Defined Return Deposit Issue 4
Defined Return Deposit Issue 4 offers 100% capital protection on your deposit, with a Minimum Return of 2.00% (0.49% AER) if the market falls over the Term. If the market remains flat, or rises over the Term, the Product offers a Defined Return dependent on your Deposit Choice; 10% (2.40% AER) for Sterling deposits, 14% (3.31% AER) for US dollar deposits or 14% (3.31% AER) for Australian dollar deposits.
What does it offer me?
Level of risk: Low to Medium
Currency: Sterling, US dollar or Australian dollar
Minimum amount: £10,000, US$15,000 or AU$15,000
Apply before: 16 May 2019
Four years, and 1 week
No access until the Maturity Date
Matures: 30 May 2023
All Deposit Choices: 2.00% (0.49% AER)
Sterling deposits: 10.00% (2.40% AER)
US dollar deposits: 14.00% (3.31% AER)
Australian dollar deposits: 14.00% (3.31% AER)
Market Linked Return
At maturity you will receive back your Original Deposit plus a Minimum Return or a Defined Return:
Sterling deposits are linked to the performance of the S&P United Kingdom Index.
US dollar deposits are linked to the performance of the S&P 500 Index.
Australian dollar deposits are linked to the performance of the S&P / ASX 200 Index.
Start of offer period 18 February 2019
End of offer period 16 May 2019
Start Date 23 May 2019
Maturity Date 30 May 2023
Am I eligible?
You can apply for this Standard Bank Jersey Limited or Standard Bank Isle of Man Limited Product if:
You are aged 18 or over
You are able to meet the minimum balance requirements for your choice of account
Customers are required to make the deposit into their call account prior to the sales closing date – 16 May 2019.