Deposit-based savings products with fixed interest and the opportunity for a small additional market-linked bonus.
Fixed Term Structured Deposits combine fixed interest with the opportunity for a small additional bonus, depending on how the FTSE 100 performs.
Fixed return payable at maturity
Earn a fixed return over the product term.
Potential additional return
You may receive a small additional return linked to FTSE 100 performance.
The products also include protection for the original deposit up to applicable FSCS limits.
Explore our current range of Fixed Term Structured Deposits from Barclays PLC.
Eligible Fixed Term Structured Deposits come with the added reassurance of FSCS protection, meaning your original deposit is safeguarded up to £120,000 per person, per banking group. Whether you’re saving through a Cash ISA or non-ISA product (labelled ‘General’ on our website), you can rest easy knowing your eligible funds are protected by the Financial Services Compensation Scheme. Learn more.
Understand the differences between a regular Fixed Term Savings product and a Fixed Term Structured Deposit.
A Fixed Term Structured Deposit combines the features of a fixed term savings deposit with the opportunity to earn an additional return that depends on the performance of a specified market index.
You deposit your money for a fixed period. At maturity, you receive your original deposit back in full, together with a fixed rate of interest. In addition, you may receive a potential bonus but only if the specified index meets the stated performance conditions.
Example:
You put £10,000 into a 1 year Fixed Term Structured Deposit offering 4.50% AER and a 0.10% potential bonus, conditional on the FTSE 100 Index being higher one month before maturity than when the product was opened.
Total amount you could get back at maturity: £10,460
When you open a Fixed Term Structured Deposit, you’re essentially agreeing to lock your money away for a fixed period. The exact term will vary depending on your chosen product. Once your initial deposit is made, you cannot add more money or access your funds until the term ends.
Unlike fixed rate bonds, which pay a single fixed interest rate for the whole term, the Fixed Term Structured Deposit pays a minimum fixed rate and offers a potential bonus rate. The potential bonus is linked to the performance of a stock market index, such as the FTSE 100 Index.
The way returns are calculated will depend on the product and the asset it is linked to. If the relevant conditions are met, you receive the additional bonus rate of interest. If they are not met, you still receive the minimum fixed rate of interest.
In all cases, provided the product is held to maturity, you will receive your original deposit back along with the fixed interest payable under the terms of the product.
Neither of these factors have any further impact on the terms of your savings product, the amount you deposit or the rate of interest you receive.
If Fixed Term Structured Deposits are new to you, read our guide to learn how fixed interest and market-linked bonuses are applied, including the key risks and considerations.
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