Clydesdale and Yorkshire banks are both offering the highest interest rate for a fixed term 1 year savings account.
The Yorkshire Bank and Clydesdale Bank have been very busy this week offering up some great interest rates on savings, such as: 3 year fixed rate savings highest interest rate 4.3% Yorkshire BS & Clydesdale Bank. and 5 year fixed rate savings highest interest rate 4.7% Yorkshire and Clydesdale Bank. they're also offering the highest interest rate for a 1 year fixed rate savings account find out more here:
Term Deposit - Personal Savings - Personal Banking - Yorkshire Bank
Term Deposit - Personal Savings - Personal Banking - Clydesdale Bank
Yorkshire Bank information: Term Deposit - Personal Savings - Personal Banking - Yorkshire Bank Our Term Deposit account is ideal if you want to put away a lump sum – as long as you don’t want to make any withdrawals or additional deposits.
Main features
- Guaranteed interest rates - up to 5.16% Gross*/4.70% AER+ if held for the full 5 year term, minimum deposit £2,000
- Range of savings terms – choose from 3, 6, 12, 18 and 40 months and 2, 3 and 5 years
- Start from £2,000 – and save up to £5,000,000
- Interest capitalised and paid annually, or on term maturity
- Monthly or annual payment interest option also available – receive your interest monthly, paid directly to your Yorkshire Bank account
Withdrawals
Withdrawals or early closure of the Term Deposit are not permitted under any circumstances during the Fixed Term except in the event of the death of the Account Holder (or one of them if joint account). See Terms and Conditions (opens in new window) of the account for further information.
Clydesdale Bank information: Term Deposit - Personal Savings - Personal Banking - Clydesdale Bank
Our Term Deposit account is ideal if you want to put away a lump sum – as long as you don’t want to make any withdrawals or additional deposits.
Main features
- Guaranteed interest rates – up to 5.16% Gross*/4.70% AER+ if held for the full 5 year term, minimum deposit £2,000
- Range of savings terms – between 1 and 5 years - for 3 month and 6 month terms please call into your local Clydesdale Bank branch
- Start from £2,000 – and save up to £5,000,000
- Interest capitalised and paid annually, or on term maturity
- Monthly or annual interest payment option also available – receive your interest monthly, paid directly to your Clydesdale Bank account
Withdrawals
Withdrawals or early closure of the Term Deposit are not permitted under any circumstances during the Fixed Term except in the event of the death of the Account Holder (or one of them if joint account). See Terms and Conditions (PDF, opens in new window) of the account for further information.
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Clydesdale and Yorkshire banks are both offering the highest interest rate for a fixed term 1 year savings account.
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The AA 1 year bond is also offering 3.6% but you do not need £2000+ you can open an account from as small as £1, find out more here:
Fixed-rate Savings Accounts : protection against fluctuations in interest rates - The AA
Account benefits
- Get a fixed rate of interest on your savings, so you know exactly how much your money will earn for the term of the account.
- With our Fixed Rate Savings accounts you'll receive your interest yearly on the anniversary of the first deposit.
- Save from £1 up to £5 million in your savings account per customer.
- Withdrawals are not allowed with our 1 Year Fixed Rate Savings Account. With our 2, 3 and 5 Year Fixed Rate Savings accounts, withdrawals are allowed by post, subject to a charge that is equivalent to between 90 and 365 days gross interest on the amount withdrawn, depending on the remaining term of the account. The charge will be taken from the account balance and depending on when the withdrawal is made, this may result in you getting back less than you originally deposited. Please refer to the specific account conditions.
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