Term Deposit Account
A wide range of fixed terms at fixed rates
For pension/SIPP/SSAS clients with cash holdings of over £50,000 Cater Allen Term Deposits provide fixed terms of between 3 months and 36 months with an interest rate which is fixed on the day of deposit and 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. Personal Interest Rates are available on Fixed Term Deposits for cash within SIPP and SSAS funds; for wholesale pension fund rates please refer to our non-personal interest rates.
12 month Term Deposits are also available in euro and US dollar currency options. If you require rates for these currency deposits please contact us on 0800 092 5500
How to apply
It is extremely important that clients fully understand the account, the interest rates and the relevant Terms and Conditions before submitting the application.
If you are not a professional adviser and are looking to apply for an account for a business, trust, charity, pension scheme, wrap, society, club, association or a church body/place of worship, then please call us on 0800 092 3300.
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.