fixed term Deposit
You could achieve a competitive rate of interest when you fix your money for a certain amount of time.
Eligibility criteria: You'll need to be 18 or older and have a Coutts Crown Dependencies Account. You will not be able to withdraw your money until the term has passed.
Why choose our fixed term deposit account?
- Fix your funds for a defined period of up to two years.
- Achieve a fixed rate of interest for the entire term of your deposit.
- No maximum balances.
- Available in GBP, EUR, USD and other currencies subject to availability.
Money Market Fixed Term Deposit Account
What is the interest rate?
- Interest is calculated daily. We will pay interest on a Fixed Term Deposit at maturity.
- Below is an example of terms with indicative interest rate.
- Your private banker can provide you with an exact rate depending on selected term at time of application.
GBP |
£5,000 - £99,999 |
£100,000 - £999,999 |
£1m+ |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
|
3 months |
Please contact your Private Banker for our 3 month deposit rates, or to explore our Notice Account options. |
||
6 months |
3.59% |
3.79% |
3.99% |
12 months |
3.62% |
3.82% |
4.12% |
2 years Platinum |
3.35% |
||
EUR |
€5,000 - €99,999 |
€100,000 - €999,999 |
€1m+ |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
|
3 months |
Please contact your Private Banker for our 3 month deposit rates, or to explore our Notice Account options. |
||
6 months |
1.45% |
1.65% |
1.85% |
12 months |
1.50% |
1.70% |
1.90% |
USD |
$5,000 - $99,999 |
$100,000 - $999,999 |
$1m+ |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
AER/GROSS P.A. (FIXED) |
|
3 months |
Please contact your Private Banker for our 3 month deposit rates, or to explore our Notice Account options. |
||
6 months |
3.48% |
3.68% |
3.88% |
12 months |
3.33% |
3.53% |
3.73% |
can coutts CROWN DEPENDENCIES change the interest rate?
No, these rates are fixed from when we accept your deposit and until the deposit matures.
What would the estimated balance be after 12 months based on a range of deposits?
Deposit Amount |
Balance after 12 months |
£10,000 |
£10,362 |
£100,000 |
£103,820 |
£1m |
£1,041,200 |
Definitions
Annual Equivalent Rate (AER) |
This is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts. |
|---|---|
Gross Rate |
The interest rate without the deduction of income tax (where applicable). Interest will be paid gross. |
PA |
Per annum (per year)
|
How do I open and manage my account?
- This account is only available to you if you hold a Coutts Crown Dependencies Account or Currency Account denominated in the same currency as the Money Market Fixed Term Deposit Account you wish to open.
- The following minimum and maximum amounts apply to accounts in GBP, EUR and USD. Different minimum amounts and periods may apply to other currencies. Details are available on request.
Term |
GBP |
EUR |
USD |
Minimum amount |
5,000 |
5,000 |
10,000 |
Maximum amount |
The amount is agreed at account opening. |
||
- Contact your private banker to discuss applying for a Fixed Term Deposit.
Can I withdraw money?
- No, withdrawals are not permitted during the term of the deposit.
- When a deposit matures, we will transfer the total amount plus any interest to your linked Coutts Crown Dependencies Account/Currency Account on the same working day.
additional information
EARLY CLOSURE
Early closure is not permitted during the term of the deposit.
TAX
We do not deduct tax from the interest we pay to you.
The tax treatment may be subject to change in the future and depends on your individual circumstances. If you are unsure of your tax obligations you are strongly advised to source independent tax advice.
Frequently Asked Questions
Contact Us
Already a client?
For more information about Coutts Crown Dependencies
please speak to your private banker.
Become a client
Please get in touch online or call 01534 282345 to find out more
about our services.
Jersey Bank Depositors Compensation Scheme
The Royal Bank of Scotland International Limited trading as Coutts Crown Dependencies is a partipant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000/ The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the Government of Jersey website www.gov.je.dcs, or on request.
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