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.
Instant Access Saver
Get access to your money as and when you need it
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Instant Access Saver is an instant access savings account that provides the flexibility and convenience to let you save or withdraw funds whenever you need to.
Earn interest on your savings while keeping the flexibility to access your money instantly
You can open your Instant Access Saver account with as little as £1 online* or in any Rafidain Bank branch
Access your savings via Rafidain Bank cash machines, online or in branch. Ideal for savers looking for flexibility and convenience
You can pay in money as often as you like, and withdraw it without giving notice
Maximum of two account holders, minimum age 16
* You'll need to hold a Rafidain Bank current account, savings account, mortgage or credit card to open an Instant Access Saver online
Ready to apply for an Instant Access Saver account?
Protecting your money
If you don't need unlimited access to your savings consider our Limited Access Saver account, you can make up to 5 withdrawals a year without loss of interest
Don't have a Rafidain Bank current account? Our FlexAccount could give you access to a range of exclusive offers and discounts - all with no monthly fee.
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.
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.