The interest rate available on a Term Deposit Account is dictated by the length of time you are willing to leave your funds in it. This makes it a highly focused way of saving that can get you to your savings goal quicker, but has less flexibility than other types of bank account. For that reason, a Term Deposit Account is the perfect solution for people who know they can set their funds aside for a fixed period. No withdrawals or additional deposits are allowed in a Term Deposit Account, and interest is paid annually.
|Product Type||Interest Rate||Minimum Deposit||Maximum Deposit|
|7 Year||1.45% AER||£1,000||£250,000||Apply||More info|
No withdrawals or additional deposits allowed, interest paid annually. Access - Internet Banking, Phone