Wyelands Bank Plc

Wyelands Bank Plc

Up to £100 Bonus
  • FSCS protects deposits up to £85,000 per person

All offers from Wyelands Bank Plc

About Wyelands Bank Plc

Wyelands Bank Plc is an independently managed British bank established in 2016. They offer competitive savings products while also helping industrial businesses trade and grow with business finance solutions.

Wyelands Bank’s diverse expertise puts them in good stead to help UK savers make the most of their savings.

Deposits made into savings accounts offered by Wyelands Bank through our marketplace are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per person, per banking group.

Bank details

Year established: 2016

Security and deposit guarantee

The United Kingdom of Great Britain and Northern Ireland is the largest island state in Europe and is one of the most populous nations in the European Union with around 64 million people. The national currency is the British Pound (GBP). The United Kingdom has one of the strongest privatized economies in the world, evidenced by the fact that it has the third largest Gross Domestic Product in Europe – and the sixth largest globally. The UK is one of the few states with the highest rating (AAA), as assessed by the credit rating agency Standard & Poor’s, amongst others. London, Britain’s capital city and metropolitan area, has been the world’s top financial center for decades.

Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. 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.

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.