Savings Interest Rates, Switch Offers and Guides for StreamBank

Who they are

StreamBank is a specialist property and savings bank which was awarded its banking licence in February 2023 and launched its first savings accounts in the same month. The bank is headquartered in Cardiff and, while it is still a relatively small institution, it has grown quickly. On the lending side, it focuses on bridging loans, commercial mortgages, and development finance - and it uses savers' deposits to fund exactly that kind of specialist property work. Its rates have been consistently competitive since launch, keeping it a mainstay of best-buy tables.

Savings accounts

StreamBank keeps its savings range focused and straightforward. All accounts require a minimum deposit of £1,000. There is a 90 Day Notice Account paying 4.35% variable, which suits savers who want a better return than easy access but are happy to plan withdrawals in advance. For those willing to lock money away, there are fixed-rate options at one, two, and five years. The 1 Year and 2 Year Fixed Rate Accounts both pay 4.65% fixed, with no access until maturity. The 5 Year Fixed Rate Account pays 3.90% fixed - notably lower, which is worth bearing in mind if you are weighing the trade-off of tying your money up for the longer term.

All accounts carry FSCS protection up to £120,000 per depositor - higher than the standard £85,000 limit, so worth double-checking the current terms directly with the bank. Rates change over time, so the live figures shown on this page are always your best reference.

Is it right for you?

StreamBank is worth considering if you have at least £1,000 to save and want a no-frills, focused savings provider rather than a big high-street name. The fixed-rate bonds are competitive, particularly at the one and two-year terms. There are no current accounts or switch offers here - it is purely a savings proposition. If flexibility matters and you need instant access, the notice account will not suit you. But if you can plan around a 90-day window, or commit to a fixed term, the rates are genuinely worth comparing. Check the live rates on this page before making a decision, as they are updated regularly.