Fixed Term Deposit Accounts

  • Deposits are available in sterling, euro, US$ and TRY and you will have the ability to choose between a 1, 3, 6 or 12 month term and you can have more than one deposit account at anyone time.
  • You will receive a guaranteed interest rate for a fixed term.
  • Deposit rates and conditions below are available to small businesses where your turnover or annual balance sheet is less than £2 million. If your business is significantly larger, please contact us on corporate@isbank.co.uk to discuss further deposit rates that maybe available to you.
  • Rates below are available for the deposit accounts opened starting from 01 March 2020.​

Sterling Fixed Term Deposit

What is the interest rate?​


Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)AER*/Gross Rate** of Fixed Interest by Term
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,25%0,25%0,30%0,30%0,35%0,35%0,40%
£1mm to £2.5mm0,30%0,30%0,35%0,35%0,40%0,40%0,45%
£2.5mm+0,35%0,35%0,40%0,40%0,45%0,45%0,50%​


Can Isbank change the interest rate?​


Interest rate is fixed for the term of the deposit.​
​​

​What would the estimated balance be after the term based on a deposit of £1,000?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm£1.000,21£1.000,75£1.001,75£1.004,00
£1mm to £2.5mm£1.000,25£1.000,88£1.002,00£1.004,50
£2.5mm+£1.000,30£1.001,00£1.002,25£1.005,00​

Euro Fixed Term Deposit

​What is the interest rate?​​


Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)AER*/Gross Rate** of Fixed Interest by Term
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,00%0,00%0,00%0,00%0,00%0,00%0,00%
£1mm to £2.5mm0,00%0,00%0,00%0,00%0,00%0,00%0,05%
£2.5mm+0,00%0,00%0,00%0,00%0,00%0,00%0,05%​


 ​

​Can Isbank change the interest rate?​


Interest rate is fixed for the term of the deposit.​

​What would the estimated balance be after the term based on a deposit of €1,000?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm€ 1.000,00€ 1.000,00€ 1.000,00€ 1.000,00
£1mm to £2.5mm€ 1.000,00€ 1.000,00€ 1.000,00€ 1.000,50
£2.5mm+€ 1.000,00€ 1.000,00€ 1.000,00€ 1.000,50​



US$ Fixed Term Deposit

​What is the interest rate?​​



Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)AER*/Gross Rate** of Fixed Interest by Term
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm0,10%0,10%0,10%0,10%0,20%0,20%0,40%
£1mm to £2.5mm0,15%0,15%0,15%0,15%0,25%0,25%0,45%
£2.5mm+0,20%0,20%0,20%0,20%0,30%0,30%0,50%​

​Can Isbank change the interest rate?​


Interest rate is fixed for the term of the deposit.​

​What would the estimated balance be after the term based on a deposit of $1,000?​​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mm$1.000,08$1.000,25$1.001,00$1.004,00
£1mm to £2.5mm$1.000,13$1.000,38$1.001,25$1.004,50
£2.5mm+$1.000,17$1.000,50$1.001,50$1.005,00


Turkish Lira Fixed Term Deposit

​What is the interest rate?​​


Threshold Amount (taking into consideration the aggregate sterling equivalent value of all other existing current and deposit accounts you or your family hold with Isbank London branch)AER*/Gross Rate** of Fixed Interest by Term
1 month3 month 6 month1 Year
AER GrossAER GrossAER GrossAER/Gross
Up to £1mm17,81%16,50%16,99%16,00%16,64%16,00%15,25%
£1mm to £2.5mm17,81%16,50%17,27%16,25%16,91%16,25%15,50%
£2.5mm+18,10%16,75%17,55%16,50%17,18%16,50%15,75%


​Can Isbank change the interest rate?​


Interest rate is fixed for the term of the deposit.​

​What would the estimated balance be after the term based on a deposit of TRY1,000?​


Thershold Amount (see above)1 month3 month 6 month1 Year
GrossGrossGrossGross
Up to £1mmTRY 1.013,75TRY 1.040,00TRY 1.080,00TRY 1.152,50
£1mm to £2.5mmTRY 1.013,75TRY 1.040,63TRY 1.081,25TRY 1.155,00
£2.5mm+TRY 1.013,96TRY 1.041,25TRY 1.082,50TRY 1.157,50​