Save again and earn interest
Your Fixed Term Deposit is about to end, which means it's maturing. You have several options:
Put your savings into a new Fixed Term Deposit Account
Update your maturity instruction
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Interest Rates
Fixed Term Deposit Account
These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.
AER1
Gross p.a.2
Term length
AER1
1.81%
Gross p.a.2
1.80%
Term length
3 months
AER1
2.93%
Gross p.a.2
2.91%
Term length
6 months
AER1
2.66%
Gross p.a.2
2.65%
Term length
9 months
AER1
2.65%
Gross p.a.2
2.65%
Term length
12 months
AER1
2.93%
Gross p.a.2
2.91%
Term length
Fixed until 09/07/2025
AER1
2.65%
Gross p.a.2
2.65%
Term length
Fixed until 13/05/2026
Interest rates stated above are available as at 20/12/2024 and expire on 06/02/2025 but may be subject to change. Once you open your deposit account, the interest rate is fixed, so will stay the same throughout your chosen term.
Interest is calculated as follows: Interest rate multiplied by the number of days of the fixed term divided by 365 days then multiplied by the initial deposit amount. For example, a £10,000 deposit for 3 months at a 2.50% interest rate would be calculated as follows: 2.50% x (91/365) x £10,000.
Interest is paid at the end of the agreed term.
We only offer standard terms online for Fixed Term Deposit Accounts. If you would like to apply for bespoke term lengths or you need to select specific start and end dates for your deposit, call us on 0345 600 6391. We are available 8am to 5pm Monday to Friday.
Notice Accounts
The interest rates shown in the table are variable.
These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m. Interest is calculated and paid to your account daily (unless otherwise agreed). The interest rate is set and managed by Lloyds Bank.
AER1
GROSS p.a.2
Notice period
AER1
2.33%
GROSS p.a.2
2.30%
Notice period
32 days’ notice required to make withdrawal or close the account
AER1
3.52%
GROSS p.a.2
3.46%
Notice period
95 days’ notice required to make a withdrawal or close the account
Interest rates stated above are available as at 20/12/2024 and expire on 06/02/2025 but may be subject to change.
Instant Access Account
The interest rates shown in the table are variable.
Current interest rates
Business instant access account Interest paid monthly
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
Interest paid monthly
£20,000,000+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.92%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.90%
Interest paid monthly
£10,000,000+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.81%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.80%
Interest paid monthly
£1,000,000+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.64%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.63%
Interest paid monthly
£500,000+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.11%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.10%
Interest paid monthly
£100,000+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.00%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.00%
Interest paid monthly
£1+
AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
1.00%
Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
1.00%
These interest rates are correct as at 3 December 2024. Interest is calculated daily and paid monthly.
1 AER – The AER stands for Annual Equivalent Rate and is the notional rate, which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER, you’ll be able to compare more easily what return you can expect from your savings over time.
2 Gross Rate – Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
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Fixed Term Deposit Accounts
For customers with an annual turnover of £0-25m
Fixed Term Deposit product information factsheet (PDF, 148 KB)
32 Day Notice Account
For clients with an annual turnover of £0-25m
32 Day Notice account product information factsheet (PDF, 376 KB)
95 Day Notice Account
For clients with an annual turnover of £3m-£25m
95 Day Notice account product information factsheet (PDF, 384 KB)
Fixed Term Deposit and Notice Account Terms and Conditions
Product Terms for Deposit Accounts (PDF, 397 KB)
Instant Access Account