Award winning easy access savings account offering 1.42% AER variable

Written by Editorial Team
Last updated: 26th May 2019

Award winning* easy access savings account…

“With UNLIMITED ACCESS and one of the UK’s TOP INTEREST RATES OF 1.42% AER variable, the Freedom Savings Account from RCI Bank is a great choice. It is also our most popular Easy Access account, and here’s why:

•   Offering 1.42% AER variable
•   Award winning* for new and existing customers

•   Unlimited, penalty free withdrawals
•   Save from just £100 minimum deposit
•   No fees or bonus periods
•   7 days a week UK base call centre

Since the introduction of the Personal Savings Allowance, basic rate tax payers can earn up to £1,000 per year interest before paying tax (higher rate tax payers car earn £500). This means the interest earned by many savers is tax free. So why not make the most of it…?”

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Oliver Roylance-Smith, head of savings and investment

RCI Bank is part of the Renault global banking group and so the first €100,000 equivalent is protected by the French deposit guarantee scheme (FGDR) rather than the UK FSCS.

Product details: Easy access savings account paying 1.42% AER variable. Pay in from £100 up to £1m and keep your account open with as little as £1. No penalties, interest rate tiers, fees or notice periods. Unlimited payments and withdrawals. Interest paid monthly or annually. RCI Bank is part of the Renault global banking group and so savings are protected by the French deposit protection scheme (FGDR) rather than the UK FSCS. Account can be opened and managed online. This account is available to UK residents aged 18 or older.