Fixed Term Deposits

Features and benefits

  • Fixed rate

    • Know exactly how much you'll earn.

  • Available in Sterling, US Dollar and Euro
  • View with mobile and internet banking
  • Call us for more

    • Other terms and currencies available when you call us.

Keep in mind

  • Minimum deposit

    • Minimum deposit: £10,000/US$10,000/€10,000.

  • Withdrawal only on maturity

    • No withdrawal until the end of the term. See Important Information below.

  • Servicing Account (Money Market Call Account)

    • You will require a servicing account to open a Fixed Term Deposit.
    If you do not already hold one, we will open a Money Market Call Account for you.
    You will be required to fund your servicing account before we can open your Fixed Term Deposit.
    Further details surrounding next steps will be provided in your welcome letter.

  • Interest Rate

    • The interest rates advertised are not fixed until receipt of your deposit and any supporting documentation required to open your Fixed Term Deposit.​
    ​You will receive the interest rate on the day you notify us to place your funds on deposit.

  • Where the account is domiciled

    • Accounts are domiciled in the Isle of Man and are provided by Lloyds Bank Corporate Markets plc a wholly owned subsidiary of Lloyds Banking Group plc.

  • Eligibility

    • Available in many countries but not all and other criteria applies, please see below.

  • Online applications

    • Currently online applications are only available for £, US$ and €.

Open a Fixed Term Deposit account

 

Apply for an account today

Scan the QR code to apply.

New and existing customers can apply using our international mobile app.

Eligibility checker

Depending on legislation and regulations of the country you live in, we may not be able to offer you this account.

Check your eligibility

Mobile banking app

 For the best experience, apply using our international mobile app.

Apply for a new account

Eligibility checker

Depending on legislation and regulations of the country you live in, we may not be able to offer you this account.

Check your eligibility

  • Sterling and US Dollar

    Access

    At the end of the term. For deposits with a term of less than 12 months, see additional information below.

    Term

    6 months to 2 years, other terms may be available on request.

    Annual interest rate (AER /Gross)

    See below.

    Minimum deposit

    £10,000/US$10,000/€10,000

    Maximum deposit

    £5,000,000/US$5,000,000/€5,000,000

    Annual interest rate (Gross/AER)

    Select currency:

    Sterling

    US Dollar

    Euro

    Sterling:

    Sterling

    Sterling

    6 months
    Annual interest rate %(Gross/AER)

    1 Year
    Annual interest rate %(Gross/AER)

    2 years
    Annual interest rate %(Gross/AER)

    Sterling

    £10,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.50

    1 YearAnnual interest rate %(Gross/AER)

    3.50

    2 yearsAnnual interest rate %(Gross/AER)

    3.50

    Sterling

    £50,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.60

    1 YearAnnual interest rate %(Gross/AER)

    3.50

    2 yearsAnnual interest rate %(Gross/AER)

    3.60

    Sterling

    £250,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.70

    1 YearAnnual interest rate %(Gross/AER)

    3.55

    2 yearsAnnual interest rate %(Gross/AER)

    3.60

    Sterling

    £500,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.70

    1 YearAnnual interest rate %(Gross/AER)

    3.65

    2 yearsAnnual interest rate %(Gross/AER)

    3.60

    Sterling

    £1,000,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.75

    1 YearAnnual interest rate %(Gross/AER)

    3.65

    2 yearsAnnual interest rate %(Gross/AER)

    3.60

    US Dollar:

    US Dollar

    US Dollar

    6 months
    Annual interest rate %(Gross/AER)

    1 Year
    Annual interest rate %(Gross/AER)

    2 years
    Annual interest rate %(Gross/AER)

    US Dollar

    $10,000+

    6 monthsAnnual interest rate %(Gross/AER)

    2.65

    1 YearAnnual interest rate %(Gross/AER)

    3.00

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    US Dollar

    $50,000+

    6 monthsAnnual interest rate %(Gross/AER)

    2.65

    1 YearAnnual interest rate %(Gross/AER)

    3.00

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    US Dollar

    $100,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.50

    1 YearAnnual interest rate %(Gross/AER)

    3.40

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    US Dollar

    $250,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.55

    1 YearAnnual interest rate %(Gross/AER)

    3.40

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    US Dollar

    $500,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.55

    1 YearAnnual interest rate %(Gross/AER)

    3.50

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    US Dollar

    $1,000,000+

    6 monthsAnnual interest rate %(Gross/AER)

    3.55

    1 YearAnnual interest rate %(Gross/AER)

    3.50

    2 yearsAnnual interest rate %(Gross/AER)

    3.00

    Euro:

    Euro

    Euro

    6 months
    Annual interest rate %(Gross/AER)

    1 Year
    Annual interest rate %(Gross/AER)

    2 years
    Annual interest rate %(Gross/AER)

    Euro

    €10,000+

    6 monthsAnnual interest rate %(Gross/AER)

    0.60

    1 YearAnnual interest rate %(Gross/AER)

    0.90

    2 yearsAnnual interest rate %(Gross/AER)

    1.25

    Euro

    €50,000+

    6 monthsAnnual interest rate %(Gross/AER)

    1.50

    1 YearAnnual interest rate %(Gross/AER)

    1.50

    2 yearsAnnual interest rate %(Gross/AER)

    1.50

    Important information

    • We will open a fee-free servicing account (Money Market Call Account) to allow you to    
      • Make your initial deposit.
      • Withdraw your money at the end of the term.
    • The interest rates advertised are not fixed until receipt of your deposit and any supporting documentation required to open your Fixed Term Deposit.
    • No additional deposits are allowed

    For accounts opened on or after the 2nd September 2024

    At the end of the term, we will pay the entire balance of the account to the servicing account.

    For accounts opened before the 2nd September 2024

    At the end of term we will:

    • for accounts where the term is less than 12 months, reinvest the entire balance of the account in a new Fixed Term Deposit account with a term that is the same and at the new rate of interest that applies on the date of reinvestment
    • for accounts where the term is 12 months or more, pay the entire balance of the account to the servicing account.

    Definitions:

    • Gross rate: is the contractual rate of interest payable before deduction of income tax at the rate specified by law.
    • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.

  • You're eligible if:

    • You are aged 18 or over.
    • You can deposit a minimum of £10,000, $10,000 or €10,000 in the account.

    Depending on legislation and regulations of the country you live in, we may not be able to offer you this account.

    Check eligibility

  • There is no fee for opening and holding a Fixed Term Deposit. There may be fees for early closures, and these are detailed within your terms and conditions.

  • Please note there are separate versions of the terms and conditions documents for

    • accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited (LBISL)
    • all other accounts held with Lloyds Bank Corporate Markets plc (LBCM) which were NOT held with Lloyds Bank (International Services) Limited accounts until 1 August 2022.

    Customer Relationship Agreement – LBCM (PDF, 383KB) [excluding accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]

    Customer Relationship Agreement – Ex-LBISL (PDF, 313KB) [for Lloyds Bank Corporate Markets plc accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]

    Account terms and conditions PDF - LBCM (PDF, 226KB) [excluding accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]

    Account terms and conditions – Ex-LBISL (PDF, 324KB) [for Lloyds Bank Corporate Markets plc accounts which until 1 August 2022 were held with Lloyds Bank (International Services) Limited]

Frequently asked questions

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