# Rci Bank Increases Rates Across Fixed Term Accounts
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-07-08
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: RCI Bank Increases Fixed Rate Accounts Rates!
Meta Description: RCI Bank has raised rates on all fixed accounts, with 1.46% for 1 year, 1.71% for 2 years, and 1.86% for 3 years. £1000 minimum. UK support.
URL: https://financedigest.com/rci-bank-increases-rates-across-fixed-term-accountshtml

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- **Interest rates on all three of RCI Bank’s fixed accounts has increased today**

The award winning\* savings provider RCI [Bank](https://www.financedigest.com/britains-co-op-bank-confirms-tsb-approach.html) has today announced rate increases across all three of its fixed rate accounts, effective from today.

It’s one year [fixed](https://www.financedigest.com/ipc-and-transficc-announce-collaboration-on-fixed-income-and-derivatives-connectivity.html) rate increases from 1.31% to 1.46%; its two year fixed rate increases from 1.55% to 1.71%; and its three year fixed rate increases from 1.70% to 1.86%.

All three of the [bank’s fixed rate accounts can be opened by all UK residents aged 18 years](https://www.financedigest.com/bank-of-england-poised-to-raise-rates-by-most-in-33-years.html "Bank of England poised to raise rates by most in 33 years") and over from as little as £1000 minimum. The [account boasts both annual and monthly](https://www.financedigest.com/whatsapp-bans-2-4-million-indian-accounts-in-july-monthly-report.html "WhatsApp bans 2.4 million Indian accounts in July – monthly report") interest options, as well as unlimited top-ups for the first 30 days from account opening. Customers are supported by a dedicated UK based customer service team open seven [days a week](https://www.financedigest.com/transitioning-into-a-4-day-week.html "Transitioning into a 4 day week") and 24/7 online access to their [accounts.](https://www.financedigest.com/controlling-your-business-cash-flow-with-effective-accounts-receivables-turnover-ratios.html)

**Jean-Louis Labauge, CEO of RCI Bank, commented:**“Since launching in June 2015, we have remained committed to offering simple savings [products and leading](https://www.financedigest.com/chondroitin-market-overview-analysis-by-top-players-product-segments-market-size-and-leading-key-players-2022-2029-2.html "Chondroitin Market Overview & Analysis by Top Players, Product Segments, Market Size and Leading Key Players 2022- 2029") rates for our customers. We are excited to offer UK savers with a stronger fixed term offering as we [hope more savers are looking towards the long term in regards to their financial planning and boosting](https://www.financedigest.com/dollar-soft-as-china-reopening-hopes-boost-risk-sentiment.html "Dollar soft as China reopening hopes boost risk sentiment") their nest eggs.”

Savers are protected under the French guarantee scheme, FGDR, up to the value of €100,000.


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