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RATE INCREASE
Online savings bank, RCI Bank, has increased the rate on its E-Volve Savings 14 Day Notice Account to 2.10% AER, for both new but also existing customers. Not only does this account offer a competitive rate of interest, but all amounts deposited are used to tackle climate change

WHAT ARE THE TERMS?

The RCI Bank E-Volve Saver is a 14-day notice account paying 2.10% gross variable and all deposits are used exclusively for financing RCI’s green transport ambition, which basically means the funds raised from this account will go directly towards the lending of electric vehicles, electric vehicle charging infrastructure as well as any future green mobility solutions under development.

The account must be opened online. Interest can be paid either monthly or annually. The minimum deposit is £1,000 and, as per the name of the account, all withdrawals, including closure, are subject to a 14-day notice period. The account offers the same rate to both new and existing customers, which means all future rate changes on the account will be passed onto you, so there's no need to switch to a more recent issue.

While the rate on offer isn't market leading, with so few savings accounts on the market with a focus towards helping with environmental issues and even fewer that pay a competitive return, we recognise that in some instances it's not all about the rate.

The RCI Bank E-Volve Saver 14-day notice account is paying 2.10% gross/AER variable, on balances from £1,000 and you can open and fund your savings account online using the link below:

RCI Bank E-Volve Savings 14 Day Notice Account - 2.10% AER - Apply here* >>

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Our Best Buy Tables are based on whole of market research, independent and have no commercial bias, ensuring that you can rely on them to make an informed decision.
Alternatively, please call us on 0800 011 9705 to discuss your savings with one of our expert advisers.

†High interest current accounts often have a number of conditions attached to qualify for the headline rate. Please ensure you carefully read the terms and conditions before proceeding. Many of these current accounts do not require customers to switch their main account.

*We are occasionally paid by some providers if you click through from our Best Buy Tables and open a savings or current account with them. We will never accept a payment that compromises in any way our independent, whole of market approach to providing information on savings products. For clarity we will indicate those companies who remunerate us with an asterisk (*).

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