Racing Bank deposit accounts
Your wealth, looked after
We have a range of deposit accounts to help you manage your money over the short, medium and long term, all with competitive rates of interest.
Fixed-term deposit accounts
Earn a fixed rate of interest on your savings by investing for a set period of time.
Notice accounts
With a variable interest rate, paid quarterly.
Instant access accounts
Access your savings at any time, from anywhere.
Why choose Weatherbys for your deposit accounts?
Protected by FSCS
All our deposit accounts are protected under the UK Financial Services Compensation Scheme (FSCS). This provides cover of up to £85,000 per customer, per bank. For joint accounts, each account holder is protected up to this limit, providing neither person holds another account.
Minimal paperwork for maximum ease
We keep paperwork to a minimum. In some cases, no forms are needed at all. Just get in touch, ask to open a deposit account and we will take care of the rest.
Security you can trust
We take a reassuringly conservative approach to managing your funds for minimum risk and maximum security. Our surplus liquidity is kept at the Bank of England, invested in gilts or placed with a small number of highly rated financial institutions.
Always fair and competitive
We review our deposit rates often to check they remain competitive and offer a fair return on your savings.
You can find our full list of deposit rates here or take a look at the accounts below for more details.
To view a full list of our historic deposit rates since 2020, please click here.
Featured deposit account
1 Year Fixed Term Deposit Account
Choose our 1 Year Fixed Term Deposit Account if you are looking for an account that matures in one year.
Private Reserve Account
An instant access account available to Weatherbys Private Bank clients. Interest is paid quarterly.
6 Month Fixed Term Deposit Account
Choose our 6 Month Fixed Term Deposit Account if you are looking for a short-term investment.
1 Year Loyalty Fixed Term Deposit Account
Choose the 1 Year Loyalty Fixed Term Deposit Account if you are looking for an account that matures in one year. This account is available to clients that have been banking with us for 4 years.
1 Year Fixed Term Deposit Account
Choose our 1 Year Fixed Term Deposit Account if you are looking for an account that matures in one year.
2 Year Loyalty Fixed Term Deposit Account
Choose the 2 Year Loyalty Fixed Term Deposit Account if you are looking for an account that matures in two years. This account is available to clients that have been banking with us for 4 years.
2 Year Fixed Term Deposit Account
Choose our 2 Year Fixed Term Deposit Account if you are looking for an account that matures in two years.
3 Year Fixed Term Deposit Account
Choose our 3 Year Fixed Term Deposit Account if you are looking for a longer term investment.
5 Year Fixed Term Deposit Account
Choose our 5 Year Fixed Term Deposit Account if you are looking for a long term investment.
45 Day Notice Account
All sums deposited in this account are subject to the 45 days notice requirement prior to withdrawal. Interest is paid quarterly on balances over £10,000.
90 Day Notice Account
All sums deposited in this account are subject to the 90 days notice requirement prior to withdrawal. Interest is paid quarterly on balances over £10,000.
120 Day Notice Account
All sums deposited in this account are subject to the 120 days notice requirement prior to withdrawal. Interest is paid quarterly on balances over £10,000.
250 Day Notice Account
All sums deposited in this account are subject to the 250 days notice requirement prior to withdrawal. The interest rate for the 250 Day Notice Account is guaranteed to pay 0.15% below the UK Base Rate. Interest is paid quarterly on balances over £10,000.
USD 35 Day Notice Account
All sums deposited in this account are subject to the 35 days notice requirement prior to withdrawal. Interest is calculated daily and paid quarterly.
January 2026 Tax Payment Deposit Account
The maturity date of this deposit will be 14th January 2026.
July 2026 Tax Payment Deposit Account
The maturity date of this deposit will be 14th July 2026.
January 2027 Tax Payment Deposit Account
The maturity date of this deposit will be 14th January 2027.
July 2027 Tax Payment Deposit Account
The maturity date of this deposit will be 14th July 2027.
Jockey Savings Plan (JSP)
An instant access account available to licensed BHA jockeys.
What you need to know
Our products are exclusively for our clients. You can view the current Weatherbys Bank Base Rate here.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). For further information about the compensation provided by the FSCS, please refer to their website at www.fscs.org.uk or you can find out more here.