Savings Accounts Interest Rates
Instant Savings Account Interest Rates
Listed below are the interest rates for the Instant Savings Account. To view rates for other savings products please click on the tabs above.
Instant Savings Account - Sterling Current Rates
| Account Balance | Gross** (% p.a.) |
Monthly Gross** (%) |
AER† (%) |
|---|---|---|---|
| £100,000 - £30,000,000 | 0.80 | 0.79 | 0.80 |
| £50,000 - £99,999 | 0.70 | 0.69 | 0.70 |
| £25,000 - £49,999 | 0.60 | 0.59 | 0.60 |
| £1 - £24,999 | 0.50 | 0.49 | 0.50 |
Instant Savings Account - Sterling Previous Rates
| Account Balance | Gross** (% p.a.) |
Monthly Gross** (%) |
AER† (%) |
|---|---|---|---|
| £100,000 - £30,000,000 | 1.30 | 1.29 | 1.30 |
| £50,000 - £99,999 | 1.20 | 1.19 | 1.20 |
| £25,000 - £49,999 | 1.10 | 1.09 | 1.10 |
| £1 - £24,999 | 1.00 | 0.99 | 1.00 |
Minimum deposit required to open and maintain this account is £5,000 and the maximum balance is £30,000,000.
Interest is calculated on the cleared credit balance on a daily basis.
Annual interest option - interest is credited to accounts on 1 April.
Monthly interest option - interest is credited to accounts on the first day of the month.
Credits to or withdrawals from the account must be for a minimum of £500.
Instant Savings Currency Options
| Account Balance | Gross** (% p.a) |
Previous Gross** (% p.a) |
Monthly Gross** (%) |
Previous Monthly Gross** (%) |
AER† (%) |
Previous AER† (%) |
|---|---|---|---|---|---|---|
| USA ($) $1 - $60,000,000 |
0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Euro (€) $1 - $60,000,000 |
0.90 | 1.15 | 0.90 | 1.14 | 0.90 | 1.15 |
| Australia ($) $1 - $60,000,000 |
2.70 | 2.70 | 2.67 | 2.67 | 2.70 | 2.70 |
| New Zealand ($) $1 - $60,000,000 |
2.20 | 2.20 | 2.18 | 2.18 | 2.20 | 2.20 |
** 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.
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.
Rates of interest are subject to change but are correct as at 1st August 2010. You can find out about our current interest rates:
- from your branch
- by phoning our helpline on +44 (0) 1481 711102~
- on our website www.clydesdalebankinternational.com
~ For your security, calls may be monitored or recorded.
Important Information
Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Full details are available on the Scheme's website www.dcs.gg or on request.
There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.
Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR
Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663
Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.
View full details of The Guernsey Banking Compensation Scheme
Notice Account Interest Rates
Listed below are the interest rates for the Notice Account. To view rates for other savings products please click on the tabs above.
Notice Account - Current Rates
| Account Balance | Gross** (% p.a.) |
Monthly Gross** (%) |
AER† (%) |
|---|---|---|---|
| £100,000 and over | 1.25 | 1.24 | 1.25 |
| £50,000 - £99,999 | 1.15 | 1.14 | 1.15 |
| £25,000 - £49,999 | 1.05 | 1.04 | 1.05 |
| £1 - £24,999 | 0.95 | 0.95 | 0.95 |
Notice Account - Previous Rates
| Account Balance | Gross** (% p.a.) |
Monthly Gross** (%) |
AER† (%) |
|---|---|---|---|
| £100,000 and over | 1.50 | 1.49 | 1.50 |
| £50,000 - £99,999 | 1.40 | 1.39 | 1.40 |
| £25,000 - £49,999 | 1.30 | 1.29 | 1.30 |
| £1 - £24,999 | 1.20 | 1.19 | 1.20 |
Minimum deposit required to open and maintain this account is £10,000.
Interest is calculated on the cleared credit balance on a daily basis.
Annual interest option - interest is credited to accounts on 1 April.
Monthly interest option - interest is credited to accounts on the first day of the month.
Credit to or withdrawals from the account must be for a minimum of £500.
Withdrawals require 30 days notice.
A charge will be made (equivalent to 30 days interest) where less than 30 days notice is given for a withdrawal. This is not part of the fee-free offer.
A minimum of 5 business days notice is required for withdrawals where 30 days notice is not given.
** 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.
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.
Rates of interest are subject to change but are correct as at 1st August 2010. You can find out about our current interest rates:
- from your branch
- by phoning our helpline on +44 (0) 1481 711102~
- on our website www.clydesdalebankinternational.com
~ For your security, calls may be monitored or recorded.
Important Information
Clydesdale Bank International is a trading name of Clydesdale Bank PLC. The Guernsey Branch of Clydesdale Bank PLC is licensed by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Full details are available on the Scheme's website www.dcs.gg or on request.
There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.
Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR
Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663
Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.
View full details of The Guernsey Banking Compensation Scheme
Term Deposit Interest Rates
Listed below are the interest rates for the Term Deposit Account. To view rates for other savings products please click on the tabs above.
The rates are subject to change and the completed Application form and deposit must be with us within 5 Business Days of the rate last being advertised on the web page. The Bank will not be responsible for items that are not received within the required time.
Interest rates are for deposits of £10,000 - £5,000,000. Rates for deposits above £5,000,000 are available on request. Rates are correct as at 25th August 2010.
| Term | Gross** (% p.a.) |
Monthly Gross** (%) |
AER† (%) |
|---|---|---|---|
| 3 months | 0.90 | N/A | 0.90 |
| 6 months | 1.34 | N/A | 1.35 |
| 12 months | 2.40 | 2.37 | 2.40 |
| 24 months | 2.60 | 2.57 | 2.60 |
| 36 months | 3.25 | 3.20 | 3.25 |
| 60 months | 4.00 | 3.93 | 4.00 |
~ 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 by the Guernsey Financial Services Commission as a deposit-taking business, under the Banking Supervision (Bailiwick of Guernsey) Law, 1994, as amended. Clydesdale Bank International is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for ‘qualifying deposits’ up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period.
Full details are available on the Scheme's website www.dcs.gg or on request.
There is currently no Financial Services Ombudsman Scheme operational in Guernsey. Deposits with Clydesdale Bank International are not covered by the Financial Services Compensation Scheme established in the UK under the Financial Services and Markets Act 2000, nor are deposits with Clydesdale Bank International covered by any equivalent scheme in any other jurisdiction.
Principal place of business in Guernsey: Clydesdale House, North Clifton, St Peter Port, Guernsey, GY1 1JR
Telephone: + 44 (0) 1481 711102 Fax: + 44 (0) 1481 723663
Clydesdale Bank PLC. Registered in Scotland (No. SC001111). Registered Office: 30 St Vincent Place, Glasgow, G1 2HL.
View full details of The Guernsey Banking Compensation Scheme