Guaranteed Deposit Rates allow you to grow your savings and ensure that your money is protected. You benefit by having a guaranteed rate of return.
Once agreed, the Guaranteed Deposit Rate is fixed into a Guaranteed Investment Account that provides an attractive rate of interest, over a fixed term that you decide according to your needs. The amount, the term and the interest rate are fixed at the time of making the deposit, providing you with greater certainty when planning your finances.
At the end of the term, you will get your initial capital, plus any interest accrued on your investment at the guaranteed rate, without any of the risks associated with investing in the stock market.
We are able to advise you on the best interest rates available in British pounds and Euros, here are some current examples;
|
Currency |
Term |
Deposit Amount |
Rate |
Deposit Amount |
Rate |
|
|
|
|
|
|
|
|
Sterling |
1yr |
£50 000 |
3.50% |
£100 000 + |
3.75% |
|
|
2yrs |
£50 000 |
3.75% |
£100 000 + |
3.95% |
|
|
3yrs |
£50 000 |
3.90% |
£100 000 + |
4.00% |
|
|
|
|
|
|
|
|
Euro |
1yr |
€50 000 |
3.30% |
€100 000 + |
3.40% |
|
|
2yrs |
€50 000 |
3.45% |
€100 000 + |
3.70% |
|
|
3yrs |
€50 000 |
3.65% |
€100 000 + |
3.90% |
If investment capital is not being held tax efficiently, then it may be possible to restructure your holdings to ensure that you enjoy better returns on your investment and reduce the taxable amount. It may well prove advantageous to review your present strategies and investments with the objective of greater protection and diversification and where possible, enhanced income.
Get in touch with an adviser today