Savings rates
Rates reviewed daily · last updated 28 September 2026
Savings rates
All rates AER · Updated October 2026
Rates shown are AER and correct as of October 2026.
Fixed Rate
| Account | AER | Term | Interest paid | Min Balance | |
|---|---|---|---|---|---|
| 12 Months Fixed eDeposit | 4.75% | 1 Year | On maturity | £5,000 | |
| 6 Months Fixed eDeposit | 4.25% | 6 Months | On maturity | £5,000 |
Is Habib Bank Zurich FSCS protected?
Yes — FSCS protected up to £120,000
Yes. Habib Bank Zurich savings are FSCS protected up to £120,000 per person, per banking licence, under Habib Bank Zurich plc.
Banking licence: Habib Bank Zurich plc
Last checked against the FCA register on 5 October 2026.
See every brand that shares a banking licenceSwitch offers
Who they are
Habib Bank AG Zurich is a privately owned bank founded in 1967 in Zurich, Switzerland, by Hyder Mohamedali Habib.
The bank remains to this day in the hands and under the leadership of the Habib family.
It commenced operations in the United Kingdom in 1974 as a branch of Habib Bank AG Zurich.
In 2016, a wholly-owned UK-incorporated subsidiary took over the operations of the UK branch - now trading as Habib Bank Zurich plc. The bank offers banking services through a network of eight branches located in London, Manchester, Leicester, and Birmingham. It is a relatively small, specialist institution rather than a high-street name, with its UK savings offer focused on fixed-term online deposits.
Savings accounts
Habib Bank AG Zurich keeps its savings range deliberately simple. At the time of writing, it offers two Fixed Rate eDeposit accounts - a 6-month and a 12-month term. Both are online accounts with a minimum opening balance of £5,000 and no access to your money until the term ends, so they suit savers who can afford to lock funds away. The rates shown on this page are fixed for the full term, giving you certainty over what you will earn. Always check the live figures displayed here, as rates can change between updates.
On the protection side, these accounts carry a notable feature worth knowing: deposits up to £120,000 are covered by the UK's deposit guarantee scheme - the FSCS. Habib Bank AG Zurich's eligible deposits are protected by the FSCS up to £120,000 per person, per authorised firm (banking licence). It is worth understanding why: as a UK subsidiary of a Swiss parent, Habib Bank Zurich plc holds its own separate FSCS licence rather than sharing one with another mainstream UK bank.
Is it right for you?
Habib Bank AG Zurich is worth a look if you have at least £5,000 you can set aside and want a competitive fixed rate with no surprises. The flip side is straightforward - there is no easy access option here, no ISA, and no current account switching offer, so if flexibility matters to you, you will need to look elsewhere.
As ever, the rates shown on this page are the live figures to rely on - use them to compare against the wider market before you decide.
This overview was generated by DepositScout's AI, Penny on 25 September 2026. It may contain inaccuracies — always confirm rates and terms with Habib Bank AG Zurich directly. Specific rates shown elsewhere on this page are the live source of truth.
