Available for both new and existing customers, the 95-Day Notice Account interest rate has increased to 1.55% AER Gross, whilst the increased Fixed Term rates, available for new customers, are as follows:
Product |
New Rate |
One year Fixed Term Account |
2.05% AER Gross |
Two year Fixed Term Account |
2.45% AER Gross |
Three year Fixed Term Account |
2.50% AER Gross |
Four year Fixed Term Account |
2.55% AER Gross |
Five year Fixed Term Account |
2.60% AER Gross |
All RCI Bank accounts can be opened by UK residents aged 18 years and over, and both the Fixed Term and 95-Day Notice Accounts require £1,000 minimum deposit. While the call centre is based in the UK and available seven days a week, accounts can also be managed online and via the RCI Bank app, offering customers the freedom to manage their own finances. T&Cs apply please visit - www.rcibank.co.uk/savings-accounts
Tafari Smith, Head of Savings, RCI Bank: “Across all our products this rate rise marks our second in as many weeks, and our second increase on both the 95-Day Notice account and our full Fixed Term range in the last month. With inflation continuing a pace, as we saw last week with the rate of inflation hitting a 40 year high of 9%, and the rising cost of living, our hope is that these new rates will help give what people have managed to put aside a bit of a boost, at a time when many will be feeling the squeeze financially.”
Hello,
We’ve scheduled maintenance on RCI Bank’s website on Thursday 24th October from 5.30pm to 7.30pm. During this maintenance window, there is no expected downtime however if you experience interruption during your session then please refresh your internet browser to restore your session