Fixed Term savings
Helping you plan with fixed rates over a fixed termApply in branch or call us
You must be aged 16 or over to open a Fixed Term account. Interest rates are an indication only, please call us or visit your local branch for the latest interest rates.
A fixed rate savings account for a fixed term, so you know in advance how much your savings will earn, helping you save for the future.
TickStart saving with balances from £5,000
TickChoose a fixed term that suits you - from 6, 9 or 12 months
TickCould be right for you if you won’t need access to your money within the next 6 to 12 months
TickEarn between 1.04% AER/Gross p.a. (variable) and 1.45% AER/Gross p.a. (variable), depending on the term you choose and how much you save
No. Early withdrawals or early closure before the Maturity Date of a Fixed Term Deposit are not permitted, except at the Bank's sole discretion.
You'll need to have a Cash Management account so that we can pay you any interest you have earned, as well as your deposit when your set period of time has come to the end of its’ term.
If you don’t have a Cash Management account, we will open one for you.
Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.
Gross is the interest rate paid before the deduction of tax
p.a. per annum (per year)
Start Date is the date on which your money is fixed
Maturity Date is the date on which your Deposit matures
We want to make sure that you have all the information you need before you open an account with us. So before you do, please take some time to read and save,download or print this information.