Fixed-term deposit
Secure, predictable returns with a fixed interest rate and statutory deposit protection.
Stability and predictability for your savings
A fixed-term deposit account, commonly referred to as a fixed deposit, is one of the most established savings instruments in the European financial system. It is designed for people who prioritise capital preservation, structured planning, and predictable returns. When you open a fixed-term deposit account, you place a specific amount of money for an agreed period. In return, the partner bank guarantees a fixed interest rate for the entire term. That means your return is known in advance and does not fluctuate with market conditions.
Your rate remains unchanged for the entire term, regardless of market movements.
You receive your capital and accrued interest on a clearly defined date.
Funds are protected under the applicable EU deposit guarantee scheme.
Why investors choose fixed-term deposits
In times of economic uncertainty or volatile financial markets, many savers look for instruments that offer clarity and discipline. Fixed-term deposits provide both. Unlike equity markets or variable savings products, fixed-term deposits remove uncertainty about returns. The interest rate is contractually set at the time of deposit, creating full transparency about future income. This structure makes them particularly suitable for conservative savers, retirement planning strategies, and liquidity management frameworks where capital stability is essential.
Let your money work for you
How interest is calculated
The interest rate for a fixed-term deposit account is calculated on the basis of the agreed annual percentage rate (APR) and the selected term. Calculation is usually based on a 365-day convention unless otherwise stated in the product terms.
Depending on the structure chosen, interest may be paid at maturity or on a periodic basis. When interest is credited periodically and reinvested, compounding may affect the effective return.
The applicable interest rate is confirmed at the time of deposit and remains fixed for the agreed term.
— PRODUCT COMPARISON —
How fixed-term deposit products compare to other savings products
A fixed-term deposit account offers a guaranteed interest rate for a defined period, providing predictable returns and capital stability. Your funds are locked in for the selected term, and the rate remains unchanged regardless of market conditions—making it a disciplined, secure savings solution.
A savings account offers flexible access to funds with a variable rate that may change over time. While it provides liquidity and convenience, returns are typically lower and less predictable than with fixed-term deposits.
Market investments may offer higher growth potential over the long term but involve volatility and capital risk. Unlike fixed-term deposits, returns are not guaranteed and depend on market performance over time.
We aim to deliver the strongest possible returns through disciplined portfolio management.
We aim to deliver the strongest possible returns through disciplined portfolio management.