Online Bank Accounts – UK

The Term Deposit Account by Clydesdale Bank (cbonline.co.uk) gives you an interest rate of up to 5.10% gross/AER for the full 5 year term.

A Term Deposit account can be ideal for you and your savings if you want to and can put away a lump sum without making any withdrawals or additional deposits over the term you have chosen. The longer the term the higher the interest rate you get.

The Term Deposit Account by Clydesdale Bank let you select the savings term you prefer among a series of options ranging from 1 to 5 years.

3 month and 6 month terms are also available.

You can invest a sum between £2,000 and £5,000,000.

Interest is capitalised and paid annually or on term maturity.

However, you can decide for monthly interest payment, if you wish to.

Clydesdale Bank PLC (cbonline.co.uk) is currently offering a range of Term Deposit Accounts varying from 1 to 5 years and yielding up to 5.10% Gross/AER interest rate.

In particular, you can choose among the following Term Deposit Accounts:

• 12 Months, 3.20% Gross,  3.20% AER p.a., 2.56% Net p.a.
• 18 Months, 3.20% Gross,  3.20% AER p.a., 2.56% Net p.a.
• 2 Years, 3.50% Gross,  3.50% AER p.a., 2.80% Net p.a.
• 3 Years, 4.25% Gross,  4.25% AER p.a., 3.40% Net p.a.
• 5 Years, 5.10% Gross,  5.10% AER p.a., 4.08% Net p.a.

Deposit can be between £2,000 and £5,000,000.

There are also MONTHLY interest TEM Deposit options available.

Early withdrawals subject to penalty.