LIBOR Plus Deposit Account

A one-month notice account paying the one-month LIBOR rate plus 0.05%, offered in multiple currencies.

0.74% (Gross AER)1

Our LIBOR Plus Deposit Account gives you a competitive rate in multiple currencies with a one-month notice period.

We track the money market one-month LIBOR rate for you each day. Then we add a premium of 0.05%.

We guarantee never to return less than the base rate for the deposit currency. This gives you reassurance that your funds are receiving competitive rates of interest.

  • Available in sterling, euro or US dollars
  • Tracks the one-month LIBOR rate on a daily basis and adds 0.05%
  • Access to your money with one months’ notice     
  • Interest paid monthly
  • No fixed term to your deposit
  • Minimum balance is £500,000, maximum is £5 million

How to apply

Apply

These accounts are offered by Investec Bank plc.

1 Rate shown is for sterling deposits, correct as at 30.04.2012 and subject to variation. AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. ‘Gross’ is the interest rate paid before the deduction of tax.

The LIBOR Plus Deposit rate is updated at midday every day subject to release of the LIBOR rates by the British Bankers Association. The updated rate is applied to the account for interest accrual purposes. Previous day's rates must be regarded as being for indication purposes only.