Northern Fixed Term Deposit

Now even more competitive on savings

If you know that your business won’t need instant access to all or part of its surplus cash, it makes sense to invest in a Northern Fixed Term Deposit.

With a wide selection of terms available, from one week to five years, and attractive tiered interest rates, you can select the most appropriate term for your business.

We have a number of limited edition rates available at the minute including:

Our 9 month term offering a rate of 1.25% Gross/AER on balances up to £24,999 and 2.25% Gross/2.26% AER on balances of £25,000 and over.
Our 2 year term offering a rate of 1.50% Gross / 1.49 % AER on balances up to £24,999 and 3.00% Gross/2.96% AER on balances of £25,000 and over.

Various other terms and rates are available - Apply in branch or speak to your Account Manager.

Details and Prices and Conditions apply (see below).

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Save more, earn more
Interest rates are tiered, so the more you invest, the more you earn.

You can invest any amount, from a minimum of £1,000 for a variety of fixed terms. As the amount, term and interest rate are fixed at the time of deposit, you know exactly what interest you will receive for the entire period.

The terms available are:

One or two or three weeks;
One, two, three, four, five, six, seven, eight, nine, ten or eleven months;
One, two, three, four or five years; or
For any term ending on a specified date as selected by you (subject to a minimum term of seven days and a maximum term of five years).

Withdrawals can normally only be made on the maturity date.

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