Your Fixed Term Deposit is ending soon

Save again and earn interest

Your Fixed Term Deposit is about to end, which means it's maturing. You have several options:

1. Reinvest in a new Fixed Term deposit

Continue growing your savings by reinvesting into a new Fixed Term deposit.

2. Explore other savings options

Grow your savings with the flexibility to suit your business needs. Choose from either a Notice Account or an Instant Access Account. 

3. Let the term run out

If you do nothing, we’ll pay your money into your linked account when your Fixed Term Deposit matures.

Put your savings into a new Fixed Term Deposit Account

Earn a fixed rate of interest

The rate is fixed so will stay the same throughout your chosen term.

Guaranteed returns

You know exactly how much you will earn by the end of the term.

A term to suit you

Choose a term that suits your business needs.

Update your maturity instruction

Online

  1. Log in to Business Internet Banking.
  2. .Go to the fixed term deposit which is about to mature.
  3. Select ‘Update maturity instructions’.
Log in and update

By phone

If you want to give your maturity instruction by phone, please call 0345 604 5539.

Lines are open Monday to Friday 8am to 5pm (excluding bank holidays).

Call us on 0345 604 5539
  • Fixed Term Deposit Account

    These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.

    AER1

    Gross p.a.2

    Term length

    AER1

    1.41%

    Gross p.a.2

    1.40%

    Term length

    3 months

    AER1

    2.25%

    Gross p.a.2

    2.24%

    Term length

    6 months

    AER1

    2.25%

    Gross p.a.2

    2.24%

    Term length

    9 months

    AER1

    2.24%

    Gross p.a.2

    2.24%

    Term length

    12 months

    AER1

    2.25%

    Gross p.a.2

    2.24%

    Term length

    Fixed until 11/03/2026

    AER1

    2.24%

    Gross p.a.2

    2.24%

    Term length

    Fixed until 28/10/2026

    Interest rates stated above are available as at 08/08/2025 and expire on 18/09/2025 but may be subject to change. Once you open your deposit account, the interest rate is fixed, so will stay the same throughout your chosen term.

    Interest is calculated as follows: Interest rate multiplied by the number of days of the fixed term divided by 365 days then multiplied by the initial deposit amount. For example, a £10,000 deposit for 3 months at a 2.50% interest rate would be calculated as follows: 2.50% x (91/365) x £10,000.

    Interest is paid at the end of the agreed term.

    If you need more information or need to discuss alternative dates or terms, please call us on 0345 604 5539. We are available 8am to 5pm Monday to Friday.

    Notice Account

    The interest rates shown in the table are variable.

    These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.  Interest is calculated and paid to your account daily (unless otherwise agreed). The interest rate is set and managed by Bank of Scotland. 

    AER1

    GROSS p.a.2

    Notice period

    AER1

    1.97%

    GROSS p.a.2

    1.95% 

    Notice period

    32 days’ notice required to make withdrawal or close the account

    AER1

    2.77%

    GROSS p.a.2

    2.73%

    Notice period

    95 days’ notice required to make a withdrawal or close the account

    Interest rates stated above are available as at 08/08/2025 and expire on 18/09/2025 but may be subject to change.

    Instant Access Account

    The interest rates shown in the table are variable. 

    Current interest rates

    Business instant access account

    Interest paid monthly

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    Interest paid monthly

    £20,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.61%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.60%

    Interest paid monthly

    £10,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.51%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.50%

    Interest paid monthly

    £1,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.26%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.25%

    Interest paid monthly

    £500,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.90%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.90%

    Interest paid monthly

    £100,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.80%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.80%

    Interest paid monthly

    £1+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.70%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.70%

    These interest rates are correct as at 05 June 2025. Interest is calculated daily and paid monthly.

     

    Interest rates with effect from 09 September 2025

    Please note that with effect from 09 September 2025, the rates of credit interest and interest tiers for this product will change to those shown below:

     

    Business instant access account

    Interest paid monthly

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    Interest paid monthly

    £20,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.41%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.40%

    Interest paid monthly

    £10,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.31%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.30%

    Interest paid monthly

    £1,000,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    1.06%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    1.05%

    Interest paid monthly

    £500,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.80%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.80%

    Interest paid monthly

    £100,000+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.70%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.70%

    Interest paid monthly

    £1+

    AER (%)The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

    0.60%

    Gross (%)Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

    0.60%

    These interest rates will apply from 09 September 2025. Interest is calculated daily and applied monthly.

    1 AER – The AER stands for Annual Equivalent Rate and is the notional rate, which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER, you’ll be able to compare more easily what return you can expect from your savings over time.

    2 Gross Rate – Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.

  • Fixed Term Deposit Accounts

    For clients with an annual business turnover of £0-25million

    Fixed Term Deposit product information factsheet (PDF, 160 KB)

    Notice Accounts

    For clients with an annual turnover of up to £25m

    32 Day Notice Account product information factsheet (PDF, 184 KB)

    95 Day Notice Account product information factsheet (PDF, 147 KB)

    Fixed Term Deposit and Notice Account Terms and Conditions

    Product Terms for Deposit Accounts (PDF, 374 KB)

    Instant Access Account

    Instant Access product information factsheet (PDF, 96KB)

    Terms and conditions

Notice Account

Notice Account

Grow your savings with terms that suit your business needs. Give us 32 or 95 days’ notice to withdraw your money.

Explore Notice Accounts

Instant Access Account

Instant Access Account

Open an account with as little as £1 and access your money at any time with no fixed term.

Explore Instant Access Account