Fixed Rate Savings Ex/C - first direct

Fixed Rate Savings Ex/C

first direct
0.6 % AER
Headline Interest Rate
Fixed
Until 28/12/2018
FSCS
Compensation Scheme
£ 2,000 min initial deposit
£ 1,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.6 % AER
Headline Interest Balance: £ 50,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 2,000
Date account was introduced: 01 Dec 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£2,0000.50%0.50%0.50%
£50,0000.60%0.60%0.60%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
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

Withdrawals

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.

Conditions

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

Moneywise Best Buys

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M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander5%

Customer ratings