Launched in 2015 in the UK, the savings activity of RCI Bank UK won three prizes at the 2017 Savings Champion Annual Awards. The success rewards the young subsidiary's strategy of bringing its customers simple, affordable and competitive offers.
RCI Bank UK, the deposits collection subsidiary of RCI Bank and Services in the UK, won three awards: Best Easy Access Provider, Best Fixed Rate Bond Provider, and Best Short Term Fixed Rate Bond Provider. The jury of the independent institution selected the subsidiary for the competitive rates, affordability, customer service and innovative character of its offers. In addition, despite the difficult environment in the UK savings market, RCI Bank UK continued to bring its customers attractive rates. The 1.02% rate on its Easy Access Freedom offer is quite simply the best in the country.
After just two years' existence, RCI Bank UK now has nearly 60,000 customers, for net collected deposits of over £2 billion. It is the only carmaker subsidiary to collect deposits in the UK. The offer comprises a sight deposit account and three term accounts (with maturities of 12, 24 and 36 months).
Deposits collection a strategic activity for RCI Bank and Services
Since 2012 RCI Bank and Services has brought retail customers a high-performance, simple and secure savings offer. Initially launched in France, the savings business has now been rolled out in Germany, Austria and the UK.