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Fixed Term Deposit

Guaranteed interest rates when you
Invest your money for 1 or 2 years

Earn a fixed rate of interest for 1 or 2 years

Fixed Term Deposit

If you have £5,000 or more to deposit, a 1 or 2 years Fixed Term Deposit may give you a better rate of interest than an instant access account.

1 Year Fixed Term Deposit

Are you happy to leave your savings untouched for one year? Our 1 Year Fixed Term Deposit could be right for you.

  • Minimum deposit of £5,000 or the currency equivalent
  • Available in a variety of currencies including Sterling, Euros and US Dollars
  • Interest paid at maturity
  • You must be aged 16 or over

Interest rates for 1 Year can vary. To find out our latest rates please call us or visit a branch.

2 Year Fixed Term Deposit

We will be releasing a new 2 year Fixed Term Deposit. Rates and dates will be confirmed in due course.

Here are some key points to remember:

  • Interest is calculated daily
  • Interest is paid into your instant access Cash Management account
  • If you do not have an existing Cash Management account one will be opened automatically with your Fixed Term Deposit
  • A deposit contract will be sent to you within 14 business days confirming the detail of the deposit which has been opened
  • Early withdrawals or early closure (before maturity) of a Fixed Term Deposit are not permitted, except at the Bank's sole discretion
  • The interest payment option cannot be amended mid term
  • This is a limited offer and may be withdrawn from sale at any time without prior notice
  • If at maturity you no longer require the Cash Management account linked to your Fixed Term Deposit, please advise us in writing to close the account
  • At maturity in the absence of any alternative instruction the deposit will be placed into your Cash Management account
  • The rate may not be available if cleared funds are not paid into your Cash Management account before this offer is withdrawn


  • Gross is the interest rate paid before the deduction of tax
  • The Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year
  • Maturity Date is the date on which your Deposit matures

Ready to apply?

Get in touch

01534 282828 |
01481 703800 |
Isle of Man
01624 697900 |
00350 200 77737 |
+44 (0) 1534 282300

Lines open: Mon to Fri 9.00am-5.00pm (excluding public holidays). Calls may be recorded