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. 

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.

 

 

What deposit terms are do you offer?

The Fixed Term Deposit options we currently offer are:

6 months, 9 months, 12 months, 18 months, 24 months, and 36 months. To find out more, please visit our Fixed Term Deposit Account Product Information page

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.

How will I know when my Fixed Term Deposit account is going to mature?

At least 28 days before your account matures, you will be contacted, detailing your options and requesting your instructions for the account upon maturity.