Bank of Ireland UK operates as Bank of Ireland plc, authorised and regulated by the FCA/PRA under Firm Reference Number 512956. This review covers its online isa and limited edition fixed term deposits range, its position under the Financial Services Compensation Scheme, eligibility, and the customers it tends to suit, using verified information only.
What Bank of Ireland UK is
The current range covers online isa (easy access, 1 year and 2 year fixed rate), limited edition fixed term deposits (6, 12, 24 months), classic saver, kidsave. These are the products a new customer would actually encounter, and each carries its own terms around access, notice periods and eligibility that are worth reading before any money moves.
How it works
Savings products like these are funded by the customer depositing money, with returns paid as interest or, for Sharia-compliant providers, as an expected profit rate. Access depends on the account type: instant or easy access allows withdrawals on demand, while fixed-term and notice accounts trade flexibility for a higher headline rate.
Money held in eligible deposits is covered by the Financial Services Compensation Scheme, which is the backstop that applies if an authorised deposit-taker fails. That cover is per eligible person and is worth checking against any other balances held with the same banking group.
The detail that changes the picture
The nuance with Bank of Ireland UK is less about the headline rate and more about access and protection: how quickly money can be withdrawn, whether the rate is fixed or variable, and how the deposit sits under FSCS rules. Those three points usually matter more than a small difference in advertised rate.
Who Bank of Ireland UK fits
Rates shown on Bank of Ireland UK's website on 20 September 2026
| Label on provider page | Rate | Basis |
|---|---|---|
| includes a fixed bonus of | 3.40% | gross |
| Rate shown | 4.60% | gross |
| Rate shown | 4.50% | AER |
| Find out more Classic Saver Account | 1.45% | gross |
| Find out more KidSave Account | 2.15% | gross |
| e Limited Edition Fixed Term Deposit 6 month | 3.71% | gross |
| Rate shown | 3.75% | AER |
Read automatically from the provider's page on 20 September 2026; labels are as they appear there. Rates change; confirm on the provider's site before acting.
Regulation and protection
Bank of Ireland UK is covered by UK financial regulation through Firm Reference Number 512956, which can be checked on the FCA register. That reference is the single most reliable way to confirm a firm is genuine before any money changes hands.
Eligible deposits are protected by the FSCS. The limit applies per eligible person per authorised firm, so anyone holding larger balances should check how cover spreads across the wider banking group.
Guides for Bank of Ireland UK |
Compare Bank of Ireland UK against the market
Important information This article is for general information only and is not financial advice. Kaeltripton is not authorised by the Financial Conduct Authority and does not provide regulated advice or recommendations. Rates, products and eligibility change; always confirm details with the provider and the relevant regulator before acting. Kaeltripton is registered with the Information Commissioner's Office (ICO registration ZC135439). |
Regulator check
| FCA register number | 512956 (check on the FCA register) |
| Deposit protection | Eligible deposits with an authorised UK deposit taker are protected by the FSCS up to £120,000 per person per banking licence (limit raised from £85,000 on 1 December 2025). Brands sharing one licence share one limit. |
| Complaints | Complain to the firm first; after eight weeks or a final response, the Financial Ombudsman Service can review it free of charge. |
| Checked | 20 September 2026 |
Frequently asked questions
A Fixed Rate product does not allow you to withdraw your money before the end of the fixed term.?
Is Bank of Ireland UK FCA regulated?
Yes. The verified records show Bank of Ireland (UK) plc authorised under Firm Reference Number 512956, which you can confirm on the FCA register.
Is my money with Bank of Ireland UK FSCS protected?
Eligible deposits are protected by the FSCS. The limit applies per eligible person per authorised firm, so check it against any other balances you hold in the same group.
What does Bank of Ireland UK offer?
The verified range includes online isa (easy access, 1 year and 2 year fixed rate), limited edition fixed term deposits (6, 12, 24 months), classic saver. Always confirm current availability and terms on the official site.
Who is Bank of Ireland UK best for?
It is positioned for uk retail savers. Whether it suits you depends on your own amount, time horizon and existing arrangements.
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