3.85% AER / 3.81% Gross

AER is the Annual Equivalent Rate and represents what the interest rate would be if interest was realised and

paid once each year.

Interest is calculated daily and is payable on maturity.

Interest will be paid gross without prior deduction of tax. Interest will be calculated from the start date of your savings account.

The interest rate applicable to your savings account is fixed once your application is approved and you fund your account. The rate will stay the same throughout the duration of the fixed term. Should the bank amend the rate advertised before you have fully transferred funds and the rate is lower than the rate you originally ordered, we will automatically cancel your order. We will contact you if this occurs. Please note, for renewal orders the rate you will receive will be confirmed as the rate available 5 days before the date of maturity. Please see our FAQs for more information.

The estimated balance after 6 months on a deposit of £1000.00 is £1,019.05.

This projection is for illustrative purposes only and does not take into account individual circumstances. This assumes that the interest rate earned remains the same for twelve months, where in reality it could increase or reduce, in which case the projection would increase or reduce accordingly.

To open this savings account, you must apply online through Raisin UK. Savings accounts at Raisin UK are only available through this online application process, and to be eligible to apply, you must

● Be a UK resident who is aged 18 or over

● Hold a UK bank or building society account from which you will fund your application

● Have a valid mobile phone number and email address

● Have a UK National Insurance Number

Your application acceptance will be subject to the successful completion of an Anti-Money Laundering/Know Your Customer (AML/KYC) checks.

The minimum amount you can deposit is £1000.00 and the maximum amount you can deposit is £85000 (per product and banking institution).

Please ensure you have read and understood all sets of Terms and Conditions before applying for this product.

You can manage your savings account through Raisin UK by logging into your Raisin UK Account. You can contact Raisin UK by telephone, by email or in writing by using the contact details provided in the Raisin UK Terms and Conditions.

Because this savings account is a fixed term deposit, withdrawals are not permitted before the maturity date, except if an account holder dies, becomes mentally incapacitated or bankrupt, or in any other exceptional circumstances agreed to by Brown Shipley in its absolute discretion. This savings account does NOT operate on the basis that you can end the fixed term of your savings account prematurely and pay a fee to withdraw your funds sooner. Your savings account will not automatically renew at the end of the fixed term for a further fixed term. Raisin UK will contact you approximately one month before the maturity date of your savings account to advise you of your options. If Raisin UK does not receive a response from you, the proceeds from the fixed term deposit will be held in your Raisin UKAccount at the end of the fixed term until you decide what you would like to do with the funds.

Raisin Platforms Limited (RPL) will administer the deposit on your behalf. Funds will be remitted to Brown Shipley by RPL on the business day after they arrive in the RPL account. It can therefore take up to 2 business days for an ordered product to be set up and start earning interest. All cash in transit and deposits once established, will be held by RPL in trust for you under FCA client money and asset rules. If you have any questions relating to your account, please contact Raisin UK.