Resources
Frequently asked questions
Useful points to consider when reviewing a fixed-term deposit.
What is a fixed-term deposit?
It is a deposit with a bank for an agreed period and rate, subject to the bank’s terms. Access to your money before the end of the term may be limited or unavailable.
Are the rates available in every European country?
No blanket eligibility applies. Each provider sets its own requirements. Some examples require a linked account in a particular country. Check directly with the bank.
What do AER, TAE and gross p.a. mean?
AER and TAE are annual-equivalent measures; gross p.a. is a yearly rate before applicable tax. Calculation methods, interest payment schedules and fees can differ, so compare the provider’s full terms.
Are deposits protected?
Protection depends on the bank, product, depositor and applicable deposit-guarantee scheme. Check the issuing bank and the relevant scheme before proceeding.
Can I submit an application here?
Not at present. Follow the bank link on the relevant example to check the current offer and apply directly if eligible. Please do not email identity documents.