1 year | GBP
  • EDGS protects deposits up to SEK 1,050,000 per person

All offers from HoistSavings

0.12 % AER variable
Easy Access
0.71 % AER
1 year
0.86 % AER
2 years
1.40 % AER
3 years
1.45 % AER
4 years
1.50 % AER
5 years

About HoistSavings

HoistSavings is the savings arm of Hoist Finance, and all eligible deposits made into HoistSavings savings accounts are protected by the Swedish deposit guarantee scheme, and up to a total of SEK 1,050,000 per person, per institution.Hoist Finance, founded in 1994, is a Swedish financial institution listed on the Nasdaq Stockholm stock exchange under the supervision of the Swedish Financial Supervisory Authority, offering deposit accounts covered by the Swedish deposit guarantee scheme. Hoist Finance is a trusted debt resolution partner to individuals, companies, and banks in eleven European countries. With over 1,700 dedicated colleagues, smart digital solutions, and a deep understanding of individual financial circumstances, we help over six million customers keep their commitments. Hoist Finance has a diverse portfolio of asset classes and our online savings platform in Sweden, UK and Germany enables our unique funding model.

For more information, please see: https://www.raisin.co.uk/swedish-deposit-protection-scheme/

Bank details

Headquarters: Stockholm
Year established: 1994

Security and deposit guarantee

Deposits held with Hoist Finance AB are protected by the Swedish Depositor Compensation Scheme. Each eligible customer, as defined by the Deposit Insurance Act, is entitled to compensation for the amount deposited plus accrued interest on his or her account(s) with the bank up to a up to a maximum of the GBP equivalent of SEK 1,050,000 at the time of the compensation case. This equates to around £89,000 however the maximum deposit size for this product is limited to £75,000, well below the compensation limit’s maximum.

Who is Raisin?

At Raisin UK, we have one mission; to help you save time and make money. In Europe, Raisin has already helped over 150,000 consumers get competitive rates on their savings and now we're shaking up the UK savings market.

The Raisin UK savings marketplace is designed to provide savers with an easy way to apply, manage and fund savings products - all with attractive rates.

By registering for a Raisin UK Account, you'll only ever need to fill in one application form to enjoy simple one-click funding on a range of savings products from our partner banks.