Teachers Building Society

United KingdomUnited Kingdom(AA)

Deposit amount: Min. £100 – Max. £85,000

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

logo of Teachers Building Society

Top offer from this bank

3.25% AER

Notice period:
90 days

Account information

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Rate
Notice period
Deposit Guarantee
Product Type

Rate

2.63% AER

Duration

Easy access

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Easy access

Product Type

Easy access

Rate

2.99% AER

Notice period

35 days

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Notice

Product Type

Notice

Rate

3.25% AER

Notice period

90 days

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Notice

Product Type

Notice

Top offer from this bank

3.25% AER

Notice period:
90 days

Bank Details

Teachers Building Society was founded in 1966 by the National Union of Teachers (now the National Education Union) to help teachers and other education professionals onto the property ladder and provide a safe haven for their savings. Today, the Teachers Building Society offers a wide range of mortgage options to teaching professionals as well as a variety of competitive savings options which are available to all. As a mutual organisation, Teachers Building Society is run solely for the benefit of their members, rather than shareholders. This means that instead of paying dividends to shareholders, they invest their profits back into the products and services they offer, ensuring that their mortgage and savings rates are as competitive as possible. The FSCS protects deposits made into savings accounts offered by Teachers Building Society through our marketplace, and Teachers Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct 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.