Who is it for?
A Fixed Term Deposit could be for you if:
- you know how long you want to save for — perhaps you plan on buying property in a year, and want to keep your money safe until then.
- you want to be certain of the return you'll get — you're planning ahead, and want to avoid interest rate fluctuations and market forces.
- you're eligible to apply — all existing customers of Lloyds TSB International can apply for this account. If you're a new customer, you need a gross annual income of £50,000 or currency equivalent or over £25,000 or currency equivalent to invest with Lloyds TSB International within 3 months of opening your account.
Who is it not for?
You should think about a different account if:
Need to know
- Our fixed rate 1, 2, 3 & 5 year deals are priced in sterling only.
- Alternatively you can choose any other term from 1 week to 3 years in most major currencies. Terms greater than 3 years may be available upon request but the minimum balance requirement may be considerably higher. Contact us and tell us the amount you wish to deposit and the term you would like and we will give you an up to date rate.
- You can't withdraw your money before the end of the fixed term, though we will take your circumstances into account and may make an exception in a special case.
- We'll try to contact you before your Fixed Rate Deposit matures. If we haven't heard from you by 4pm the working day before your deposit matures (or 3 working days earlier for currencies other than sterling), we will automatically reinvest the funds for the same fixed term, at the rate ruling on the day of re-investment.
- We will open you a Money Market Call Account for each currency you hold a Fixed Term Deposit in — but you don't need to maintain the usual minimum deposit in this account. It just allows you to deposit money into your Fixed Term Deposit and withdraw it at maturity.
- Interest is normally paid at the end of the agreed deposit period, but for our sterling 1, 2, 3 and 5 year deals is paid annually, on the anniversary of account opening.
- The rate on your Fixed Term Deposit is not fixed until the receipt of your deposit. If you're planning on applying later, interest rates may have changed by the time your opening deposit is received. Please check with us by phone or online to find out the correct interest rate for your account.
How to apply
To apply, and for full terms and conditions, please download the Fixed Term Deposit application form.
If you are a customer in the Channel Islands or the Isle of Man, you can apply by contacting your local branch or relationship manager.
Download the application form (PDF)
Contact us
We're here to help you talk through your savings options.
- New customers: +44 (0) 1624 641 825
- Existing customers: +44 (0) 8705 301641
- Island customers: visit your local branch or contact your relationship manager
* GROSS RATE — The contractual rate of interest payable before deduction of income tax at the rate specified by law.
** AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.