Fixed Rate Savings Ex/C - first direct

Fixed Rate Savings Ex/C

first direct
0.7 % AER
Headline Interest Rate
For 12 months
Compensation Scheme
£ 2,000 min initial deposit
£ 1,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.7 % AER
Headline Interest Balance: £ 2,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 2,000
Date account was introduced: 31 May 2019

This account may be appropriate for you if

  • Your are happy to give na days notice before accessing your money
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Minimum Balance: £ 2,000
Maximum Balance: £ 1,000,000
Statement Frequency: quarterly
Additional Deposits: Not allowed
Standing Orders: Not allowed


Withdrawal Conditions: Partial withdrawals are not permitted. Closure is permitted subject to a charge of £100
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not permitted.
Transferred on Maturity: Funds are transferred to a First Direct instant access account at maturity.


Existing Customer: The customer must hold a First Direct 1st Account current account, which must be maintained for the duration of the fixed term.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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