No. Your agreed fixed-deposit rate stays unchanged until maturity.
Make Time for
What’s Next
Savings set aside. A rate fixed from the start.
Minimum standard deposit £10,000
Explore your terms
Choose Your Time Frame
Choose how long you can leave your savings untouched.
Choose a term to see your dates
Start this week and your savings are available again around
in 6 months
£10,000 minimum
The smallest amount you can place.
No early withdrawals
Your money stays in place until maturity.
No additional payments
You can’t add funds after the start date.
Your rate is confirmed before placement and fixed for the agreed term.
Ask about today’s ratesKnow What Happens Next
Choose your term
Agree and place
During the term
At maturity
Choose Your Term
During your fixed term
No early withdrawals
No additional payments
Your next step
Decide how long you can leave your money untouched.
You need to be a TNB client to place a deposit.
Agree and Place
During your fixed term
No early withdrawals
No additional payments
Your next step
Confirm the amount, rate and maturity instructions with our team, then make your placement.
Your rate is agreed before your deposit starts.
During the Term
During your fixed term
No early withdrawals
No additional payments
Your next step
Keep your maturity date in mind while your agreed rate stays fixed.
Your money stays in place until the term ends.
At Maturity
During your fixed term
No early withdrawals
No additional payments
Your next step
Your deposit and accrued interest go to your current account, unless you have instructed a renewal.
To renew, give instructions at the start or contact your Relationship Manager at least three days before maturity.
Fixed-term deposit
Plan Ahead With Horizon Deposit
For TNB clients placing £50,000 or more for 2 or 3 years, with a fixed rate and interest paid at maturity.
Clear on
the Details
The practical things to know before you fix your savings.
A fixed term deposit cannot be cancelled before maturity. No additions or withdrawals are available after it starts. Contact your Relationship Manager if your circumstances change.
New and existing clients can use this product. You must first be a TNB client. Existing clients can ask their Relationship Manager to transfer the agreed sum from their current account.
Set renewal instructions in your deposit request, or contact your Relationship Manager at least three days before maturity. The terms require advance written notice; check the current conditions.
TNB participates in the Gibraltar Deposit Guarantee Scheme. Eligibility and limits apply. Read the current Depositor Information Sheet for the full protection details.
Economic conditions, inflation, government policy, supply and demand, credit risk and the term can affect interest rates. Your agreed fixed rate stays unchanged during your term.
Your Next Chapter Starts
With a Conversation
Speak to our team about terms, current rates or a personal savings example.
Understand the Costs
Fees and interest rates, clearly set out.