RCI Bank E-Volve Savings 14 Day Notice Account
The way you can save can drive real change
Save your money using an RCI Bank E-Volve Savings account to support the effort to finance electric vehicles, whilst receiving a rewarding rate.
The way you can save can drive real change
Save your money using an RCI Bank E-Volve Savings account to support the effort to finance electric vehicles, whilst receiving a rewarding rate.
Account Name | RCI Bank E-Volve Savings 14 Day Notice Account | ||||||
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Additional Information |
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We know a key area of combatting climate change is to help reduce greenhouse gas emissions caused by petrol and diesel vehicles. The RCI Bank E-Volve Savings 14 Day Notice Account supports the lending to help UK drivers transition to environmentally cleaner electric vehicles. All deposits collected through the RCI Bank E-Volve Savings 14 Day Notice Account will be used to fund electric vehicles financed through RCI Bank’s affiliated businesses Mobilize Financial Services and Nissan Financial Services.
Deposits held across all RCI Bank's products are protected by the FSCS protection scheme (up to a total of £85k per person). As well as this security, by opening our E-Volve Savings account you will benefit from a rewarding rate whilst also supporting the UK’s evolution to zero-emission electric vehicles.
* Funds deposited into the RCI Bank E-Volve 14 Day Notice Account will initially be used to fund pure electric vehicles. However, we will look at opportunities to expand into other environmentally sustainable transportation projects as covered by UK legislation. For more information on how we intend to use these deposits and to understand the frameworks we are working within, please open and read the ACCOUNT SUMMARY document at the bottom of this page. You can also find out more information by viewing the RCI Bank E-Volve Savings video or by visiting our FAQs page.
Enter an amount into the calculator and learn more about what interest your savings could earn
The rate shown is available to new and existing customers and is kept the same for notice accounts opened and funded within 14 days of application
The account is free to access and use, and allows you to make as many deposits and withdrawals as you like. Withdrawals are subject to a 14 day notice period
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year
Gross is the interest rate you’ll receive before tax is deducted
Notice Savings Accounts are available to UK residents aged 18 or older who have the right to reside indefinitely within the UK
You can't make any withdrawals without giving 14 days' notice
You need to pay in and out through an RCI Bank savings account or a 'linked' UK current account. You can link a UK current account when you apply. You need to pay in and out through an RCI Bank savings account or a 'linked' UK current account. You can link a UK current account when you apply. Please note that you cannot nominate an account held with electronic money institutions or payment institutions (e.g. Prepay Technologies, Loot, Pocket, Revolut, Tide, TransferWise or similar providers)
If you're not happy with the account, you have a cooling off period of 14 days to cancel your account
All funds deposited into the E-Volve Savings account will be used exclusively for the purpose of financing electric vehicles and charging points