No notice period. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the FSCS
Instant access to your savings. Unlimited deposits and withdrawals. Interest paid monthly, either to a linked current account, or adding it to your Online Flexi Saver account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Must have a linked UK current account. Your eligible deposits with Investec Bank are protected up to a total of £85,000 by the FSCS
Save from £1. Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £500,000. Open and manage account online. FSCS Protected. Must be UK resident. Must be aged 16 or older
Choose monthly or annual interest payments. Unlimited deposits and withdrawals. 24/7 access to your savings. Open and manage online. After 12 months the rate will revert to the underlying rate, currently 1.45% gross/AER variable. Post Office Online Saver is provided by Bank of Ireland UK. FSCS protected
Unlimited withdrawals subject to 95 days notice. No notice period. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the FSCS
The interest rate tracks the Bank of England (BoE) Base Rate. Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month. Open and manage account online. Your eligible deposits are protected up to £85,000 by the FSCS. The maximum deposit you may pay into any one OakNorth Account is £500,000. The maximum amount (excluding the interest) that you will be allowed to hold on deposit with OakNorth Bank across multiple accounts is also £500,000. Unlimited withdrawals, subject to 95 days notice. Available to individuals only
Unlimited deposits and withdrawals. Interest paid monthly: can be added to your Notice Saver or paid to your linked account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Withdrawals subject to 90 days notice. Must have a linked UK current account
All funds deposited into the RCI Bank E-Volve Savings 14 Day Notice Account will be used to fund pure electric vehicles and charging facilities. Interest paid monthly or annually. Manage account online. UK-based support, seven days a week. Unlimited withdrawals subject to 14 days notice. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the FSCS
3 penalty-free withdrawals in a 12 month period. 4.72% AER/4.62% gross (3.82% AER/3.75% gross + 0.90% AER/0.87% gross 12-month boost). Interest paid monthly. Deposit and withdraw almost instantly. No fees or charges for holding account. FSCS eligible on your deposits. 3.62% AER/3.55% gross if 4 or more withdrawals are made within 12 months (on boosted rate). 2.72% AER/ 2.68% gross if 4 or more withdrawals are made within 12 months (without 12 month boost). Must be UK resident. Must be aged 18 or older
This current account is a great all-rounder and particularly good for those who frequently travel around Europe due to the free European transactions. You won’t be charged for taking cash out in European countries or using your card.
Metro Bank also offer excellent competitive rates for the rest of the world (2.50%) allowing you to save as you travel. They also add that if you use your card abroad, then any foreign currency transaction would be converted into sterling on the day it’s paid out of your account.
This account is suitable for busy people who find the normal banking hours difficult to work around. This is due to the fact that Metro Bank are open 7 days a week and work from 8am-8pm. They don’t require appointments so it’s very much a walk-in service. They offer simple and hassle-free switching and will provide you with a bankcard and a cheque book on the day you walk in, so there is no need for seven day waits as is often the case. Metro Bank deliver a straight forward service that covers everyday banking and has all of the usual expectations of a current account such as:
Internet Banking
Excellent Customer Service
Ability to set-up payments, Direct Debits and make transfers.
Metro Bank do not charge a monthly fee nor is there a minimum pay-in per month which sets it apart from a lot of other banks at the moment.
Overdraft and Fees:
An overdraft is available upon request, depending on your circumstances, and is charged at 15% EAR (variable). This is one of the better rates on the market but it does not come with an amount at 0% like a lot of other banks.
However, if you don’t have enough money in your account to make a payment they will extend an arranged overdraft and make the payment but this will incur a charge of £10. If you decide not to make the payment you will still incur the £10 fee. They do not make more than six of these charges in one month. They also state that if a deduction of interest causes your account to become overdrawn or goes over your planned overdraft then they won’t charge the £10 fee but will instead charge interest on the new balance. As they process all Direct Debits, standing orders and dated payments in the morning they will let you know if you do not have the amount ready to cover the payments via text message. If you pay the money in before 2am then they will reissue the payment and you won’t be charged.
Metro Banks also offer a range of savings accounts, such as a:
Fixed Savings Account
A savings account for money you don’t need too often.They offer a fixed rate of interest between 0.90% and 1.20%. The rate of interest is fixed so you will know what you’re accumulating. With this option you are able to choose how long you want to put your money away for. Options include: 1 year, 18 months or 3 years. Instant Access Savings
A more flexible savings option allowing you to save what you want, when you want and you will be able to get instant access to your cash if you need to. You will be able to boost your savings with 0.40% AER interest. Start earning interest on as little as £100. You will be able to access your savings anytime online, over the phone or in one of the branches. Overall, Metro bank offer a convenient option with some perks for people who travel often.
