4.42 % AER for 6 months with Kuwait Finance House PLC

checkmark-icon
Save from £ 1,000.00
checkmark-icon
Rates from this bank up to 4.86 % AER
checkmark-icon
No fees
Deposits protected in:United Kingdom

United Kingdom

bank logo

Bank

Expected profit rate

Product type · Term · Deposit guarantee

Kuwait Finance House PLC

Kuwait Finance House PLC

4.42 % AER
Fixed rate bond · 6 months ·

This offer is provided in collaboration with Raisin and requires your registration. Raisin UK offers access to easy access and fixed rate bonds from partner banks, all via one platform. There are no additional fees.

create-icon
1. Register for your free Raisin UK Account

Access savings accounts from our partner banks and building societies with a single log-in

accountBalance-icon
2. Choose a savings account

Fund your chosen savings account by depositing funds into your Transaction Account

saving-icon
3. Watch your savings grow

We'll take care of transferring your funds to our partner bank and confirm once your savings account is open

Account information

Bank

Expected profit rate

Product type · Term · Deposit guarantee

Kuwait Finance House PLC

Kuwait Finance House PLC

4.47 % AER
Fixed rate bond · 9 months ·
Kuwait Finance House PLC

Kuwait Finance House PLC

4.86 % AER
Fixed rate bond · 1 year ·

Bank Details

Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking. KFH is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world. Today, its range of British banking services include Private Banking, Wealth Management, Residential Property Finance, Commercial Property Finance and Premium Banking services. Deposits made into savings accounts offered by Kuwait Finance House PLC through the platform are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking group.

Security & Deposit Protection

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £120,000 per person, per bank. The FSCS’ £120,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

Who is Raisin?

We are the UK savings marketplace for Raisin, one of Europe’s most successful technology-led financial services companies. We connect you with a range of banks and building societies offering deposit-protected savings accounts with competitive interest rates, making it easier for you to grow your money. Using our savings marketplace is simple. By registering for a Raisin UK Account, you'll only ever need to fill in one application form. Then you can browse, apply for and fund a range of savings accounts, and manage everything under one roof. No paperwork or endless passwords to remember - just a free, easy way to grow your savings.

4.42 % AER for 6 months with Kuwait Finance House PLC

This offer is provided in collaboration with Raisin UK

Frequently asked questions

The majority of the savings accounts in our marketplace are from UK-based partner banks, meaning they’re protected by the Financial Services Compensation Scheme (FSCS). This scheme offers protection up to the statutory limit of £120,000 per person, per institution. We also have a small number of partner banks who offer similar deposit protection under the European country equivalent. Find out more about deposit protection schemes here.
Complete your registration online and gain access to over 100 savings accounts. Click the ‘Register’ button, which you’ll find on the top right of the Raisin UK website and from there you can complete your application. We will also ask you to submit your bank account details and national insurance number to enable you to easily transfer funds, and for the necessary regulatory checks to be completed. For more information on eligibility, please click here.
Raisin UK connects you with a range of banks offering deposit-protected savings accounts with competitive interest rates, making it easier for you to grow your money.
The minimum deposit amount is usually £1,000, however some savings accounts can be opened with £100. The maximum amount per savings account is capped at £120,000.
The Raisin UK platform is free to use.
No - fixed rate bonds require you to lock your money away for a set period of time. The interest rate for this set period is also guaranteed not to change during this time, thereby giving you peace of mind on what you will receive in interest at the end of the term.
Interest is paid gross without prior deduction of tax.
No – Raisin UK does not withhold any taxes. We will provide you with documentation showing exactly how much interest you earned. We encourage our customers to seek independent tax advice for any taxation queries.

All interest rates displayed are Annual Equivalent Rates (AER), unless otherwise explicitly indicated. The AER illustrates what the interest rate would be if interest was paid and compounded once a year. This allows individuals to compare more easily what return they can expect from their savings over time.

Raisin UK is a trading name of Raisin Platforms Limited which is authorised and regulated by the Financial Conduct Authority (FRNs 813894 and 978619). Raisin Platforms Limited is registered in England and Wales, No 11075085. Registered office: Cobden House, 12-16 Mosley Street, Manchester M2 3AQ, United Kingdom. The information on this website does not constitute financial advice, always do your own research to ensure it's right for your specific circumstances. Tax treatment depends on the individual circumstances of each customer and may be subject to change in the future.