If you have money to set aside and are interested in higher returns, our Fixed Deposit Account may be the right choice for you. Our Fixed Deposit Account gives you a fixed rate of interest on your money for a defined period. That means you will always know exactly what returns you will receive, regardless of any changes in interest rates.
Summary Box - Key Product Information
Minimum Age
16 years old
(18 years old for a Foreign Currency Account)
Currencies Available
GBP, USD, HKD, EUR, AUD, CAD, JPY and SGD
Minimum Deposit
£2,000, US$5,000, or an equivalent of £5,000 in another currency
Choice of Terms Available
1, 2, 3, 6, and 12-month
Interest Rates (AERs)
For current interest rates, please click here , visit one of our branches, or call 0808 180 3838.
Tax Status
Tax (currently at 20%) will be deducted from the interest you have earned before the interest is paid into your account, unless you register your account with us to receive gross interest.
Withdrawal Arrangements
Early termination is permitted, subject to administrative fees and loss of interest for the deposit term.
Access
Apply and operate in branch
Additional Information
Tier-based interest paid at the end of the deposit term
Confirmation issued for each deposit
Auto rollover of principal and interest unless otherwise instructed
Note:
The deposit amount is fixed when the deposit is made - no top-ups or partial withdrawals are allowed during the term of the deposit. For details, please refer to our bank charges leaflet (PDF)
