Private Term Deposit
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As a valued Private Member, we are pleased to offer you our exclusive range of Private Term Deposits. We offer a number of types of term deposit, enabling you to choose from different terms, and whether you would prefer to receive your interest as a monthly return, or as a lump sum along with your initial deposit on maturity.
* Other Term Deposit products are available, please contact your Private Partner for details.
About Private Term Deposits
For the Private 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.
Each type of Private Term Deposit offers exclusive attractive rates.
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).
How to apply
- Check out our current rates and offers
- Download the application form
- Complete, sign and return the application for to your Private Partner
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.
Along with our range of Private Term Deposits, we offer a range of alternative savings products.
View a Summary of all our available Private Savings Products (PDF, opens in a new window)
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.