RCI Bank

RCI Bank

4.70
%
AER
3 years | GBP
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  • FSCS protects deposits up to £85,000 per person

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4.70 % AER
3 years
fscs.org.uk

About RCI Bank

RCI Bank was launched in the UK in 2015 and is regulated by the FCA and PRA. RCI Bank offers UK savers transparent, simple accounts and great service.

Bank details

Headquarters: Rickmansworth
Year established: 2015

Security and deposit guarantee

Deposits held with RCI Bank UK Limited are protected by the Financial Services Compensation Scheme (FSCS). The FSCS is the United Kingdom’s statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit. Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.

Who is Raisin?

We are the UK savings marketplace for Raisin, one of Europe’s most successful technology-led financial services companies. We want to get Britain saving, so we connect savers with a range of banks and building societies offering deposit-protected savings accounts with competitive interest rates.

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.