The offshore bank has decided to increase the fixed interest rate to 2.75% gross/AER with immediate effect on its sterling accounts.
The limited offer is open to new and existing customers and there is a minimum investment of £50,000.
The bank’s decision follows news earlier this month that it is closing its dollar and euro fixed deposit accounts early due to a high level of demand. The 12 month fixed rate accounts had offered investors interest rates of 2% and 2.4% respectively.
