"Classic" fixed term deposit
"Classic" fixed term deposit scheme offers high return on your money a fixed interest rate and pays interest at the end of the period chosen.
With a "Classic" deposit scheme the duration of the deposit is fixed (e.g. 12 months), during which time you can neither deposit money into your account nor withdraw from it. All you have to decide is the duration of the fixed term you want, in other words whether you prefer a term of 1, 3, 6, 9, 12, 18 or 24 months and receive the accumulated interest at the end of that period.
The interest rate is set at the start of the term and remains fixed over the length of the deposit, and is not affected by any interest rate fluctuations.
Compare it with other deposit offerings here