3 Year Term Deposit Issue 7 - PCF Bank

3 Year Term Deposit Issue 7

PCF Bank
2.2 % AER
Headline Interest Rate
For 36 months
Compensation Scheme
£ 1,000 min initial deposit
£ 250,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.2 % AER
Headline Interest Balance: £ 1,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1,000
Date account was introduced: 14 Feb 2018

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

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: annually
Minimum Balance: £ 1,000
Maximum Balance: £ 250,000
Statement Frequency: annually
Additional Deposits: Allowed
Standing Orders: Not allowed


Withdrawal Conditions: No withdrawals or closure are permitted before maturity.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals are permitted before maturity.
Transferred on Maturity: The customer will be contacted at maturity to advise them of the options available to them, if no instructions are received the funds will be returned to the account holder.


Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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