to 1 per customer. This can be sole or joint.

Click below to expand the St David's Hospice Care Regular Saver Summary and Terms and Conditions.

What is the interest rate?
  • 6.00% AER/Gross is the total interest of this account.
  • 5.00% AER/Gross is what you will earn on your savings.
  • The remaining 1.00% if the amount of interest paid to the Society's Charity Of The Year. *
  • The interest rates are variable, which means the rates can go up or down.
  • Interest is calculated daily and paid at the end of the 12 month term.
Can Monmouthshire Building Society change the interest rates?
  • Yes, the interest rates are variable.
  • We can change the rates at any time if we feel it’s needed, this is in line with our General Terms and Conditions for Savings Accounts.
  • If we put the rates up, this is shown on our website, and information will be available in our branches and agencies.
  • If we put the rates down, we’ll let you know as soon as we can - with at least 14 days’ notice.
What would the estimated balance be after 12 months based on a deposit of £200 every month for 12 months?
  • £2,464.85 illustrates the estimated balance in your account.
  • £12.97 illustrates the estimated interest paid to the Society's Charity Of The Year.
  • Based on £200 being paid into the account each month for 12 months, with your first payment being on the day you open your account, and the interest rate doesn’t change.
How do I open and manage my account?

Who can open

  • This account can be opened by St David's Hospice Care volunteers and colleagues only.
  • You must be aged 16 or over.
  • You must be a UK resident (excluding Northern Ireland).

How to open

  • Branch or agency
  • Online
  • Via the app

Minimum

  • The minimum balance is £1.

Maximum

  • The maximum you can pay in is £200 each month.
  • The maximum balance of this account is £2,400.
  • The maximum that a member can invest with Monmouthshire Building Society across all accounts is £2,000,000.

How to manage

  • Online (through My Accounts), in branch or agency, or via the app.
Can I withdraw money?
  • Yes, you can make withdrawals from your account without giving notice or incurring a penalty.
  • Keep in mind you may not be able to replace what you withdraw. This is because of the monthly deposit limits.
Additional Information
  • At the end of the term, this account will automatically switch to the Society's Easy Saver or the nearest equivalent available at that time. We will contact you as a reminder nearer the time.
  • The gross rate means before tax.
  • You only pay tax on savings above your Personal Savings Allowance. Visit www.hmrc.gov.uk for more information.
  • AER is the Annual Equivalent Rate and shows what the rate would be if interest was paid and added on each year.
  • Rates and information correct from the 01 April 2026.

It is important that you read the following before deciding to open an account:

St David's Hospice Care Regular Saver Summary

General Terms and Conditions for Savings Accounts

Other Important Information:

FSCS Information Sheet

Savings Service Tariff

Important Information About Your Personal Data

My Accounts Terms and Conditions

Savings terms:

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest were paid and added to your account each year.

Gross is the rate of interest payable before any tax is taken off.

Fixed interest means the rate stays the same until the account matures.

Variable interest means the rate can go up or down at any time. We will always publish our rate changes and give you with at least 30 days notice if the rate on one of your accounts is due to go down.

Tax-free means you will not pay any tax on your interest.

Tax year runs from 6 April to 5 April.

Business day is Monday to Friday excluding bank holidays.

 

The information provided in the summary box is a summary of the key features of the St David's Hospice Care Regular Saver and is not intended to be a substitute for reading the terms and conditions above that apply to the account.

Next Steps

If you have read and understood all the information provided, and you would like to apply for a St David's Hospice Care Regular Saver, please visit one of our branches or agencies.

FSCS Protected