OakNorth Bank: 24 Month Fixed Term Deposit

Provider:
OakNorth Bank
Account:24 Month Fixed Term Deposit
Account type:Savings Account
Tax status:Taxable
Rates & conditions
Headline interest rate 1.56% AER
Interest rate type Fixed for 24 months
Interest payment frequency Maturity
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
£1,0001.56%1.56%1.56%
Introductory bonus No introductory bonus payable.
Bonus payment conditions Not applicable.
Interest rate guarantees Not applicable.
Interest payment options to same account
Opening the account
Minimum age 18 years
Maximum age -
Minimum deposit £1,000
Account opened
Branch
Post
Phone
Internet
Account conditions
  • Withdrawal conditions
Managing the account
Minimum balance £1,000
Minimum withdrawal £0
Minimum additional deposit £0
Maximum balance £100,000
Withdrawal conditions Withdrawal Conditions - No withdrawals or closure permitted during the term of the account.
Transactions
Branch
Post
Phone
Internet
Statement frequency annually
Additional information Customers have 30 days to fund their account. If they fail to do so the account will be closed.