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After reading a number of posts on the MoneySavingExpert forums and the popularity of my mortgage calculator, I thought it would be worthwhile to create a Regular Savings calculator.

The Richest Man in Atherstone's Regular Savings Calculator

Regular Savings accounts offer a very good interest rate (7 or 8% to 12%pa) for savers that are willing to deposit a minimum amount into it every month. There are usually several restrictions with these accounts such as penalties for making withdrawals and maximum monthly payment limits. However, if you have a few grand that you want to maximise the interest earnings on and can afford to tie it up for a year or 2 risk-free, these accounts offer the best rates available.