Fixed Rate

RCI Bank 3 Year Fixed Term Deposit Review

A three-year fixed rate bond from RCI Bank, with a £1,000 minimum deposit. It ranks 22nd of 46 three-year fixed rate bonds we track.

Fixed rate · 3 years

4.70%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1,000

Max balance

£1,000,000

Access

At maturity only

Interest paid

Annually

How It Stacks Up

Ranks 22nd of 46

3-year fixed bonds we track

Just above average
This account 4.70%
UK CPI (Aug 2026)
3.10%
Pays 1.60% more
Average 3-year fixed
4.66%
About the same
Best 3-year fixed
5.18%
Pays 0.48% less

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

Compare fixed bonds

A Good Fit For

  • Pro: New and existing savers

Worth Weighing Up

  • Con: Your money is locked in for 3 years
  • Con: You need at least £1,000 to open it

Good to Know

Unlimited deposits can be made within the first 14 days from application (up to the maximum account balance allowed of £1m) but the first deposit must be for a minimum of £1,000.

Please verify all details with the provider – see our Disclaimer

See all RCI Bank accounts

Estimated returns with RCI Bank's Fixed Rate

What you could earn with RCI Bank's 3 Year Fixed Term Deposit.

Estimated interest

£1,000 saved

£148

At 4.7% AER

£5,000 saved

£739

At 4.7% AER

£10,000 saved

£1,477

At 4.7% AER

£1,000,000 saved

£147,731

At 4.7% AER

Estimated over the 36-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on RCI Bank 3 Year Fixed Term Deposit

Jonny PeaseCo-Founder, DepositScout

RCI Bank's 3 Year Fixed Term Deposit pays 4.70%, which beats August 2026 CPI of 3.1% by 1.60%, so your money does grow in real terms, but the rate sits below the market average for fixed-rate accounts and is 0.65% behind the current leader at 5.35%. If you want to stay at the three-year term, Kent Reliance's 3 Year Fixed Rate Bond is available at 4.96%, which is a meaningful step up. The real catch here is the standard one for any fixed bond: no access until maturity, so only commit money you genuinely will not need for three years.

2 alternatives to RCI Bank's 3 Year Fixed Term Deposit

Same type of account, closest on rate.

Common questions about the 3 Year Fixed Term Deposit

D

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