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Rci Bank Increases Rates Across Fixed Term Accounts

  • Interest rates on all three of RCI Bank’s fixed accounts has increased today

The award winning* savings provider RCI Bank has today announced rate increases across all three of its fixed rate accounts, effective from today.

It’s one year fixed rate increases from 1.31% to 1.46%; its two year fixed rate increases from 1.55% to 1.71%; and its three year fixed rate increases from 1.70% to 1.86%.

All three of the bank’s fixed rate accounts can be opened by all UK residents aged 18 years and over from as little as £1000 minimum. The account boasts both annual and monthly interest options, as well as unlimited top-ups for the first 30 days from account opening. Customers are supported by a dedicated UK based customer service team open seven days a week and 24/7 online access to their accounts.

Jean-Louis Labauge, CEO of RCI Bank, commented: “Since launching in June 2015, we have remained committed to offering simple savings products and leading rates for our customers. We are excited to offer UK savers with a stronger fixed term offering as we hope more savers are looking towards the long term in regards to their financial planning and boosting their nest eggs.”

Savers are protected under the French guarantee scheme, FGDR, up to the value of €100,000.

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