Cash ISA

RCI Bank 2 Year Fixed Term Cash ISA Review

A two-year cash ISA from RCI Bank, with a £1,000 minimum deposit. It ranks 20th of 44 two-year cash ISAs we track.

Fixed rate · 2 years

4.60%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£1,000,000

Access

2 Years

Interest paid

Monthly/Annually

Transfers in

Accepted

How It Stacks Up

Ranks 20th of 44

2-year cash ISAs we track

Just above average
This account 4.60%
UK CPI (Aug 2026)
3.10%
Pays 1.50% more
Average 2-year cash ISA
4.50%
Pays 0.10% more
Best 2-year cash ISA
5.05%
Pays 0.45% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare cash ISAs

A Good Fit For

  • Pro: New and existing savers
  • Pro: Savers who want a monthly income

Worth Weighing Up

  • Con: You need at least £1,000 to open it
  • Con: Not flexible: money you withdraw can't be replaced without using more allowance

Please verify all details with the provider – see our Disclaimer

See all RCI Bank accounts

Estimated returns with RCI Bank's Cash ISA

What you could earn with RCI Bank's 2 Year Fixed Term Cash ISA.

Estimated interest

£1,000 saved

£94.12

At 4.6% AER

£5,000 saved

£471

At 4.6% AER

£10,000 saved

£941

At 4.6% AER

£1,000,000 saved

£94,116

At 4.6% AER

Estimated over the 24-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Our Expert Opinion on RCI Bank 2 Year Fixed Term Cash ISA

Jan WatermannCo-Founder, DepositScout

RCI Bank's 2 Year Fixed Term Cash ISA pays 4.60%, which sits near the market average for cash ISAs and is 0.52% behind the category leader at 5.12%, so it is not a standout rate. That said, 4.60% does beat August 2026 CPI of 3.1% by 1.50%, meaning your money grows in real terms over the fixed period. The account accepts ISA transfers in and needs a minimum of £1,000, which makes it reasonable for savers consolidating existing ISA pots who are comfortable locking money away for two years with no access. If flexibility matters, this is not the account for you.

Compare Cash ISAs

2 alternatives to RCI Bank's 2 Year Fixed Term Cash ISA

Same type of account, closest on rate.

Common questions about the 2 Year Fixed Term Cash ISA

D

DepositScout Alerts

2 minutes ago

Easy Access rate just dropped

A top provider just cut their rate. Here's what you need to know about the latest market shift.

Nationwide FlexSaver Rate Down
4.20% AER
4.75%
View Best Rates
Live Market Tracking

Be the first to know when this RCI Bank rate drops.

Join 1,000+ savers using DepositScout who get instant email alerts when top UK savings rates change. Never miss out on a better deal again.

Takes 30 seconds · No spam · Unsubscribe any time