Melton Building Society

Savings Interest Rates, Switch Offers and Guides for Melton Building Society

Best rate

4.60%

AER

Savings rates

All rates AER · Updated August 2026

Easy AccessNoticeFixed RateCash ISALimited AccessChildren's Savings

Instant Access Share

0%1%2%3%4%

Rates shown are AER and correct as of August 2026.

Fixed Rate

Account	AER	Term	Interest paid	Min balance
Fixed Rate	4.60%	Matures 15.08.2029	Annually	£1,000
Fixed Rate	4.55%	Matures 16.08.2028	Monthly	£1,000
Fixed Rate	4.50%	Matures 15.12.2027	Annually	£5,000

Cash ISA

Account	AER	Access	Transfers in	Min balance
Fixed Rate ISA	4.50%	Matures 24.09.2031	Accepted	£1,000
Fixed Rate ISA	4.40%	Matures 20.09.2028	Accepted	£1,000
Fixed Rate ISA	4.35%	Matures 22.09.2027	Accepted	£1,000
Easy Access ISA	3.50%	Instant	Not accepted	£1
180 Day Notice Cash ISA	3.20%	180 Days	Accepted	£25
100 Day Notice Cash ISA	2.75%	100 Days	Not accepted	£25
30 Day Notice Cash ISA	2.50%	30 Days	Not accepted	£25

Notice Account

Account	AER	Notice period	Interest	Min balance
180 Day Notice Account	3.45%	180 Days	Variable	£500
90 Day Notice Account	1.95%	90 Days	Variable	£100
30 Day Notice Account	1.71%	30 Days	Variable	£100

Limited Access

Account	AER	Access	Interest	Min balance		Details
Limited Access Saver	3.25%	Limited to 3 withdrawals/year	Variable	£1,000

Children's Savings

Account	AER	Access	Interest	Min balance		Details
Wild Ones Young Savers	3.04%	Instant	Variable	£5
Young savers	2.50%	Instant	Variable	£5

Easy Access

Account	AER	Access	Interest	Min balance		Details
Instant Access Share	1.00%	Instant	Variable	£1

Switch offers

Melton Building Society does not currently have a live switch bonus in our database. Check the status page for history and alternatives.

AI overview by Penny

Who they are

Melton Building Society is based in Melton Mowbray, Leicestershire, and has been around since 1875. It is a mutual organisation owned by its members - which matters for savers, because being a mutual means it does not have to pay shareholder dividends, so it can share the results of its success through higher interest rates for savers and better services. Its roots are firmly in the Melton Mowbray area, with local branches in Melton, Grantham, Oakham, Stamford and Bourne. A genuine community institution, then - not a digital challenger or a big-bank subsidiary.

Savings accounts

Melton offers a broad range of accounts, from easy access through to fixed rates and Cash ISAs. Their fixed-rate bonds currently go up to 4.60%, with a minimum of £1,000, and the Fixed Rate ISA range reaches 4.50% - also from £1,000. If you want flexibility, the Easy Access ISA pays 3.50% with no minimum to speak of, while the Limited Access Saver pays 3.25% (variable) with up to three withdrawals a year from a £1,000 minimum. Notice accounts sit between those poles - the 180 Day Notice Account pays 3.45% from £500. There are also two children's accounts, including the Wild Ones Young Savers at 3.04%, both accessible from just £5.

All accounts listed here are protected up to £120,000 per depositor under the FSCS - notably higher than the standard £85,000 limit you see at most banks, which reflects Melton's building society structure.

Is it right for you?

Melton suits savers who value a proper mutual - personal service, branch access, and no shareholder pulling rates in the wrong direction. The fixed-rate and ISA range is genuinely competitive. The trade-off is that this is a smaller, regional society, so the online and app experience may not match the big digital players, and some accounts may need to be opened in branch or by post.

There are no current switch bonuses or introductory bonuses to factor in - rates here are what they are, with no temporary top-ups to watch out for.

Check the live rates shown on this page for the latest figures, as all savings rates can change at any time.

This overview was generated by DepositScout's AI, Penny on 25 July 2026. It may contain inaccuracies — always confirm rates and terms with Melton Building Society directly. Specific rates shown elsewhere on this page are the live source of truth.