Deferred Interest Deposit Account

Take your interest when it suits you best

Our innovative Deferred Interest Deposit Account lets you choose the date when you take the interest on your savings until a time that suits your financial planning. So, if your life, and therefore your financial status, is about to change, it could make sense. You also get attractive interest rates and unrestricted access to your money.

• You set a specific date to receive your interest – or select ‘until further notice’
• You choose the best time, with no restrictions*
• Minimum balance of £10,000 per account
• Attractive rates of interest
• The flexibility to withdraw and deposit money whenever you want
• Simple to manage online**, by telephone, mail and in applicable Barclays branches

The Deferred Interest Deposit Account can be particularly useful if you have a large cash balance and are currently in a high tax bracket but you know that you will soon be moving into a lower tax bracket. For example you may be about to retire, change your employment situation or your taxable income has reduced for other reasons and hence your tax rate going forward is likely to be substantially lower.

How to apply

For further details, please call us on +44 (0)1624 684 316† or we can call you back.

Terms & Conditions

Please select the relevant links for details of:

Barclays Private Clients International Limited; Jersey, Guernsey and
Isle of Man only††

Barclays Bank PLC; London (Knightsbridge) only††

Please note that interest in this account does not automatically compound.

* Subject to changes in law, regulation or banking practice. Please see terms and conditions for details.

** Access to internet banking facilities may be limited in some countries due to the prohibited transmission of encrypted data over telephone lines.

Please read this important information about the European Savings Directive

† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.

†† To view these documents you will need Adobe Acrobat Reader. If you're using access technology software on your computer, visit http://access.adobe.com for more information about using PDF files.

The products and services described on this page are provided by the following companies which are part of Barclays Wealth, Barclays Bank PLC in London and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further Information on these companies and Barclays Wealth please read Important Information.

Products and services on this site may not be available in certain jurisdiction. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.