Our easy access savings account offers a great rate, plus freedom over your savings. So you can start the year as you mean to go on.

Open an account today with us

"What a breeze that registration process was for my new savings account - it was great."
Rachel, Aberdeen - RCI Bank customer

Freedom Savings Account

With one of the UK's top rates, unlimited access and 7 day UK service, we hope you'll be able to focus on your savings with our Freedom Savings Account.



Whether you're saving for a large purchase or looking for a new home for your savings, the Freedom Savings Account from RCI Bank gives you the freedom to focus on life.


And with deposits protected up to £85,000 through the Financial Services Compensation Scheme (FSCS), you can focus on the more important things in life.


Competitive easy access savings rate
Free, unlimited payments and withdrawals
No penalties, tiers, fees or notice periods
Pay in from £100 up to £1m
Interest paid monthly or annually
7 days a week UK support
Protected by the FSCS compensation scheme
Trusted by more than 75,000 customers across the UK
Apply in minutes
Our rates and charges

The rate of 1.42% AER variable gross is available to new and existing customers and is free from fees, notice periods, penalties, bonus periods and tiered rates. 


The account is free to use and you can make unlimited payments and withdrawals for free.


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.





Savings calculator
What could your savings earn?

Important information

  • The Freedom Savings Account is available to UK residents aged 18 or older. 
  • You need to pay in and out through a linked UK current account.
  • Your first payment must be at least £100.
  • Keep your Freedom Savings Account open by maintaining an account balance of at least £1.
  • Payments: The way we process payments can take a couple of working days - check our terms below or our FAQs for details.
  • Existing customers can check their current rate here.

Important documents
The terms and conditions of our relationship
Managing your account
The important account summary and Summary Box, summarising your Freedom Savings Account