1.26
%
AER
1 year | GBP
  • FSCS protects deposits up to £85,000 per person

All offers from Zenith Bank (UK)

0.45 % AER
6 months
fscs.org.uk
1.26 % AER
1 year
fscs.org.uk
1.57 % AER
2 years
fscs.org.uk
1.82 % AER
3 years
fscs.org.uk

About Zenith Bank (UK)

Headquartered in London, Zenith Bank (UK) Ltd was authorised by the FSA in 2007 and has embraced and promoted online banking. Zenith Bank (UK) is the UK subsidiary of Zenith Bank PLC which was founded in 1990.

The FSCS protects deposits made into savings accounts offered by Zenith Bank (UK) through our marketplace, and Zenith Bank (UK) Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Bank details

Headquarters: London
Year established: 2007
Number of customers: 10000

Security and deposit guarantee

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.

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.

Timescales for the return of your money can vary between different banks and banking groups. This bank holds funds under a direct model. Funds held directly by the bank are usually returned within 2-3 days.

Who is Raisin?

We are the UK savings marketplace for Raisin DS, 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.