Best fixed monthly saver

Eco_Miser

Groundhog22 said:

Sorry for my lack of clarity 
I want to pay in a monthly amount (£400) over a long term that’s not easy access , thank you 

Most accounts that are not easy access are fixed term - which means locking up your money with no access at all for one to five years, which doesn't sound like what you want either if you are self-insuring, and don't allow monthly subscriptions. Fixed term ISAs allow withdrawal or closure with a penalty that may exceed the interest gained.

An alternative is a notice account, which require from 30 to 120 days notice to withdraw, discussed at 

https://forums.moneysavingexpert.com/discussion/6370428/notice-accounts#latest  (last post 10 November)

I think your best option is to feed one or two Regular Savers each month, moving the proceeds to a long term account (or playing the RS game by opening more and more Regular Savers and feeding them from the maturing accounts) and opening another Regular Saver when they mature

nottsphil

Groundhog22 said:

Sorry for my lack of clarity 
I want to pay in a monthly amount (£400) over a long term that’s not easy access , thank you 

But in the OP you said "with a view to keeping these monies for medical stuff if needed". So which is it? 

Kim_13

Stafford Building Society have a Regular Saver with an indefinite term that will take up to £1,000, but it's not the best rate in the world (soon to reduce to a little over 4%.) As far as not easy access goes, only 4 withdrawals are allowed in each 1st November - 31st October period and it has a passbook which is required to be posted in for a withdrawal, reducing the temptation to dip in.

You might also consider Family Building Society's Market Tracker Saver, 20 withdrawals per year allowed but as per the conditions of the account they can only move the rate quarterly. It won't be the best rate as it takes an average of the Easy Access market, but it is a fair rate for those who don't want to have to keep changing accounts.