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SuperSaver Term Deposit
SuperSaver Term Deposit up to 0.25% AER
Our SuperSaver Term Deposit is a savings option which pays you a fixed rate of interest for a fixed term.
- Save with a fixed interest rate for a term of 6 months, 1 year, 2 years, 3 years or 5 years
- Deposit GBP, US Dollars
- Access to your account through the branch or over the phone
- Minimum deposit required is GBP 1,000, USD 1,000
Product Details - A Secure Fixed Term Deposit Account
- Earn a fixed interest rate on your savings for the full term
- Invest a minimum of €1000 (there is no maximum)
- Access to your account – online or phone
Find out more in our SuperSaver Term Deposit FAQs.
Flexible saving options
- Choose to save in GBP or US Dollars
- Select a savings term of 6 months, 1 year, 2 years, 3 years or 5 years
- Open an account individually or jointly.
Please see our terms and conditions.
Product Summary - Term Deposit Account
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About us |
Ridgeway Alliance Trust has its registered office at One Thomas More Square, London E1W 1YN. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268). It is subject to the laws of England and Wales. It is registered in England and Wales as a public limited company (Registration Number 04663024). |
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Account provider |
Ridgeway Alliance Trust – We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268).
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a Bank is unable to meet its financial obligations. Most depositors – including most individuals and businesses – are covered by the scheme.
In respect of deposits, from 30 January 2017, an eligible depositor is entitled to claim up to €85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be €85,000 each (making a total of €170,000). The €85,000 limit relates to the combined amount in all the eligible depositor’s accounts with us including their share of any joint account, and not to each separate account.
For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website www.fscs.org.uk or call the FSCS on 41 43 508 5415 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS. |
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What is the interest rate? |
USD Rates effective from 23rd November 2020
GBP Rates effective from 23rd November 2020
Term2- Terms other than six months (183 Days), 1 year, 2 years, 3 years or 5 years are not available for new deposits.
Gross2 - Gross is the rate of interest before the deduction of the tax applicable to interest on savings account. AER3 - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Note: Interest is paid gross. If you are a UK tax payer you may have to pay tax on interest earned in excess of your Personal Savings Allowance. For information and guidance, please refer to the HMRC website.
Interest Rates are fixed for the term of the deposit.
Interest Rates on SuperSaver Term Deposit can change periodically. The rate applicable on your deposit will be as prevalent on the date of deposit opening. To check the latest interest rates ;
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Can Ridgeway Alliance Trust change the interest rate? |
Ridgeway Alliance Trust has the right to change the rate of interest.
Read the T&C for complete information.
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What would the estimated balance be after 1 year based on a €1000 deposit?
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For €1000 invested for 1year at interest rate of 0.25% (AER), you'll earn approximately €2.50 interest (gross). This is applicable when amount is invested for complete year and the interest is not withdrawn from the account. |
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How do I open and manage my account? |
Eligibility:You are eligible to open the SuperSaver Term Deposit if you meet the below criteria;
Steps to open SuperSaver Bond:Visit any Ridgeway Alliance Trust branch and meet a member of branch staff to open your SuperSaver Term Deposit.
Alternatively you can complete the application form which you can find on our website and provide us with the proof of your identity and address. Joint account:You can open an individual or a joint account or both. Documents required to open the account:
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Can I withdraw money? |
Withdrawals are not permitted for the term of deposit
Premature closure of a Term Deposit is allowed before the end of the agreed term however this may result in loss of interest. |
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Additional information |
There are no standard charges on SuperSaver Term Deposit Account offered by Ridgeway Alliance Trust. However there are charges levied for certain services/facilities provided for day to day running of your account. We recommend that you go through the Rates and Charges Schedule in our website http://www.ridgewayalliancetrust.com before making a choice. |
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Access |
Branch, phone banking |
Key Product Features
- Fixed Rate for the term of the deposit
- Interest paid on maturity
- Available in GBP,or USD
Key Facts
- Who regulates us?
Ridgeway Alliance Trust is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268). Ridgeway Alliance Trust (Company number 04663024) has its registered office at One Thomas More Square, London E1W 1YN. - What you should do if you have a complaint?
If you want to make a complaint please contact us at:
Ridgeway Alliance Trust,
Customer Relations,
2nd Floor,
One Thomas More Square,
London E1W 1YN
Or
Telephone Customer Relations at +44-746-227-2978 (Calls to this number use free plan minutes if available, otherwise they cost the same as 01/02 prefix calls)
Or
Email at ukcustomerrelations@ridgewayalliancetrust.com
We will then arrange for a member of the complaints team to investigate and respond to you accordingly. - Are we covered by the Financial Services Compensation Scheme (FSCS)?
Ridgeway Alliance Trust is covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a Bank is unable to meet its financial obligations. Most depositors – including most individuals and businesses – are covered by the scheme.
In respect of deposits, from 30 January 2017, an eligible depositor is entitled to claim up to €85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be €85,000 each (making a total of €170,000). The €85,000 limit relates to the combined amount in all the eligible depositor’s accounts with us including their share of any joint account, and not to each separate account.
For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website www.fscs.org.uk or call the FSCS on 41 43 508 5415 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.
Interest Rate
SuperSaver Term Deposit USD Rates (AER/Gross) effective from 23rd November, 2020
| Gross | AER | |
|---|---|---|
| 6 month |
0.35% |
0.35% |
| 1 year |
0.35% |
0.35% |
| 2 years |
0.35% |
0.35% |
| 3 years |
0.35% |
0.35% |
| 5 years |
0.35% |
0.35% |
Click here for interest rate history 
SuperSaver Term Deposit GBP Rates (AER/GROSS) effective from 23rd November, 2020
| Gross | AER | |
|---|---|---|
| 6 months (183 days) |
0.15% |
0.15% |
| 1 Year |
0.25% |
0.25% |
| 2 Years |
0.25% |
0.25% |
| 3 Years |
0.25% |
0.25% |
| 5 Years |
0.25% |
0.25% |
*Interest paid on AER basis
Terms other than six months (183 Days), 1 year, 2 years, 3 years or 5 years are not available for new deposits.
How to Apply
1 Who is eligible?
To open a SuperSaver Term Deposit you need to deposit at least €1,000 or $1,000.
2 What documents do I need?
- You need to submit:
- A valid proof of identity
- A valid proof of address
Please read our short documents guide before you apply.
3 Download and complete the forms
Please download our application form
If you’d like any help while completing your form, or if you have any questions about the application process, you can call us on +44-746-227-2978 (Calls to this number use free plan minutes if available, otherwise they cost the same as 01/02 prefix calls) and we’ll be happy to assist you.
4 Submit your forms
Please bring your completed application form, proof of identity and proof of address to one of our branches.
Nationwide Financial Group reserves the right to:
- Decline an application for a new account
- Change or withdraw any or all of the benefits, services or special promotions offered at any time
To ensure that we carry out your instructions accurately, to help us continually improve our service and in the interests of security, we may monitor and/or record your telephone calls made to us.
You can access our full terms and conditions here.
