Arbuthnot Direct savings rates — compare every account, plus switch offers and guides

Who they are

Arbuthnot Direct launched in 2019 as an online savings service from private bank Arbuthnot Latham & Co., Ltd. While it is their first entirely online offering, the financial experience behind the Arbuthnot name stretches all the way back to 1833, when Arbuthnot & Latham first opened its doors. That makes Arbuthnot Direct one of the more unusual names in the online savings market - a centuries-old private bank reaching everyday savers through a simple digital wrapper.

The parent, Arbuthnot Latham, offers private and commercial banking, wealth planning and investment management to high net worth individuals and small and medium enterprises. Arbuthnot Direct is the accessible, no-frills counterpart - no relationship manager required, just a straightforward online account. All Arbuthnot Direct staff are based in the UK.

Savings accounts

DepositScout does not currently hold live product data for Arbuthnot Direct. That means we cannot show you specific rates or terms here right now. Arbuthnot Direct has historically focused on fixed-term deposit accounts, and the online application process has a reputation for being quick and straightforward. Check the live rates section of this page for any current products we have listed.

FSCS protection - an important note

Arbuthnot Direct is covered by the Financial Services Compensation Scheme (FSCS). However, there is something worth knowing before you open an account. Eligible deposits held with Arbuthnot Latham & Co., Limited are protected up to £120,000 in total - and that limit applies across both Arbuthnot Latham and Arbuthnot Direct combined. Any deposits you hold above that total across the two brands are unlikely to be covered.

So if you already bank with Arbuthnot Latham directly, your combined balance across both brands is what counts toward the single £120,000 limit - not each brand separately.

Is it right for you?

Arbuthnot Direct suits savers who want the reassurance of a long-established banking name behind a modern online experience. The shared FSCS licence with Arbuthnot Latham is worth factoring in if you hold significant balances with either brand. As always, rates change frequently, so use the live figures shown on this page to make your comparison.