Scottish Widows Bank
5 Year Fixed Term Deposit Account
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General

Gross Interest Rate4.70%
AER4.70%

Opening

Method of opening accountInternet, Telephone, Post
Minimum age of account holder
Minimum deposit£10,000
Maximum deposit£5,000,000
Contact details for opening0845 845 0829
Go to Scottish Widows Bank
Scottish Widows Bank Plc, PO Box 12757, 67 Morrison Street, Edinburgh, EH3 8YJ

Ongoing

Frequency interest paidAnnually, a quarterly and monthly option also available at a slightly reduced rate
Interest fixed until5 years
Details of any bonus ratesN/A
Minimum ongoing balance£10,000
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedNo
How withdrawals are madeN/A
Early access penaltiesN/A
Notice requiredN/A