Fixed Term Deposit
If you wish to invest your money for a specific period of time, we offer Fixed Term Deposit accounts with a range of terms and attractive rates of interest.
Minimum balance is £2,000; no maximum.
You can invest for a term of 1 or 2 weeks;
1, 2, 3, 4, 6, or 9 months;
or 1, 2, 3 or 5 years.
Alternatively you can specify an end date as long as the term is not less than 1 week or more than 1 year.
Your interest rate is fixed for the chosen term. Ask at any branch for current interest rates.
Statements are provided annually in April and on account closure.
In special circumstances you may apply to make an early withdrawal or close account before the end of the term. A fee will be payable.
Interest is paid on maturity.*
* Interest is paid net of tax at the lower rate unless you furnish a valid declaration in accordance with Inland Revenue requirements (Form R85).
Important information
Northern Bank Limited is a member of the
Financial Services Compensation Scheme
, which provides important protections for your savings.
Contact
Get in touch with your local branch:
Find your branch
.