Private Banking Services
Products tailored to your lifestyle
Our dedicated range of products for Private members is tailored to your needs. In addition you also have access to a range of exclusive member benefits.
- Private Current Account Tracker; all the every-day banking services you need with instant access to your money and the option of linking to a Savings Account Tracker to make the most of surplus credit balances. For more information please see the attached Current Account Tracker PDF (PDF, opens in a new window)
- Private savings – A portfolio of savings solutions that help maximise returns. Download a Summary of Key Information (PDF, opens in a new window)
- Savings Account Tracker:
- no minimum balance required
- link your savings to your Current Account -Tracker
- instant access to your funds
- For more information please see the attached Savings Account Tracker (PDF, opens in a new window)
- Private Internet Term Deposit:
- exclusive Private Banking rates
- flexibility for 3, 6, 12, 24 & 36 month periods
- guaranteed return on surplus funds over £10,000*
- For more information and to apply for a Private Internet Term Deposit contact your Private Partner
*Terms over 12 months require a deposit of £50,000
- 40 Day Notice Account:
- Rate includes a 0.5% bonus on the gross* rate until 30 September 2010.
- Interest directly into your account every quarter
- Minimum deposit of £500. Withdrawls require 40 days’ notice. Withdrawals without 40 days’ notice are not permitted under any circumstances except in the event of the death of an Account Holder (or one of them if a joint account).
- For further information please see the attached 40 Day Notice Account (PDF, opens in a new window)
- Individual Savings Accounts (ISAs):
- A total ISA allowance of £10,200 each tax year
- Save up to £5,100 tax-free with a Cash ISA
- Invest the balance up to a maximum of £10,200 in a Stocks & Shares ISA
- If you are currently with another provider and would like to move your Cash ISA savings, we'll help you transfer your ISA. Saving with us couldn't be easier with our free transfer service (Your current provider may charge a fee to transfer and you should check this with them)
- The value of any tax benefits to you depends on your individual circumstances. The proceeds of an ISA are currently free from UK Income Tax and Capital Gains Tax.^
- Savings Account Tracker:
- Award- winning Private mortgages, and Private Asset Finance – We have been named “Best Mortgage Lender Scotland” (as voted by Your Mortgage magazine) for six years running , (2005-2010) thanks to the flexible products we offer, such as:
- Current Account Mortgage Capital & Interest (<=75% LTV) Rapid Repay Mortgage - own your home sooner by combining your current account, savings, personal loans, overdraft and mortgage into one flexible and efficient account
- Current Account Mortgage Interest Only (<=75% LTV) Flexible Repay Mortgage - draw on funds as and when you like with an all-in-one Current Account Mortgage for added convenience
- Private credit cards – everything you’d expect from a credit card with added benefits including worldwide acceptance and the latest anti-fraud technology
- Private asset finance – get the car, boat and/or yacht you want with sound advice from an experienced Asset Finance specialist, highly competitive rates and convenient repayment options to suit your cash flow and tailored marine finance service
For more information on current accounts, savings, mortgages, credit cards and asset finance talk to a Private Partner today:
Or call 0800 783 1331 (Open 8am – 6pm Mon-Fri)
Your home may be repossessed, if you do not keep up repayments on your mortgage.
Terms and conditions apply. All credit facilities are subject to status and applicants must be aged 18 or over
^ Anyone aged 16 years or over is eligible to apply for a Cash ISA and for a Stocks and Shares ISA applicants must be 18 or over. You must be resident and ordinarily resident in the United Kingdom.
For details of ISAs, investment limits and how they might suit you, contact your Private Partner
* Gross Rate interest is the interest payable without taking account of the deduction of income tax. For most customers tax will be deducted at the lower rate prevailing at the time of payment (currently 20%)
Clydesdale Bank PLC is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the Scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
In respect of deposits with a UK office, payments under the Scheme are limited to 100% of the first £50,000 of a depositor's total credit balances with the Bank. In respect of investments covered by the Scheme, payments are limited to 100% of the first £30,000 of the claim and 90% of the next £20,000, resulting in a maximum payment of £48,000. Further details of the Scheme are available from us on request or from the Financial Services Compensation Scheme: www.fscs.org.uk (opens in a new window) or Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, Portsoken Street, London, E1 8BN.
Clydesdale Bank and Yorkshire Bank are trading names of Clydesdale Bank PLC. As both banks are part of the one and same authorised entity the £50,000 limit applies to all eligible deposits held across both brands.
