EARN 1.10% AER** - 1 YEAR FIXED TERM DEPOSIT

Fixed term savings
  • Earn 1.10% AER** / Gross* for 1 year.
  • Attractive interest rate.
  • Know exactly how much you'll get at the end of the term.

Apply now for a Fixed Term Deposit

Deposit term Access Annual interest rate (AER**/Gross*) Minimum deposit Maximum deposit
1 year At the end of your deposit term 1.10% Fixed £10,000 £5,000,000
  • Fixed Term Deposits are available in Sterling.
  • Interest is paid yearly into your Money Market call account, on the anniversary of account opening.
  • The interest rates advertised here are not fixed until receipt of your deposit and any supporting documentation required to open your Fixed Term Deposit.
  • You can't withdraw your money before the end of the fixed term. We will take your circumstances into account and may make an exception in a special case but there will be a charge and you may potentially lose some of your capital deposited.
  • 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), please refer to your terms and conditions to ascertain what will happen to your funds on maturity in the event of no instruction (including details of when we might reinvest your funds).
  • Note: UK residents not planning on moving, living, working or retiring abroad may not be eligible for this account. For more information please call 0800 055 6358 Mon-Fri 8am-6pm and Saturday 9.30am-1.30pm UK time. Visit Lloydstsb.com for UK savings accounts.

Apply for a Fixed Term Deposit

Account eligibility

You're eligible if:

  • You are aged 18 or over.
  • You can deposit a minimum of £10,000 in the account.

Note: UK residents not planning on moving, living, working or retiring abroad may not be eligible for this account. For more information please call 0800 055 6358 Mon-Fri 8am-6pm and Saturday 9.30am-1.30pm UK time. Visit Lloydstsb.com for UK savings accounts.

Apply for a Fixed Term Deposit

There is no fee for opening and holding a Fixed Term Deposit.

Apply for a Fixed Term Deposit

Terms and Conditions

For Fixed Term Deposits opened on or after 4th April 2013 these conditions apply;

Why should I bank with Lloyds TSB International?

Lloyds TSB International gives you the security of a brand you can trust whilst offering products for customers with international needs.

We have offices and dedicated staff located around the world to serve you.

With our help, you can have peace of mind whilst you move or live abroad without your finances having to move with you.

Who can benefit from putting money offshore?

You can benefit from putting your money into an international account if:

  • you frequently travel abroad
  • you are moving, living or working abroad
  • you want to invest abroad (property, etc.)
  • you want to retire abroad
  • you have family members needing financial support in different countries e.g. your children are studying in the UK but you are working abroad.

Why choose an international savings account?

You will benefit from an international savings account if:

  • you want to save in a currency other than sterling.
  • you have moved or are planning on moving abroad, and want an accessible savings account.

I'm living abroad and would like to discuss some of the Lloyds TSB International products. Who should I contact?

  • If you are in the UK, call 0800 876 6555
  • If you are living elsewhere, call +44 (0) 1624 641 825. (Please note that this line is open 8am – 6pm Mon – Fri and Saturday 9.30am – 1.30pm GMT).

What currencies are Fixed Term Deposits available in?

Our 1 year Fixed Term Deposits are available in Sterling, US Dollar and Euro. Our 5-year Fixed Term Deposits is available in Sterling only.

You can open a Fixed Term Deposit for other currencies and terms upon request. Contact us.

What term lengths can I choose from for Fixed Term Deposits?

For the Sterling Fixed Term Deposit, we offer a 1 and 5-year Fixed Term Deposit. For the US Dollar and Euro Fixed Deposit, we offer a 1 year term. Other terms are available on request.

Please contact us for personalised advice.

How can I pay money into my Fixed Term Deposit?

We will open you a 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.

Is the interest rate fixed for the entire length of my term?

Yes, the interest rate is fixed for the whole term of your Fixed Term Deposit.

Any subsequent changes in the interest rate will only affect new Fixed Term Deposits.

Can I access my money in case of emergency?

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 but there will be a charge and you may potentially lose some of your capital deposited.

What happens at the maturity of my Fixed Term Deposit?

We'll try to contact you before your Fixed Term 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 Call Account for each currency you hold a Fixed Term Deposit in Ð 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.

How many Fixed Term Deposits can I open?

The number of Fixed Term Deposits you can open is unlimited.

However, you may deposit up to £5 million (or currency equivalent) per term per currency.

What supporting documents will I need for my application?

You will need:

  • a certified copy of your passport or ID card (for each account holder for a joint account).
  • an original or certified copy of proof of address documentation dated within the last 3 months (for each account holder for a joint account).
  • confirmation of source of funds and supporting documentation. Find out more about how to certify documents and what documents are relevant, in the Appendix of the following PDF.

Apply for a Fixed Term Deposit

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. 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.

Telephone calls may be recorded and monitored.

Need help?

From the UK, call
0800 055 6358

Outside the UK, call
+44 (0) 1624 641 825

Lines open Mon-Fri 8am-6pm and Saturday 9.30am-1.30pm UK time

Which product is right for me?

% Interest Calculator