Fixed-term savings

Protect yourself from rate changes

    

 

This account is no longer accepting new applications. This page is intended for information purposes only. To view our full range of savings accounts please visit www.investec.com/savings

When saving for your future, it’s important to make your money work for you.

Apply for a fixed-term deposit

When you open a fixed-term deposit with us, we’ll open a free E-asy Access Account for your deposit to mature into.To be eligible for a fixed-term deposit you must be a resident in the United Kingdom (includes residents of the Channel Islands and Isle of Man).

 
Closed
1 Year Fixed Term Deposit

Save for one year

Save for an agreed period and get a competitive rate.
Closed
18 Month Fixed Term Deposit

Save for 18 months

A savings option to help you plan for the medium-term.
Closed
2 Year Fixed Term Deposit

Save for two years

Greater protection from unexpected rate changes.
Closed
3 Year Fixed Term Deposit

Save for three years

Enhanced returns that will help you plan for the future.

Summary box: fixed-term deposits

  • Account name

    Fixed term deposit

  • Key features

    • No access to funds available during the term
    • Interest rates are fixed
    • Interest is paid monthly or annually
    • Access your account information via Investec Online or telephone banking

  • Eligibility

    • A minimum balance of £25,000 is required
    • The maximum balance allowed is £1,000,000
    • Available to UK residents only

  • Can Investec change the interest rate?

    No. The interest rate is fixed for the deposit term. For more details on the rate, go to the fixed term deposits conditions which can be found here (page 40, terms 4.1 – 4.4).

  • How do I open and manage my account?

    This account is available to UK residents who are over the age of 16. The minimum deposit permitted is £25,000.

     

    The maximum deposit and maximum balance allowed is £1,000,000.

     

    Once the account is open, no further deposits or withdrawals can be made. This account is opened online and operated via Investec Online and telephone banking. You do not have to have another account with us to open a fixed term deposit. Fixed term deposit accounts are opened with an Investec E-asy Access Account into which you can ask us to pay interest. 

  • Can I withdraw money?

    This is a fixed term deposit account, with no withdrawals permitted before the end of the fixed term.

     

    Fixed term deposits are opened with an Investec E-asy Access Account into which interest can be paid and deposits can mature. At the end of your fixed term, your funds will be transferred to your E-asy Access Account unless you instruct us to transfer your funds to another account held in your name.

  • Additional information

    Interest is paid without tax being deducted from 6 April 2016. Your tax treatment of the interest receipt will depend on your individual circumstances and if you have any specific tax questions, you should seek professional tax advice. Alternatively, further guidance can be found on the HMRC website.

     

    Please note that your tax treatment may be subject to change in the future.

Not sure what's best for you? Talk to our savings experts

Peace of mind

Your eligible deposits are protected under the UK’s Financial Services Compensation Scheme (FSCS). 

24/7 always on

You’re always in full control with immediate access to your account through online and mobile banking.

Existing clients

Open an additional savings account without the lengthy application process through Investec Online.

You might also be interested in:

Notice Plus Account Issue 2

Choose from a range of notice periods and immediate access options. 

E-asy Access Account

With no restrictions on the number of withdrawals you can make, access your money whenever you need it.

Useful links

Download our banking relationship agreement
* AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. The AER is intended to be an indicative rate to help you compare the return on different savings products.
ˆ Gross p.a. is the rate of interest before any tax is deducted.