This account can only be opened and managed online via your Raisin UK account. The 2.95% interest means you earn £29.50 on a £1,000 deposit after one year. Note that this is a Sharia compliant account which means you earn a fixed predicted profit rate rather than an interest rate.
This is the best returning one year fixed account right now if you have between £10,000 and £85,000 to save and claim the cashback offer.
New Raisin customers can claim £25 cashback if you’re saving more than £10,000. Here’s how to get it
Start saving into the Gatehouse Bank 1 year fixed term today.
- You need to be new to Raisin, then open the Gatehouse Bank one-year account and deposit at least £10,000.
- Then email ‘[email protected]‘ from the email you used to register, with ‘Raisin UK Bonus’ as the subject and your full name in the email.
- The £25 cashback is then paid within 14 days of Raisin receiving your email
- Full T&Cs here