Receive an interest rate of 0.6% per annum. 0.5% more than our Current Accounts.
Encourage customers to save and as a result receive better interest rates that apply to current accounts.
1 Year fixed term.
Your Account will automatically rollover to the following fixed year unless requested otherwise.
Conditions of the Term Savings Account
Term period is from 1st July to 30th June each year.
Unlimited deposits.
You may make up to one withdrawal from the account within the 1 year term period.
More than one withdrawal within the term period will result in the account being reverted to a Current Account.
How to open a Term Savings Account
Customers who meet the Bank’s criteria for a Current Account can open a Term Savings Account. The Bank may take up references, or otherwise, to satisfy the Customer’s suitability as an account holder.
Change an existing Current Account to a Term Savings Account
