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We no longer offer new term deposits under our Yorkshire Bank brand. We offer them under our Virgin brand, you can find more information on our Virgin Term Deposits here. (opens in a new window)
Please note withdrawals or early closure of the term deposit are not permitted under any circumstances during the fixed term, except in the event of the death of the account holder (or one of them if joint account). See clause 2.3 for further information on term deposit terms and conditions. If there is anything that you don't understand please contact us for clarification.
Account name | Personal Term Deposits |
---|---|
Can Yorkshire Bank change the interest? | No. The interest rate is fixed. |
How do I manage my account? | We will contact you 35 days before the Term Deposit matures with a rate for another Term Deposit and details of how to add funds, withdraw funds, change the term or close the account. If you are happy to invest again, you do not need to take any action the Term Deposit will be rolled over for the same term. |
Can I withdraw money? |
No, withdrawals or early closure of the Term Deposit are not permitted. |
Additional Information |
Interest will be paid gross. Gross rate interest is the interest payable without taking account of any tax payable. AER (Annual Equivalent Rate). The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year. |
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We’ve been working hard to bring Yorkshire Bank and Virgin Money together to give our website and digital services the full Virgin Money treatment. You’ll soon be able to view and manage your account(s) using the Virgin Money Internet Banking service.
There’s nothing you need to do – we’ll take care of it all. Your account and login details will remain the same and you’ll still be able to login using the link on the Yorkshire Bank website.
We’ll be back in touch when the new service is ready to use. If you need to contact us, you can still get in touch using the normal contact information.
The team at Virgin Money
Continue to Internet BankingWe’ve been working hard to bring Yorkshire Bank and Virgin Money together to create a bigger, bolder and brighter bank. You’ll soon begin to see the Virgin Money logo on things like your statements, letters and your Business Internet Banking service.
There’s nothing you need to do – we’ll take care of it all. Your account and login details will remain the same and you’ll still be able to login using the link on the Yorkshire Bank website.
We’ll be back in touch when the new service is ready to use. If you need to contact us, you can still get in touch using the normal contact information.
The team at Virgin Money
Continue to Internet BankingYou can find impartial information and guidance on money matters on the “Money advice service” website.
Yorkshire Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.