Personal Savings

Fixed Term Deposit Account

  • Apply Online
  • Residents of the UK
  • Individuals 18 or over 
  • Deposit between £5,000 and £100,000
  • Enjoy a guaranteed fixed interest rate
Choose how long to keep your money in this account?
Based on the term, you’ll earn
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Interest rates effective from 14 October 2024

Fixed Term Deposit Account Product Information

Our Fixed Rate Deposit accounts are designed to offer you a guaranteed interest rate, ensuring your savings grow and your interest rate will not change for the term of your account.

Term
Interest Rate
ANNUAL Gross
Interest Rate
ANNUAL AER
Interest Rate
Monthly Gross
Interest Rate
Monthly AER
Interest Payment
Options
Deposit
Amount
Summary Box Download
Term
6 Months
Interest Rate ANNUAL Gross
3.90%
Interest Rate ANNUAL AER
3.90%
Interest Rate Monthly Gross
3.70%
Interest Rate Monthly AER
3.76%
Interest Payment Options
Maturity & Monthly
Deposit Amount
£5000 - £100,000
Summary Box Download
Term
9 Months
Interest Rate ANNUAL Gross
3.90%
Interest Rate ANNUAL AER
3.90%
Interest Rate Monthly Gross
3.70%
Interest Rate Monthly AER
3.76%
Interest Payment Options
Maturity & Monthly
Deposit Amount
£5000 - £100,000
Summary Box Download
Term
1 Year
Interest Rate ANNUAL Gross
5.00%
Interest Rate ANNUAL AER
5.00%
Interest Rate Monthly Gross
4.80%
Interest Rate Monthly AER
4.91%
Interest Payment Options
Annually & Monthly
Deposit Amount
£5000 - £100,000
Summary Box Download
Term
2 Years
Interest Rate ANNUAL Gross
3.60%
Interest Rate ANNUAL AER
3.60%
Interest Rate Monthly Gross
3.40%
Interest Rate Monthly AER
3.45%
Interest Payment Options
Annually & Monthly
Deposit Amount
£5000 - £100,000
Summary Box Download
Term
3 Years
Interest Rate ANNUAL Gross
3.30%
Interest Rate ANNUAL AER
3.30%
Interest Rate Monthly Gross
3.10%
Interest Rate Monthly AER
3.14%
Interest Payment Options
Annually & Monthly
Deposit Amount
£5000 - £100,000
Summary Box Download
How Much Can I Deposit?

Minimum to Maximum Deposit: Your account can be opened with a deposit ranging from £5,000 to £100,000.

Over What Term?

Term Flexibility: Choose a term that suits your financial goals, ranging from 6 months to 3 years.

How Is The Interest Paid?

Interest Flexibility: Opt for monthly or annual interest payments to your nominated account. If term is less than a year, interest will be paid on maturity instead of annually. 

Account Holder Eligibility?

Sole Accounts Only: We welcome applications for sole account holders to maintain the simplicity and security of your savings.

Are Withdrawals Permitted?

Maturity Withdrawals: To safeguard your financial growth, withdrawals are restricted until the account reaches maturity.

What Happens On Maturity?

Proactive Communication: Expect a notification from us at least 28 days before your account matures, outlining your options and seeking your directions for the future of your account upon maturity.

How to Apply: I am a New Customer

Are You Eligible?

To open a Fixed Term Deposit Account you need to meet the following requirements:

  • You must be at least 18 years old
  • You must be a permanent UK resident (excludes the Channel Islands and the Isle of Man)
  • You must be resident for tax purposes only in the UK, excluding the Channel Islands and the Isle of Man
  • You must have a valid UK mobile phone number as this will be used to send verification codes by text message
  • You must hold a UK current account
You Will Require:
  • Your UK Current Account details
  • Your National Insurance Number
  • Your Tax Identification Number 
  • Your Passport or Driving Licence 
You're Almost Ready
  • You meet the requirements set out in the ‘Are you eligible?’
  • You have the documents and reference numbers to 'Apply Now'
  • You have reviewed the product information, read and understood the important documents

Apply Now

How do I Apply: I am an Existing Customer?

Existing Customer?

Accounts can be managed through our self-service portal. Existing customers may click the “Manage My Account” button below to log in.

Manage My Account