Horizon Account
90-day notice account from the Channel Islands
When you’re looking to maximise your offshore savings and short-term access to your funds is less of a priority, our multi-currency Horizon account lets you earn a competitive rate of interest with no fixed term. You can access your money with 90 days’ notice.
The Executive Horizon account is available in sterling only and to Channel Island residents only.
The higher your balance, the greater interest you earn on your Horizon account, thanks to tiered interest. With no fixed term, your savings will stay invested until you provide 90 days’ notice to withdraw them.
If you live in the Channel Islands, you can open an Executive Horizon account in sterling only. Savings rates are tiered, with no fixed term and 90 days’ notice is needed to withdraw funds.
No fixed term meaning your funds stay invested at the applicable rate until you choose to withdraw them.
The Horizon account is available in sterling, euro, US dollar, Australian dollar, Canadian dollar, Japanese yen, Norwegian krone, Singapore dollar, South African rand and Swiss franc. Minimum balance is £25,000, US$50,000 or €50,000.
Channel Islands residents are able to access the Executive Horizon account which is available in sterling only and has a minimum balance of £25,000. The Executive Horizon account offers a higher rate banding for balances over £250,000.
This product is exclusively offered by Investec Bank (Channel Islands) Limited.
Accounts can be viewed online. Funds in the account will be paid out after you have provided the 90 days notice.
Variable interest rates. Interest is calculated daily and paid quarterly. It can be reinvested or paid out free of charge.
Find out more and apply
The Horizon Account is designed for individuals with:
Horizon account – indicative rates
All rates correct as at 10 February 2025.
| Sterling (GBP) | ||
|---|---|---|
| Amount | Gross rate* | AER** |
| £25,000 -£499,999 | 3.65% | 3.75% |
| £500,000 plus | 4.55% | 4.63% |
| US Dollar (USD) | ||
| Amount | Gross rate* | AER** |
| $50,000 - $499,999 | 3.15% | 3.19% |
| $500,000 plus | 4.00% | 4.06% |
| Euro (EUR) | ||
| Amount | Gross rate* | AER** |
| €50,000 - €499,999 | 1.65% | 1.66% |
| €500,000 plus | 2.55% | 2.57% |
| Australian Dollar (AUD) | ||
| Amount | Gross rate* | AER** |
| AS$50,000 - AS$799,999 | 0.40% | 0.40% |
| AS$800,000 plus | 0.50% | 0.50% |
| South African Rand (ZAR) | ||
| Amount | Gross rate* | AER** |
| R500,000 - R8,499,999 | 1.25% | 1.26% |
| R8,500,000 plus | 3.00% | 3.03% |
| Canadian Dollar (CAD) | ||
| Amount | Gross rate* | AER** |
| C$50,000 - C$829,999 | 0.25% | 0.25% |
| C$830,000 plus | 0.45% | 0.45% |
* Interest is paid gross, without the deduction of tax.
** AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. "Gross" is the contractual interest rate paid before the deduction of any tax.
The Executive Horizon Account is designed for individuals with:
The Executive Horizon account is available in sterling only and to Channel Island residents only.
Executive Horizon account – indicative rates
All rates correct as at 10 February 2025. This account is available for Channel Islands residents only.
| Executive Horizon account (CI residents only) indicative rates | ||
| Amount | Gross rate* | AER** |
| £50,000 - £249,999 | 3.95% | 4.01% |
| £250,000 plus | 4.80% | 4.89% |
* Interest is paid gross, without the deduction of tax.
** AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. "Gross" is the contractual interest rate paid before the deduction of any tax.