A fixed return you can plan around
Horizon Deposit is designed for clients who want certainty about the return on their savings and do not need access to their money during the selected term.
Your interest rate is fixed from the outset, so you will know how your money will grow regardless of whether market rates rise or fall.
Choose your term and interest option
2 years
4.75%
3 years
4.80%
* You have two options: You can withdraw your funds at maturity, or reinvest into a new term deposit.
Horizon Deposit at a glance
- Minimum deposit of £50,000.
- Choose a term of 2 or 3 years.
- Receive interest monthly, annually or at maturity.
- Your interest rate is guaranteed and protected from market fluctuations.
- Available in sole or joint names.
- Available to existing TNB clients.
Important things to consider
Horizon Deposit is designed for savers who are happy to lock their money away for a fixed term in exchange for a guaranteed rate of interest.
Once your deposit has been placed, additional funds cannot be added and early withdrawals are not permitted, except in the event of the account holder's death.
As your interest rate is fixed for the full term, it will remain unchanged regardless of whether market interest rates rise or fall. If you already hold a Time Deposit with us, its existing terms will remain unaffected, and a Horizon Deposit would be opened as a separate placement using available funds or the proceeds of a matured deposit.
Eligible deposits are protected by the Gibraltar Deposit Guarantee Scheme up to £120,000.
Ready to discuss your options?
Your Relationship Manager can explain the available terms and help you consider which interest option may be suitable for you. Or, if you've already made your decision, apply today.