Fixed Term Deposit
Lock away money from overnight to 3 years and get a fixed interest rate on your savings.
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These interest rates apply to Sterling deposits only with a minimum balance of £10,000 and maximum balance of £5m.
Interest rates stated below are available as at 17/06/2022 and expire on 04/08/2022 but may be subject to change. Should you need to discuss rates for alternative dates or terms, please call us on 0345 604 5539.
For deposits over £5m or for more information about interest rates in other major currencies, please call us on 0345 604 5539.
We are available 8am to 5pm Monday to Friday.
Account
Term Length
Interest rate AERAERThe 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.. / GrossGrossGross 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.
Account
Fixed Term Deposit
Term Length
3 months
Interest rate AERAERThe 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.. / GrossGrossGross 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.
0.40% (fixed)
Account
Fixed Term Deposit
Term Length
6 months
Interest rate AERAERThe 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.. / GrossGrossGross 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.
0.50% (fixed)
Account
Fixed Term Deposit
Term Length
9 months
Interest rate AERAERThe 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.. / GrossGrossGross 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.
0.55% (fixed)
Account
Fixed Term Deposit
Term Length
12 months
Interest rate AERAERThe 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.. / GrossGrossGross 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.
2.00% (fixed)
Account
Term deposit with fixed maturity date
Term Length
Maturity date 21/12/2022
Interest rate AERAERThe 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.. / GrossGrossGross 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.
0.50% (fixed)
Account
Term deposit with fixed maturity date
Term Length
Maturity date 31/05/2023
Interest rate AERAERThe 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.. / GrossGrossGross 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.
2.00% (fixed)
Account
Fixed Term Deposit
Term Length
Bespoke – from overnight to 3 years
Interest rate AERAERThe 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.. / GrossGrossGross 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.
Call us on 0345 604 5539¹
¹We only offer standard terms online for Fixed Term Deposit products. If you would like to apply for bespoke term lengths or you need to select specific start and end dates for your deposit, please call us on 0345 604 5539. We are available 8am to 5pm Monday to Friday.
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If you would like to deposit more than £5 million, please talk to one of our specialists.
For clients with an annual business turnover of £0-3 million
Fixed Term Deposit product information factsheet (PDF, 316KB)
For clients with an annual business turnover of £3-25 million
Fixed Term Deposit product information factsheet (PDF, 317KB)
General terms and conditions
Commercial Banking Markets General Terms of Business (PDF, 110KB)
Commercial Banking Markets Deposit Terms and Conditions (PDF, 111KB)
Make sure you understand the small print.

Financial Services Compensation Scheme
Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Due to FSCS eligibility criteria not all business customers will be covered.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.