Private Internet Term Deposit
Security and convenience online
- One of the most secure and convenient savings solutions
- A fixed interest rate guarantees a return upon maturity
- *Available exclusively online
* Other Term Deposit products are available, please contact your Private Partner for details
As a valued Private customer of Yorkshire Bank, we are pleased to introduce you to our selected range of Private Internet Term Deposits (previously named Premium Internet Term Deposits).
The minimum investment is £10,000* and the maximum for any single Deposit is £5,000,000. If you have more than £5,000,000 to invest please contact your Private Partner who will be pleased to discuss your options.
* Minimum investment of £50,000 for terms 24 or 36 months
We offer a number of different types of Private Internet Term Deposit enabling you to choose between a regular monthly return of interest accrued on your deposit amount or instead receive a lump sum of the initial deposit amount plus all interest accrued throughout the life of the deposit. Each type of Private Internet Term Deposit offers attractive rates.
Dependant on your requirements click on the relevant link below to take you to the applicable rates available.
Private Internet Term Deposit – Interest repaid on Maturity - Current Offers
Private Internet Term Deposit – Monthly Capitalised Interest - Current Offers
We also offer Private Term Deposits for 24 and 36 month terms if you have a deposit amount of £50,000 or over.
Private Internet Term Deposit (24/36 months) – Interest repaid on Maturity – Current Offers
Private Internet Term Deposit (24/36 months) – Monthly Repaid Interest – Current Offers
Please note : to open a Private Internet Term Deposit with interest repaying monthly you must have an existing Yorkshire/Clydesdale Bank current or savings account in order to receive the monthly interest repayments.
Withdrawals or early closure of the Term Deposit are not permitted under any circumstances during the Fixed Term except in the event of the death of the Account Holder (or one of them if joint account). See Terms and Conditions of the account for further information.
- Financial security by locking in a known return for a fixed period
- Competitive fixed interest rates on selected terms
- No bank fees unless you request early repayment
- Regular reviews to maintain attractive rates
- The ability to automatically rollover your Deposit on maturity
Further Information
Terms and rates offered via this channel will be constantly reviewed. As a result the length of the terms offered may vary on occasion from 3 months to 36 months.
Financial Services Compensation Scheme
We are a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and circumstances of the claim.
Further details of the scheme are available from us on request or from the Financial Services Compensation Scheme www.fscs.org.uk or in writing from the Financial Services Compensation Scheme, 7th Floor , Lloyds Chambers, 1 Portsoken Street, London E1 8BN.
Clydesdale Bank and Yorkshire Bank are trading names of Clydesdale Bank PLC. As both banks are part of the one and same authorised entity the FSCS compensation limit applies to deposits held across both brands.
Note: Some of the words used in these web pages have a specific meaning. When these words are used their initial letter is in capitals and their definitions are explained in the Terms and Conditions included in these web pages.