Fixed Term savings
Fixed interest rate for a fixed term
Call us to applyTo speak to a member of the Premier Banking team please call:
Jersey: 01534 282961
Guernsey: 01481 703870
Isle of Man: 01624 697741
Gibraltar: 00350 200 52761
Lines are open Monday to Friday 9am-5pm except bank holidays. If outside of these hours, please leave a message and we will call you back as soon as possible.
Not a Premier Banking customer?
You can find out more about becoming a Premier Banking customer on the Our Service page.
You must be aged 16 or over to open a Fixed Term Deposit.
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Choose a term that works for you
Available in 6, 9 or 12 month terms
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Manage your savings
With a Cash Management account
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Know what your savings will earn
With a fixed interest rate
We understand the importance of your short, medium and long term planning and our range of Fixed Term Deposits are geared to make the most of your prosperity and wealth.
You can choose from a 6 month, 9 month or 12 month term to suit your needs and with a fixed term of interest you can know in advance what your savings will earn.
6 months
| Balance | Annual Equivalent Rate (AER) | Gross p.a. (fixed) |
|---|---|---|
| £5,000 - £99,999 | 1.00% | 1.00% |
| £100,000 - £249,999 | 1.05% | 1.05% |
| £250,000 - £499,999 | 1.10% | 1.10% |
| £500,000 - £749,999 | 1.15% | 1.15% |
| £750,000 - £4,999,999 | 1.20% | 1.20% |
9 months
| Balance | Annual Equivalent Rate (AER) | Gross p.a. (fixed) |
|---|---|---|
| £5,000 - £99,999 | 1.05% | 1.05% |
| £100,000 - £249,999 | 1.10% | 1.10% |
| £250,000 - £499,999 | 1.15% | 1.15% |
| £500,000 - £749,999 | 1.25% | 1.25% |
| £750,000 - £4,999,999 | 1.30% | 1.30% |
12 months
| Balance | Annual Equivalent Rate (AER) | Gross p.a. (fixed) |
|---|---|---|
| £5,000 - £99,999 | 1.10% | 1.10% |
| £100,000 - £249,999 | 1.15% | 1.15% |
| £250,000 - £499,999 | 1.20% | 1.20% |
| £500,000 - £749,999 | 1.30% | 1.30% |
| £750,000 - £4,999,999 | 1.40% | 1.40% |
The need-to-knows
Interest rates may vary depending on deposit term.
Interest is calculated daily and paid at maturity.
We also offer our Fixed Term Deposits in a variety of major currencies, other than Sterling. The interest rates for our currency Fixed Term Deposits change on a daily basis, please call us or visit your local branch for the latest rates.
6 month fixed term
| Amount fixed at start date |
Balance at maturity date |
Interest earned |
|---|---|---|
| £5,000 | £5,025 | £25 |
| £100,000 | £100,525 | £525 |
| £250,000 | £251,375 | £1,375 |
| £500,000 | £502,875 | £2,875 |
| £750,000 | £754,500 | £4,500 |
12 month fixed term
| Amount fixed at start date |
Balance at maturity date |
Interest earned |
|---|---|---|
| £5,000 | £5,055 | £55 |
| £100,000 | £101,150 | £1,150 |
| £250,000 | £253,000 | £3,000 |
| £500,000 | £506,500 | £6,500 |
| £750,000 | £760,500 | £10,500 |
These are only examples and do not take into account your individual circumstances. The examples assume that interest is paid into your Cash Management account.
Definitions
Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.
Gross is the interest rate paid before the deduction of tax
p.a per annum (per year)
Start Date is the date on which your money is fixed
Maturity Date is the date on which your Deposit matures
We want to make sure that you have all the information you need before you open an account, please take some time to read or download and save these documents.
To speak to a member of the Premier Banking team please call:
Jersey: 01534 282961
Guernsey: 01481 703870
Isle of Man: 01624 697741
Gibraltar: 00350 200 52761
Lines are open Monday to Friday 9am-5pm except bank holidays. If outside of these hours, please leave a message and we will call you back as soon as possible.
Not a Premier Banking customer?
You can find out more about becoming a Premier Banking customer on the Our Service page.