Castle Trust Bank

AndyJ161

Does anyone have any experience of dealing with Castle Trust Bank?
I'm exploring Fixed Rate savings bonds to 'home' £60K and they're offering a 1 year bond at 4.78% AER which looks pretty competitive. Unfortunately, I hadn't heard of them until today & know nothing about the bank other than the info on their web site so, if anyone is or has been a customer of theirs in the recent past I'd be grateful for any feedback you might be willing to share. Many thanks, AndyJ 

Bigwheels1111

Not used them, But Al Rayan had 4.8%.

https://www.raisin.co.uk/savings-accounts/fixed-rate-bonds/1-year/

Go via Raisin and get a refer a friend bonus, you both get £50.

https://www.raisin.co.uk/refer-friend-bonus/

I've had 8 savings products with them, Direct and via Raisin.

Never had an issue with them.

£68.00 more if referred.

oldernonethewiser

I've used them for a couple of things and had no issues.

LeafGreen

I have a cash ISA with them… no issues

t1redmonkey

I used them last year, put some money in a 6.2% fixed rate 1 year bond with them which matured in the summer.  The only issue I recall was they had a display bug on the interest rate showing on the money I had deposited for a few days, but they corrected it quickly, and I received the correct amount of interest at maturity, and no issues with having it paid out either.

Albermarle

AndyJ161 said:

Does anyone have any experience of dealing with Castle Trust Bank?
I'm exploring Fixed Rate savings bonds to 'home' £60K and they're offering a 1 year bond at 4.78% AER which looks pretty competitive. Unfortunately, I hadn't heard of them until today & know nothing about the bank other than the info on their web site so, if anyone is or has been a customer of theirs in the recent past I'd be grateful for any feedback you might be willing to share. Many thanks, AndyJ 

If any savings provider is mentioned in these comparison tables, you at least know they are legitimate and covered by the FSCS compensation scheme.
Discover the Best 1 Year Fixed Rate Bonds | Apply for Yours Today
Best savings accounts: 5% easy access or 4.81% fixed rates

Castle Trust are listed in both.

AndyJ161

Thank you to all of those who've taken the time to respond to my request for feedback on Castle Trust Bank.
Much obliged!
Kind regards, AndyJ