Deposit Account

Maximize Your Money: Smart Saving Starts Here

Striving to deliver competitive rates and products designed for simplicity and flexibility.

Why Save With Conister Bank?

Things you should know before applying:

AER

AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. We quote the AER on all of our accounts so that you can compare our products with those of other banks.

GROSS is the interest rate without the deduction of income tax. This is the interest rate paid on your account. Read more about terms

Financial Services Compensation Scheme (FSCS)

Your eligible deposits with Conister Bank Limited are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. You can verify our status on the FSCS website using our FRN: 619002.

Any deposits you hold above the limit are unlikely to be covered. For further information visit www.fscs.org.uk

Prudential Regulation Authority (PRA)/Financial Conduct Authority (FCA).

Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The FCA & PRA regulate many different kinds of financial services companies, and make sure that banks treat their customers fairly. Find out more at www.fca.org.uk or www.bankofengland.co.uk/pra.

Gross

This is the interest rate without the deduction of income tax. Interest is paid gross to your account. 

Will my deposit be guaranteed?

Your deposit will be covered under the UK Financial Services Compensation Scheme (FSCS).  Up to £120,000 is paid per eligible person. 

How do I apply for a Fixed Term Deposit account?

New Customers (Sole Account Holders): If you are a sole customer who does not currently have an existing Fixed Term Deposit account with us, you can apply online by following this link: Apply for Fixed Term Deposit.

Existing Customers (Sole Account Holders): If you are a sole customer with an existing Fixed Term Deposit account, you can open a new account through our self-service portal. Simply visit the following link: Self-Service Portal.

What is the maximum amount I can deposit?

The maximum total deposit amount per customer is £100,000.00. 

Is interest paid Gross?

All interest is paid gross and it is the responsibility of the account holder to disclose their savings interest earned to their appropriate tax authority.