Guaranteed Fixed Deposit

Maximise returns on your surplus funds

• Account based on money market rates
• Guaranteed fixed rates of return throughout term
• Choice of deposit term
• Minimum deposit £50,000
• Interest paid gross at maturity

Make your surplus funds work harder

Surplus funds are often overlooked as a source of business income. But, with our Guaranteed Fixed Deposit, your surplus funds could be earning a competitive rate of interest and making money for your business. And, because the account is based on the money market rather than Base Rate, it opens up a whole new investment opportunity. It also reflects changes in the markets much faster than Base Rate linked products.

Flexible terms. Fixed rates of interest

This account is available over 12 terms: between 1 and 12 months. You choose the term. We fix the interest rate throughout the term*. This way you know that, whatever happens in the markets, you will earn the same rate on your deposit – guaranteed. What's more, you can open as many accounts as you wish.

Current Interest Rates

AER and gross interest rates are defined in our Important Information section.

Apply now

Either apply online or call us on +44 (0)845 300 1122†.

*Withdrawals are not permitted before maturity.

Prior to maturity, we will contact you regarding your options. Without further instruction funds will automatically roll over to a renewed term.

Open to trading entities and excludes financial institutions. Direct applicants only.

Maximum deposit £50 million. Higher amounts to be reviewed and accepted at the Bank's discretion.