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Private term deposit

Exclusive to private customers

Sometimes it pays to put your money away for a set period. Private term deposits allow you to do that.

For Private term deposits, the minimum investment is £10,000 and the maximum for any single deposit is £5,000,000. If you have more than £5,000,000 to invest please contact your Private Manager who will be pleased to discuss your options.

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).

View a summary of our Term Deposit products (PDF, opens in a new window)

Further information

Along with our private term deposit, we offer a range of alternative savings products.

View a summary of all our available private savings products (PDF, opens in a new window)

Financial Services Compensation Scheme (FSCS)

Protecting your money

Your eligible deposits with Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.

This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank, B and Virgin Money. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please see FSCS leaflet download (Opens in a new window) for further information or visit  

Contact us

Contact your Private Manager

0800 587 5871
24 hours, 7 days a week

Alternatively use our online contact form and we will call you.

This service may be temporarily unavailable during periods of routine maintenance.

Financial Services Compensation Scheme Logo

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