Maximize Your Money: Smart Saving Starts Here
Striving to deliver competitive rates and products designed for simplicity and flexibility.
Why Save With Conister Bank?
Our digital platform, for your efficiency, security, and convenience.
Things you should know before applying:
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
Your eligible deposits with Conister Bank Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information visit
www.fscs.org.uk
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.
This is the interest rate without the deduction of income tax. Interest is paid gross to your account.
Can I withdraw from my account?
You can only withdraw from your Account (Fixed Term Deposit Account) upon maturity. Should maturity occur on a non-business day, access to your funds will be provided the following business day. We will notify you in advance of your maturity date. Upon reaching maturity, you have the option to either withdraw your funds or transfer them to a new Conister account, contingent on the terms and conditions of the chosen account.
Failure to inform us of your decision by the maturity date will result in your account transitioning to your Instant Access Account which attracts a nominal interest rate.
Will my deposit be guaranteed?
Your deposit will be covered under the UK Financial Services Compensation Scheme (FSCS). Up to £85k is paid per eligible person.
What is the maximum amount I can deposit?
The maximum total deposit amount per customer is £100,000.00.
What are the tax implications?
All interest is paid gross with the deduction of income tax. It is the responsibility of the account holder to disclose their savings interest earned to the appropriate tax authority.