I'd not know but surely if you wanted to you could always put the lump sum into an account with a Standing Order transferring a monthly payment ? You'd have to check interest available on the reducing lump sum though.
Thanks miller- I am still not sure why you are looking at a monthly savings plan. Do you mean a monthly savings plan or do you mean a monthly income plan where you invest your lump sum and then receive monthly interest payments which you can use to buy your strips
I'm diabetic, but I'm an age where I don't pay for them, so I don't know how much you are being charged. I'm surprised you feel that to pay for them you have to take out a savings account!
But, if you need to take one out check out the highest interest accounts in the Money Saving Expert site.