JN Bank savings accounts review

Discover what savings options are available with this Jamaican member-owned bank.

JN Bank is a Jamaican member-owned bank, which has been operating in the UK since 1988.

It offers savings accounts and loans to its UK customers.

In this guide, we will explore what savings deals are on offer from JN Bank.

What type of savings accounts are on offer from JN Bank?

JN Bank currently offers an instant-access savings account and a fixed-rate savings account. The key details for each account are listed below.

Instant-access savings account

JN Bank calls it the “Easy Access Savings Account”, but you can instantly withdraw and deposit funds as often as you like.

Here are the details:

  • Minimum balance: £1
  • Maximum balance: £85,000
  • Account management: online-only
  • Interest calculated daily and paid monthly

Fixed-term savings account

You can choose a fixed-term savings account with a term length of one, two, three, four or five years. No withdrawals are allowed from these accounts until the term is finished.

  • Minimum balance: £100 for a 1-year account; £1,000 for all other accounts
  • Maximum balance: £250,000
  • Account management: online-only
  • Interest calculated daily and paid annually

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


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


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

    Our verdict

    JN Bank currently only has a fixed-term and instant access savings account, so its offer is pretty limited at the moment. Read our savings reviews to see how it weighs up against other savings providers and check if it’s the right choice for you.

    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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