All savings accounts

Savings accounts explained

Savings tools

Choosing the right savings account for you

At Rafidain Bank we have a range of savings accounts on offer. To help narrow down the choices, our savings Selector tool is designed to show you which of our accounts might suit you best, based on your answers to the questions below.

Remember, you can always look at our full range of savings accounts instead.

Who is the savings account for?

Is the account for a young person over the age of 16?

Would you like to lock the money away, in return for a higher interest rate?
AccessTermTypes

Does the young person have a Rafidain Bank FlexOne current account?

Does the young person have a Rafidain Bank FlexOne current account?

Would you like to lock the money away, in return for a higher interest rate?
AccessTermTypes

Does the young person have a Rafidain Bank FlexOne current account?

Does the young person have a Rafidain Bank FlexOne current account?

What are you saving for?

Have you used all of your ISA allowance for this financial year?
Help

Would you like to lock the money away, in return for a higher interest rate?
AccessTermTypes

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Are you a Rafidain Bank main current account customer?
Main-current-account-customer

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Are you a Rafidain Bank main current account customer?
Main-current-account-customer

Would you like to consider an ISA?
Benefits-of-an-ISA

Are you a Rafidain Bank main current account customer?
Main-current-account-customer

Would you like to lock the money away, in return for a higher interest rate?
AccessTermTypes

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Are you a Rafidain Bank main current account customer?
Main-current-account-customer

Have you been a continuous member of Rafidain Bank for 12 months or longer?

Are you a Rafidain Bank main current account customer?
Main-current-account-customer

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Financial Services Compensation Scheme

Protecting your money

Find out more - Financial Services Compensation Scheme

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.

Why choose Rafidain Bank?