5 Year Fixed Rate Deposit Account - United Bank UK

5 Year Fixed Rate Deposit Account

United Bank UK
2.2 % AER
Headline Interest Rate
Fixed
For 60 months
FSCS
Compensation Scheme
£ 2,000 min initial deposit
£ 1,000,000 max balance
  • Open By:
High interest rate
Money is locked away for five years

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.2 % 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: 02 May 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
£2,0002.20%2.20%2.20%

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, maturity, monthly
Minimum Balance: £ 2,000
Maximum Balance: £ 1,000,000
Statement Frequency: maturity
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals and closure are not permitted during the term..
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not permitted during term.
Transferred on Maturity: At maturity this product will be automatically rolled over into a similar product unless already otherwise instructed.

Conditions

Trustee Types: This account can be opened by an adult on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

Savings Accounts

ProductAER
Flexclusive Regular Saver - Nationwide Building Society5%
Regular Saver - first direct5%
Regular Saver - HSBC5%
Monthly Saver - M&S Bank5%
Regular eSaver (123) - Santander5%