StreamBank

Who they are

StreamBank was founded to serve specialist property and savings customers, with a focus on commercial mortgages, bridging finance, development finance, and customer savings.

The bank received a restricted banking licence in July 2022 and obtained its full licence in February 2023.

It is headquartered in Cardiff and remains a relatively small, independent bank. StreamBank positions itself as concentrating on markets underserved by the mainstream banks, and for savers it aims to offer consistently competitive rates combined with flexible, easy-to-use products.

Savings accounts

StreamBank currently offers four accounts, all with a £1,000 minimum deposit. On the flexible side, the 90 Day Notice Account pays 4.35% variable - you give 90 days' notice before withdrawing, so it suits money you won't need at short notice. For those happy to lock away funds, the 1 Year and 2 Year Fixed Rate Accounts both pay 4.65% fixed with no access until maturity. If you are thinking much longer term, the 5 Year Fixed Rate Account pays 3.90% fixed - notably lower, which is worth weighing carefully against shorter-term options. None of these accounts carry a bonus rate, so the rate you open with is the rate you earn throughout. Specific figures change over time, so always check the live rates shown on this page.

StreamBank's eligible deposits are protected by the FSCS up to £120,000 per person, per authorised firm (banking licence). StreamBank participates in the Financial Services Compensation Scheme and makes regular contributions into it.

Is it right for you?

StreamBank is a straightforward choice for savers who want a clean fixed-rate bond or a notice account without any bonus-rate games. There are no current accounts, no switch offers, and no ISAs in the current range, so it won't suit anyone looking for a one-stop savings home.

Check the live rates on this page before you apply - StreamBank's rates move with the market, and what you see here reflects the most up-to-date figures available.