Term Deposit Account

The flexible version of our short-term savings account.

It works in a very similar way to the Fixed Rate Bonds but if you have £50,000 or more to deposit, you can choose the exact fixed period that suits you.

With this account you choose how long you want to commit your funds, generally this will be from one week to three years. Simply contact our Private Banking team to discuss your options.

The rates fluctuate throughout the day and our Private Banking team are available to let you know the rates when you’re ready to apply. You could earn more interest this way but you need to be prepared to keep your money in the account for the agreed period of time.

For full details please refer to the Terms of Agreement which you can download from the right-hand side of this page.

We’ll send you a confirmation notice at the beginning of your chosen term, confirming your balance, the interest rate and the maturity date.

These accounts require a minimum balance of at least £50,000, so if, at the end of the agreed period you choose to withdraw some money and your balance falls below this limit, we will have to close your term Deposit account and either return the money to you, along with any interest earned or transfer the funds into one of our Dunbar Plus accounts or Fixed Rate bonds.