New 2-year fixed-term deposit rate for personal and business customers of 3.00% (5.98% return over full 2-year term).
New 1-year fixed-term deposit rate for personal and business customers of 2.50%
No upward limit on funds that can be deposited or on funds that will attract interest
No fees or subscriptions required to access these rates
No need to have a
Up to 25% of funds can still be withdrawn during the term
Protected by the
Wednesday 29 May -
New 2-year Advantage Fixed-Term Deposit Account offering 3.00% and no maximum limit
The Bank is introducing a new 2-year fixed-term deposit account with a rate of 3.00%, an increase of 1.00% on current 2-year fixed-term deposit rates (5.98% return over full 2-year term). There is no upward cap on the savings balance, with interest paid on the full balance. Customers can also access up to 25% during the term.
New 1-year Advantage Fixed-Term Deposit Account offering 2.50% and no maximum limit
We are also introducing a new 1-year fixed-term deposit account with a rate of 2.50%, an increase of 0.50% on the current 1-year rate. There is no upward cap on the savings balance, with interest paid on the full balance. Customers can access up to 25% during the term.
The new rates announced today are available from
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