What interest rate does the RCI Bank 5 Years Fixed pay?

The RCI Bank 5 Years Fixed pays 4.45% AER, fixed for 5 years.

How much interest could I earn?

Saving £10,000 for 5 years would earn about £2,432 at 4.45% AER. This assumes the rate stays the same and interest stays in the account.

How much can I pay in?

You can deposit at least £1,000 and up to £1,000,000.

Can I withdraw my money?

No. Your money is locked in until the fixed term ends, so only put in what you won't need before then.

When is interest paid?

You can choose to have interest paid monthly or annually.

Who can open this account?

New and existing RCI Bank customers can open it. You can open it online or in the app.

Is my money protected?

Yes. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking licence.

How does it compare with other five-year fixed rate bonds?

At 4.45% AER it ranks 27th of 38 five-year fixed rate bonds we track. The best pays 5.35% and the average is 4.74%.

Dashboard

Fixed Rate

RCI Bank 5 Years Fixed Review

A five-year fixed rate bond from RCI Bank, with a £1,000 minimum deposit. It ranks 27th of 38 five-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 5 years

4.45%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

Monthly/Annually

How It Stacks Up

Ranks 27th of 38

5-year fixed bonds we track

Below average

This account 4.45%

UK CPI (Aug 2026): 3.10%; Pays 1.35% more
Average 5-year fixed: 4.74%; Pays 0.29% less
Best 5-year fixed: 5.35%; Pays 0.90% less

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

Compare fixed bonds

A Good Fit For

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

Worth Weighing Up

Con: Your money is locked in for 5 years
Con: You need at least £1,000 to open it

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Estimated returns with RCI Bank's Fixed Rate

What you could earn with RCI Bank's 5 Years Fixed.

Estimated interest

£1,000 saved

£243

At 4.45% AER

£5,000 saved

£1,216

At 4.45% AER

£10,000 saved

£2,432

At 4.45% AER

£1,000,000 saved

£243,203

At 4.45% AER

Estimated over the 60-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 5 Years Fixed

Jonny PeaseCo-Founder, DepositScout

RCI Bank's 5 Years Fixed pays 4.45%, which is below the market average for fixed-rate accounts and sits 0.90% behind the current leader at 5.35%, so I wouldn't call this a standout rate. It does beat CPI inflation of 3.1% by 1.35 percentage points, which at least means your money grows in real terms. The big catch is the complete lack of access until maturity, so anyone committing £1,000 or more needs to be certain they won't need the funds for five years. If you want a five-year fix, Chetwood Bank's 5 Year Fixed Rate Savings at 5.20% is worth a look first.

Compare Fixed Rate Bonds