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Whatever the size of your savings and whether you require instant access or can invest for a longer term, we have a range of options to help you make the most of your money.

To help find the best savings solution for your business, you should consider how much you want to invest, what level of return you hope to achieve, how much risk you are willing to take and how often you will need access to your funds.

This comparison tool is for illustrative purposes only
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ProductsBusiness Investment AccountNorthern Fixed Term DepositsTreasury Fixed Term Deposits
 
Interest Rates (AERs) *VariableFixed Fixed
Min. /Max. Balance£1 / None£1,000 / £249,999£250,000 / None
Withdrawal ArrangementsNo notice period or penalties for withdrawalWithdrawals can normally only be made on maturity date. Withdrawals can normally only be made on maturity date.
Interest AppliedQuarterlyOn maturityOn maturity
AccessBranch, 24 Hour Telephone Banking, Business eBankingBranchBranch
 

 NOTES

  • * Interest rates can change daily,please ask at any Northern Bank branch or refer to our Interest Rates Brochure (PDF) for details
  • AER stands for ‘annual equivalent rate’ and shows what the yearly rate of interest would be, after taking into consideration how often interest is added to the account, and assuming no withdrawals are made
  • As every advertisement for a savings product which quotes an interest rate will contain an AER, you will be able to compare more easily what return you can expect from your savings over time
  • Interest is paid net of tax at the prevailing rate except when provided with appropriate supporting documentation in accordance with HMRC requirements  
  • For Term Deposit accounts in special circumstances you may apply to make a withdrawal or close the account before the end of the Fixed Term maturity date. If we agree to such a request an early withdrawal charge, calculated at the time of the withdrawal or closure, will apply. Please refer to our Fees and Service Charges Explained (PDF)

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Northern Bank Limited, Donegall Square West, Belfast BT1 6JS. Registered in Northern Ireland R568. Phone +44 (0) 28 9004 5000. Calls may be recorded. Northern Bank Limited is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Northern Bank Limited is entered in the Financial Services Authority's register, registration number 122261. VAT number GB853 7590 92. Northern Bank Limited subscribes to the Lending Code.
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