JN Bank

JN Bank savings accounts review

JN Bank offers a variety of savings accounts with interest rates up to 4.6%.

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JN Bank is a Jamaican member-owned bank, which has been operating in the UK since 1988. The bank subsequently launched its first savings and loan products in the UK in 2020.

Easy access savings accounts

Table: sorted by interest rate
JN Bank's best easy access rate of 3.76% is significantly lower than today's market-best rate of 7.49%.
Name Product Account type Withdrawals Min. opening balance Interest rate Deposit protection Open via Incentive Apply link
JN Bank – Easy Access Savings Account
Variable
Instant access
£1
3.76% AER variable
FSCS logo
protected
Open via: website
Go to site
View details
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Compare more instant and easy access accounts up to 7.49%

Fixed-rate bonds

Table: sorted by interest rate
JN Bank's best fixed-rate bond rate of 4.6% is slightly lower than today's market-best rate of 5.21%.
Name Product Interest rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description Apply link
JN Bank – Fixed Term Savings Account
4.6% AER fixed for 2 years
£1,000 - £500,000
Anniversary of account opening
Withdrawals not permitted
Website
FSCS logo
protected
Open via: website
Go to site
View details
JN Bank – Fixed Term Savings Account
4.4% AER fixed for 1.2 years
£1,000 - £500,000
Anniversary of account opening
Withdrawals not permitted
Website
FSCS logo
protected
Open via: website
Go to site
View details
JN Bank – Fixed Term Savings Account
4.4% AER fixed for 1 year
£100 - £500,000
Anniversary of account opening
Withdrawals not permitted
Website
FSCS logo
protected
Open via: website
Go to site
View details
JN Bank – Fixed Term Savings Account
4.35% AER fixed for 3 years
£1,000 - £500,000
Anniversary of account opening
Withdrawals not permitted
Website
FSCS logo
protected
Open via: website
Go to site
View details
JN Bank – Fixed Term Savings Account
4% AER fixed for 5 years
£1,000 - £500,000
Anniversary of account opening
Withdrawals not permitted
Website
FSCS logo
protected
Open via: website
Go to site
View details
loading
Compare more fixed-rate bonds up to 5.21%

What is JN Bank's best savings account with the highest interest rate?

Remember that the best savings account will depend on what you want from your savings. If you're after fast access to your money then an easy access account should suit. However, if you're looking to happy to lock your money away for a period of time to unlock a higher rate, then a fixed-rate bond is a good option. Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below we've listed the different types of accounts JN Bank offers plus the highest interest rate currently available.
Savings account types include Easy access, fixed-rate bonds
Best easy access rate 3.76%
Best fixed-rate bond rate 4.6%
Fixed bond terms 1 year - 5 years
Opening options Website
FSCS protection

Eligibility criteria

To be eligible for a JN Bank savings account, you will need to:

  • be aged 18 or over
  • be a UK resident
  • have a UK phone number and email address
  • have a UK bank account

Savings accounts can be registered in your name only. Joint accounts are not available.

How to apply

You can apply for a JN Bank savings account via its UK website. Simply find the product you want to apply for, then click the “Apply Now” button in the top right of the screen.

Alternatively, you can visit its branch in Brixton, London or call its customer services team on 0808 196 1945 for assistance.

How to contact JN Bank

For general queries, call 0800 328 0387 or send an email to ukrepoffice@janouk.com.

Pros and cons

Pros

  • Open an account with just £1
  • A good range of fixed-rate accounts
  • Manage your account online
  • Apply online, by phone or in-branch

Cons

  • No ISAs or regular savings accounts
  • Joint accounts not available
  • Only one UK branch

Customer service information for JN Bank

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Bottom line

JN Bank currently offers a competitive range of fixed-term accounts and a fairly decent instant access savings account. Read our savings reviews to see how it weighs up against other savings providers and check if it’s the right choice for you.

Savings ratings

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Finder scores, in blue, are based on our expert analysis. We also show reviews from users, where we've received more than 10, with a score in yellow. We gather more reviews from customers every year in Finder's customer satisfaction survey.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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