Skip to content

Compare
Best buys
Banks A–Z
Guides
Rate changes
News

Juno on the trail

Juno's on the scent…

Compare

Compare accounts
Best buys
Banks and building societies A to Z
Rate changes
My savings
Money check
FSCS planner
Savings tax calculator

Read

Savings guides
News
About us and how to spot a fake
How we rank and how we're paid

Legal

Privacy
Cookies
Terms
Accessibility
Complaints

Juno Hunt is a savings comparison service from MFG Management Services Limited (registered in the Isle of Man, company number 135041C; registered office Clarendon House, Victoria Street, Douglas, Isle of Man, IM1 2LN), part of Manx Financial Group. We list savings accounts from UK banks and building societies authorised by the Prudential Regulation Authority, and from NS&I, which is backed by HM Treasury. Manx Financial Group also owns Conister Bank: its accounts are ranked by rate alone like every other bank's and labelled "Our group".

Some banks pay us when you open an account through our link. That payment never changes the order of results. We don't give personal advice, and we never hold your money. Rates can change at any time, so check the details with the bank before you apply.

Juno is our mascot. She finds and ranks rates; she doesn't give advice, and neither do we.

Back to results

12 Month Fixed Term Deposit

Fixed for 1 year · Checked 3 Nov 2026, 12:30

5.15%

AER

Above inflation: CPI 3.5%, September 2026

What you'd earn

If you put in (£)

You'd earn about £1,030.00 in 1 year, before any tax.

Worked out from the AER. Variable rates can change.

The conditions in plain English

Access: No withdrawals or closure before maturity.
Minimum: £10,000
Maximum: £1,000,000
Interest paid: When the term ends
Manage by: Online, Mobile app
Who can apply: Expected profit rate, not interest. Headline rate applies where profit is reinvested and paid at maturity; 5.06% gross p.a. if paid quarterly. Aged 16+ resident in the UK (or non-EU country); sole applicants only.
Where we read it: Al Rayan Bank's own page, 3 November 2026

Full details

What Al Rayan Bank's own website says about this account. See it on Al Rayan Bank's website. The rate at the top of this page is the one Juno checked most recently.

Ways to open: Mobile app and OnlineFrom Al Rayan Bank's website, checked 3 November 2026
Ways to manage it: Mobile app and OnlineFrom Al Rayan Bank's website, checked 3 November 2026
Minimum age: 16 or overFrom Al Rayan Bank's website, checked 3 November 2026
Where you must live: Applicants must reside in the UK or non-EU countriesFrom Al Rayan Bank's website, checked 3 November 2026
Joint accounts: Not allowed: sole names onlyFrom Al Rayan Bank's website, checked 3 November 2026
Ways to pay in: bank transfer from an account in your nameFrom Al Rayan Bank's website, checked 3 November 2026
Minimum to open: £10,000From Al Rayan Bank's website, checked 3 November 2026
Maximum balance: £1,000,000From Al Rayan Bank's website, checked 3 November 2026
Closing the account: You will not be able to close the account or withdraw any of your funds before the date of maturity.From Al Rayan Bank's website, checked 3 November 2026

"Not stated" means neither the bank's Summary Box nor the pages we checked said; it doesn't mean no. The bank's terms and conditions are the full agreement.

Can I open this?

Tick what applies to you to compare it with the conditions the bank states. Nothing you tick leaves this page.

Your age 16 or 17 18 or over

Do you live in the UK? Yes No

Already a Al Rayan Bank customer? Yes No

How you'd like to open it In the app Online In a branch

Account holders I want a joint account

This compares your answers with the conditions the bank states; it isn't a decision. Al Rayan Bank decides who can open the account, and runs its own checks when you apply.

Who holds your money

Deposit-taker: Al Rayan Bank, a trading name of Al Rayan Bank Limited
Incorporated in: United Kingdom
Regulated: Yes, by the Prudential Regulation Authority and Financial Conduct Authority (FRN 229148)
Protection and disputes: Financial Services Compensation Scheme and Financial Ombudsman Service
Capital: Paid-up capital and reserves of £234m at 31 December 2025 (latest published accounts).

FSCS protection

Up to £120,000 per person is protected across everything you hold with Al Rayan Bank Limited.

Check your total protection

Email me if this rate changes

Email address

We use your email only for these alerts. Unsubscribe with one click from any email. See our privacy notice.

Rate history

No change since tracking began.

Don't miss the end date

The term ends after 1 year. Add a reminder two weeks before. It goes straight into your calendar; we keep nothing.

Go to Al Rayan Bank to apply

You'll apply on Al Rayan Bank's own website. Al Rayan Bank may pay us if you open this account; that doesn't affect its position in our results.