Lock your money away and watch it grow
In 2017, Al Rayan Bank was named as the UK’s best Fixed Account Provider by Moneyfacts - the country’s leading independent financial data provider, which compiles Best Buy tables to advise people of the best deals available.
Fixed Term Deposit accounts (FTDs) typically pay the highest rate of profit because you agree with the Bank beforehand not to access your money for a certain (fixed term) period of time. The general rule is, the longer you can lock your money away, the more profit you will earn.
If you’re interested in saving with us and have a minimum of £1,000 to invest, you might want to consider a Fixed Term Deposit account, and benefit from some of the UK’s highest rates of return.
We have a selection of Fixed Term Deposit accounts over 12, 18, 24 and 36 months. We also offer two ISA products – a 12 month FTD Cash ISA and a 24 Month FTD Cash ISA.
The table below shows the latest profit rates you can expect for each of these accounts.
|Term||Expected profit rate||When profit is reinvested||Min deposit|
|12 Month FTD||1.85%*||1.86%**||£1,000||Find out more|
|18 Month FTD||1.90%*||1.91%**||£1,000||Find out more|
|24 Month FTD||2.00%*||2.02%**||£1,000||Find out more|
|36 Month FTD||2.15%*||2.17%**||£1,000||Find out more|
|12 Month FTD Cash ISA||1.35%*||1.35%**||£1,000||Find out more|
|24 Month FTD Cash ISA||1.70%*||1.70%**||£1,000||Find out more|
*Gross p.a. Terms & conditions apply.
**Where profit is reinvested and paid on maturity.
You can open a Fixed Term Deposit account online, by phone, in branch or by post.
You can find out more information about this, or any of our other savings accounts here. To discuss your savings needs, or how you can make your savings work harder for you, please ring our Customer Services team on 0800 408 6407, who will be happy to help you.