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 (cbonline.co.uk) is currently offering a Term Deposit Account giving an interest rate of up to 5.00% Gross/AER for 60 months (5 years) Term Deposit.

Terms are between 1 to 5 years.

Minimum deposit is £2,000.

Terms and rates (Gross/AER p.a.):

• 1 Year 3.50%
• 18 Months 3.50%
• 2 Years 3.75%
• 3 Years 4.50%
• 5 Years 5.00%

Interest capitalised at maturity. There is also a monthly interest Term Deposit option.

One early withdrawl allowed, subject to penalty.