Birmingham Bank savings rates — compare every account, plus switch offers and guides

Who they are

Birmingham Bank was founded in 1955 and has gone through several changes of identity over the decades. In 2013 it was rebranded as "BIRA bank" before reverting to the Birmingham Bank name in January 2021. Today, it exists to help savers, professional landlords and established SMEs access straightforward banking products. The bank is headquartered in Birmingham and is authorised and regulated as a fully licensed UK bank.

Savings accounts

Birmingham Bank offers notice accounts - variable savings accounts designed to reward savers who can give notice before withdrawing their money - as well as fixed term accounts, where you save for a fixed period and receive a fixed rate of interest throughout your chosen term. Accounts are managed online through the bank's savings portal rather than through a branch network, keeping things fairly simple for day-to-day management. Specific rates change regularly, so the live figures shown on this page are the ones to go by.

Protection and security

Birmingham Bank is a fully licensed UK bank, and from December 2025, deposits of up to £120,000 are protected under the Financial Services Compensation Scheme (FSCS). If you have more than one account with Birmingham Bank or share a joint account, the amount protected will be £120,000 across all of those accounts. It is always worth checking the FCA register if you want to confirm that no other brands share Birmingham Bank's licence, which would affect how much of your money sits within the protected limit.

Is it right for you?

Birmingham Bank is a relatively small, specialist bank rather than a household name. That is not necessarily a drawback - smaller banks often compete hard on savings rates to attract deposits. If you are comfortable managing your money online and want a straightforward fixed-term or notice account from a fully FSCS-protected institution, it is worth a look. There is no current account or ISA shown in our data, so if you need those, you will want to compare elsewhere too.

As always, rates move quickly - check the live figures on this page before making any decisions.