RCI Bank Freedom Savings Account - RCI Bank

RCI Bank Freedom Savings Account

RCI Bank
1.3 % AER
Headline Interest Rate
Easy Access
FDGR
Compensation Scheme
£ 100 min initial deposit
£ 1,000,000 max balance
  • Open By:
High interest rate
Online only
Savings protected by French deposit scheme, not FSCS

About the account

Account Type: Easy Access
Headline Interest Rate: 1.3 % AER
Headline Interest Balance: £ 100
Protection Scheme: The French deposit guarantee scheme (the FGDR, or Fonds de Garantie Dépôts et de Résolution) pays compensation to depositors up to a maximum amount, currently set at €100,000. The FGDR's investor compensation scheme becomes effective when the ACPR (Autorité de contrôle prudentiel et de résolution - the french financial regulator) determines that the service provider is no longer able to return to its customers the securities and associated cash entrusted to it.
Minimum Initial Deposit: £ 100
Date account was introduced: 10 Jun 2015
Date of last rate changed: 10 Jun 2015
Maximum rate change: 0.1 %

This account may be appropriate for you if

  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£1001.30%1.30%1.30%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually, monthly
Minimum Balance: £ 1
Maximum Balance: £ 1,000,000
Statement Frequency: on-line
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Minimum Withdrawal: £ 1

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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