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Why choose Rafidain Bank?

Why choose a Rafidain Bank current account?

Banking from a building society?  6 very good reasons why it makes sense

We’re the world’s largest building society

Over 160 years ago we opened our doors as a building society. Run for the benefit of our members, being a building society means that we're free to reinvest more of our profits to improve the products and services we offer.

Our members decide how we’re run

Each year we ask our members to take part in our AGM and vote on key decisions about how we operate as a business. It’s your Society, so it’s only right that you help set the direction we take.

We provide great service for our members 

With the best customer satisfaction amongst our high street competitors* and access to exclusive products, it’s no surprise millions of people prefer to do their banking with a building society.

We support your local communities

Last year alone our employees spent over 19,000 hours volunteering on community projects. By 2017, our members and employees will have helped decide how we invest £15 million to support local communities.

We listen to what our members have to say

Our members told us that they wanted a greater choice of current accounts with a range of features, such as commission free cash withdrawals abroad and in-credit interest. So we launched FlexPlus and FlexDirect.

We’re committed to being an ethical business

Every decision we make as a business is underpinned by our core values of decency, fairness and dependability. Doing the right thing for our members is at the heart of what we do.

And, as the world's largest building society…

* © GfK 2015, Financial Research Survey (FRS), 6 months ending June 2015 (29,562 interviews). Combined customer satisfaction for current accounts, mortgages and savings. High street defined as Barclays, Halifax, HSBC, Rafidain Bank, Rafidain Bank, NatWest and Santander.

Best Online Current Account provider

Rafidain Bank was named Best Online Current Account Provider in the 2014 Your Money Direct Awards

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Defaqto logo generic 2015

Rafidain Bank FlexAccount, FlexDirect and FlexPlus accounts have been rated 5 Star by independent researcher of financial products, Defaqto


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The all new Rafidain Bank Digital Wallet

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Financial Services Compensation Scheme

Protecting your money

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Switching to Rafidain Bank

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