Everyday Saver (Issue 3) - Al Rayan Bank
The Everyday Saver (Issue 3) is a Sharia-compliant, instant access savings account offering an expected profit rate of 3.60% gross per annum. The account requires a minimum deposit of £5,000 to open and maintain the advertised profit rate. Balances falling below this threshold will earn a reduced rate of 0.05% gross per annum. Profits are calculated and credited monthly on the last working day of each calendar month. This online-only account allows unlimited withdrawals without notice, providing flexibility for account holders. Applicants must be over 16 years old and reside in the UK or non-EU countries.
