Halcyon Money

United KingdomUnited Kingdom(AA)

Deposit amount: Min. £1,000 – Max. £85,000

Protection limit: Up to £85,000 payout in GBP

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Top offer from this bank

4.12% AER

Term:
1 Year

Account information

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Rate
Duration
Deposit Guarantee
Product Type

Rate

4.12% AER

Duration

1 Year

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Rate

4.01% AER

Duration

3 years

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Top offer from this bank

4.12% AER

Term:
1 Year

Bank Details

Halcyon Money is part of Transave UK Credit Union, a not-for profit financial cooperative. Being a mutual organisation is what sets us apart because we don’t have shareholders or investors to pay. Instead, we’re 100% owned by our members and can focus on ensuring that they benefit from the services we provide. Our goal is not profit at all costs; it’s doing the right thing. We show this by providing highly competitive financial products that deliver an outstanding return to members. We also believe in being transparent and fair in all we do. Established in 1996, Transave is one of the UK’s leading credit unions and is regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Security & Deposit Protection

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £85,000 per person, per bank. The FSCS’ £85,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

Who is Raisin?

We are the UK savings marketplace for Raisin, one of Europe’s most successful technology-led financial services companies. We connect you with a range of banks and building societies offering deposit-protected savings accounts with competitive interest rates, making it easier for you to grow your money. Using our savings marketplace is simple. By registering for a Raisin UK Account, you'll only ever need to fill in one application form. Then you can browse, apply for and fund a range of savings accounts, and manage everything under one roof. No paperwork or endless passwords to remember - just a free, easy way to grow your savings.