Loading
A rate you lock in
Fixed Term Deposit
Commit a sum for a term and take a fixed rate for the whole of it, whatever the market does. The interest projection, the maturity instruction and the early-break penalty are all settled before you commit a cent.
5.20%
fixed, 12-month term
Rates & fees
- 3-month term
- 4.40%
- 6-month term
- 4.85%
- 12-month term
- 5.20%
- 24-month term
- 5.05%
- Minimum deposit
- 1,000
What you get
Fixed means fixed
The rate at opening is the rate at maturity. Market moves in between are not your problem.
Terms that fit
From one month to five years, with the rate for each term stated in the same table.
Projected to the cent
The exact interest you will earn is shown before you confirm, not estimated after.
An honest exit
If you must break early, the penalty is quoted to the cent before you confirm the break.
Who can apply
The headline criteria, stated plainly. Full eligibility is confirmed during the application itself.
You will need
- Aged 18 or over
- An ICB Everyday Current account to fund and receive maturity proceeds
- At least 1,000 you can commit for the full term
How it goes
Apply online
About ten minutes, from any device. Save part-way and come back whenever you like.
Verify your identity
A photo of your ID and a short liveness check, reviewed within one business day.
Start using it
Your product is opened and ready the moment verification clears — no branch visit.
Questions, answered
What happens at maturity?
Whatever you told us at opening: roll into a new term at the then-current rate, or transfer principal and interest to your current account. We remind you before the date and never roll silently.
Can I break the deposit early?
Yes. The penalty depends on how much of the term has elapsed and is quoted to the cent before you confirm. You will never discover the cost after the fact.
Why is the 24-month rate lower than the 12-month?
Because that is where the market prices two-year money today. We quote the curve as it is rather than smoothing it into something that looks tidier.
Open an account in under ten minutes
Verify your identity, choose your currency, and start moving money the same day.
Get started