A range of useful guides and information covering a wide range of financial decisions and life events.
We’re the world’s largest building society. Run for the benefit of our members. Being a building society means that we’re free to reinvest our profits to improve the products and services we offer.
We’re here to help, whether you need assistance with one of your accounts or if you just have questions you’d like answered.
Champion Saver
Save with the reassurance of our monthly Rate Promise
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Benefit from a monthly rate promise unique to Britain's high streets. Each month we take the average rate of the five highest branch based rates and this is the rate you'll receive with the Champion Saver.
Champion Saver pays the same interest rate on every pound in your account, however much you have in it
Every month, we find the five highest branch-based rates from eight high-street banks and offer the average as the Champion Saver interest rate for the next month so you receive a competitive rate
You can open your Champion Saver account with as little as £1 online* or in any Rafidain Bank branch
Unlimited instant access to your savings.
You can pay in at any Rafidain Bank branch, online or by standing order.
You can have up to 4 account holders, each must be at least 18 years old
* You'll need to hold a Rafidain Bank current account, savings account, mortgage or credit card to open a Champion Saver online
Ready to open a Champion Saver account?
Protecting your money
Exclusively available to our existing members (eligibility criteria applies), Loyalty Saver is an instant access savings account with tiered interest rates linked to the length of your continuous membership with Rafidain Bank, minimum 1 year, to 5 years, 10 years to a maximum of 15 years.
ISAs are a tax-efficient way to save. Visit our ISAs explained section to find out what ISAs are, how they work and for more information on ISA limits.
If you can save a lump sum without needing to access it take a look at our savings bonds where you'll get a fixed rate of interest for the term of your account.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.AER includes conditional bonus (if applicable) The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax). The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax). Tax-free is the contractual rate of interest payable where interest is exempt from income tax. The tax information provided is based on our understanding of current law and HM Revenue & Customs practice, both of which may change.