|
Make the most of this guaranteed rate† by including any additional savings you may have in your opening deposit because once your Term Deposit is open, you cannot add to it. You can also make only one withdrawal of the full amount, subject to a penalty charge see Terms and Conditions.
Term Deposit Monthly Interest Option
Term Deposit - Monthly Capitalised Interest. Get the calcuated interest from your deposited amount paid automatically at the end of each calender month into a nominated Yorkshire Bank current or savings account. This must be applied for in branch so please contact your local Yorkshire Bank branch for assistance, further details and Terms and Conditions.
Check the latest rates for the Term Deposit - Monthly Capitalised Interest .
  
Important Information
A minimum deposit of £2,000 is required. Interest will be credited to the account at maturity, or (if any) when the account is closed, if earlier.
† During the fixed term, you can only make one withdrawal of the full amount, including any accrued interest. Such a withdrawal will be subject to an early repayment charge (£30 minimum charge) the amount of which is dependent on the number of days to Maturity. Ask at any branch or see Terms and Conditions for details. The charge will be deducted from any accrued interest, but where there is insufficient accrued interest to meet the charge in full, any additional sum will be deducted from the capital in the account. If early repayment is requested then the stated interest will not be achieved.
Rates are correct as at 26th June 2008.
* Gross. Gross Rate interest is the interest payable without taking account of the deduction of income tax. For most customers tax will be deducted at the lower rate prevailing at the time of payment (currently 20%).
** AER. Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is 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 the circumstances of the claim. In respect of deposits with a UK office, payments under the scheme are limited to 100% of the first £35,000 of a depositor's total credit balances with the Bank.
Further details of the scheme are available from us on request or from the Financial Services Compensation Scheme: www.fscs.org.uk or Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, Portsoken Street, London, E1 8BN.
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority.
Yorkshire Bank is a trading name of Clydesdale Bank PLC
Registered in Scotland (No SC001111).
Registered Office: 30 St. Vincent Place, Glasgow G1 2HL.
|
