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

Who they are

JN Bank was the first Caribbean-owned bank to receive a UK banking licence, authorised in December 2019. The group traces its roots to a mutual building society established in Jamaica in 1874, originally set up to help working people manage their money. The Jamaica National Group is owned by its members, and JN Bank UK operates in line with that mutual ethos. The UK operation launched to market in October 2020 with a range of personal savings accounts and unsecured personal loans.

In 2026, the UK business was fully rebranded as "thisbank" following a change in ownership and strategic repositioning. If you are an existing JN Bank customer or are researching the brand, it is worth being aware of this transition.

Savings accounts

JN Bank built a reputation for competitive fixed-rate savings since launch, often topping best-buy tables, though it also briefly offered an easy access account that is currently closed to new customers. Our DepositScout data does not currently show any live products for JN Bank - use the live rates section on this page to see whether any accounts are available and what they are paying right now, as rates change frequently.

Safety and FSCS protection

Eligible deposits with JN Bank UK Ltd are protected by the Financial Services Compensation Scheme (FSCS). Coverage is up to £120,000 per person. JN Bank UK holds its own banking licence, which is not shared with any other bank - so your FSCS allowance here is entirely separate from any savings you hold elsewhere.

Is it right for you?

JN Bank is a smaller, newer UK bank with an interesting history and a community-minded approach. It operates one branch in Brixton, South London, where customers can access the bank's digital services with help from the team if needed. The leadership team includes experienced banking professionals with decades of experience in the UK bank and building society sectors.

Given the recent rebrand to thisbank, it is sensible to check directly what name any new account will be opened under and confirm FSCS details at the point of application. As always, compare the live rates shown on this page before making a decision - what looks competitive one month may not be the following month.