3 Year Fixed Term Deposit - Union Bank

3 Year Fixed Term Deposit

Union Bank
1.25 % AER
Headline Interest Rate
Fixed
For 36 months
FSCS
Compensation Scheme
£ 2,000 min initial deposit
£ 250,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 1.25 % 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: 30 Aug 2016

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
£2,0001.25%1.25%1.25%

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: annually
Minimum Balance: £ 2,000
Maximum Balance: £ 250,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals or closure are not permitted during the term.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals permitted.
Transferred on Maturity: If no instructions are received from the customer the account may be transferred into a UBUK current or call account, or the deposit could be rolled over for the same term at UBUK's discretion.

Conditions

Trustee Types: This account is available to be opened for a legal trust.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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