Term Deposit Account
A wide range of fixed terms at fixed rates
For club or association clients with savings of over £50,000 Cater Allen Term Deposits provide fixed terms between 1 week and 24 months with an interest rate which is fixed on the day of deposit and interest is paid out at maturity.
We also provide a choice of options on maturity; an instruction can be given for us to automatically roll over the deposit, together with accrued interest into another fixed term at the then applicable rate until further notice, alternatively the capital alone can be rolled-over with the accrued interest paid into another account.
Please see the Term Deposit Account Factsheet and Non-Personal Terms and Conditions for more information.
Interest rates are fixed on the day of deposit. Available fixed rates are updated daily and can be found on our Interest Rates page.
How to apply
It is vital that every client, whether applying for a Cater Allen account directly with us or via a financial adviser or intermediary, fully understands the Account, the Interest Rates and the relevant Terms and Conditions before submitting the application.
Checklist
All clients must:
- Read and print or save all the below documents
- Visit the interest rates page relevant to the Account
- Complete, print and sign the application form
- Post the form to us along with all necessary ID
Each application will usually be processed within 10 days of us receiving it.
Please note, application forms posted to Cater Allen which are incorrect or incomplete will be automatically returned. If you need assistance when completing a form we are happy to help; please call us on 0800 092 3300 or contact your relationship manager.
Literature and Downloads
We have created a handy document collation tool, which will allow you to gather all relevant account information into one single downloadable pack. This application pack can then be emailed directly to you or your client, by completing the simple online send form.