Which UK bank offers the highest interest rates under the term deposits for 1 month02.01.2020

Bankchart.co.uk has surveyed the terms of obtaining term deposits for 1 month in the national currency. The survey covered all the deposits with any form of interests repayment, regardless of the replenishment option or the deposit partial withdrawal option. Our website's analysts have studied the deposit offers from 20 most popular UK banks, which place rates on their websites. Review date - 02.01.2020

As of 27 December 2019 the deposits under review have been offered by 5 banks.  The average interest rate under such deposits equals 0,66 % p.a. The total number of the deposits programs available for the specified terms is 9.

The maximal return among the deposits under review is offered by Bank of Scotland. The interest rate under "32 Day USD Notice Account" deposit program constitutes 1,75 % p.a. The table below shows the best offers by each bank selected by Bankchart.co.uk (in terms of profitability) for the aforementioned terms.

The TOP-5 term deposits for 1 month, as of 27 December 2019

#

Name

Interest Rate

1

1,75

interest rate, %

rate type

variable

minimum sum

£ 0,00

2

0,75

interest rate, %

rate type

variable

minimum sum

£ 0,00

3

0,75

interest rate, %

rate type

fixed

minimum sum

£ 0,00

4

0,60

interest rate, %

rate type

fixed

interest periodicity

at maturity

minimum sum

£ 1 000 000,00

5

0,35

interest rate, %

rate type

fixed

interest periodicity

monthly, at maturity

minimum sum

£ 5 000,00

To view the up-to-date rating of the deposits at our website here.

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