We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

5-year fixed term deposit, 4.59% with yearly access

Options
Haven't seen this account offered by State Bank of India (FSCS protected) mentioned anywhere. They've offered a similar account before.

It's a step-up fixed deposit which works out as 4.59% AER over the term with the following rates:
Year 1 - 3.10%
Year 2 - 4.25%
Year 3 - 4.60%
Year 4 - 5.25%
Year 5 - 5.75%

Withdrawals can be made from year 2 onwards only on the anniversary date of the account being opened. The best current alternative 5-year fixes are at 4.60% without the option to withdraw.

Comments

This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.