Apply online or call +44 (0) 1481 711102~.

~ For your security, calls may be monitored or recorded

** The Gross Rate of interest is the rate payable before taking into account any deduction of tax. If you are an EU resident individual, interest will be subject to retention tax unless you advise us that you wish us to exchange information regarding the interest with your relevant tax authority, in which case the interest will be paid gross. If you are not an EU resident individual, interest will be paid gross.

† The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

Interest is calculated on the cleared credit balance on a daily basis.

Annual interest option - Where the Fixed Term deposit is for 12 months or less, interest will be credited to the Account on the Maturity Date, or when the Account is closed. Where the Fixed Term deposit is more than 12 months, interested will be credited to the Account on each anniversary of the Commencement Date and at the Maturity Date or when the Account is closed.

Monthly interest option - interest is credited to Accounts each month on the anniversary of the Commencement Date. If such a date is not a Business Day, then it will be credited on the first Business Day thereafter.

During the fixed term, you can only make one withdrawal of the full amount, including any accrued interest. Such a withdrawal will be subject to an early repayment charge (£30 minimum charge) the amount of which is dependent on the number of days to Maturity. Call the branch or see Terms and Conditions for details. The charge will be deducted from any accrued interest, but where there is insufficient accrued interest to meet the charge in full, any additional sum will be deducted from the capital in the account. If early repayment is requested then the stated interest will not be achieved.

In all cases, you will be responsible for disclosure to the relevant tax authorities of the amount of interest credited to the Account and the settlement of any tax liability thereon.

This webpage and any accompanying documentation reflect our understanding of the tax position of some customers holding accounts with Clydesdale Bank International ("CBI"). However, CBI is not a tax advisor and accepts no liability for any errors or omissions on this webpage or accompanying documentation. If you have any questions relating to your tax circumstances and obligations you should seek professional advice or contact the relevant tax authorities.

Important Information

Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey branch of Clydesdale Bank PLC is licensed as a deposit taker by the Guernsey Financial Services Commission, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994 as amended.