What is a Fixed Rate Bond?
Our Fixed Rate Bond is designed to give you certainty about the interest rate you’ll receive for locking away your money for a fixed period of time.
At the end of the term if no maturity instruction is received, your funds including any interest earned will be paid into a Easy Access Maturity Account, where it will earn a managed variable rate.
A fixed rate for a fixed term
Our Fixed Rate Bond gives you a fixed rate of interest for a set period of time, so you'll always know exactly how much interest you'll earn at the end of the term.
Who can apply for a Fixed Rate Bond?
To apply for a Fixed Rate Bond you should be:
-
A UK resident
-
Aged 18 or over
-
Applying for a personal savings account, not on behalf of a business
-
Depositing between £10,000 and £2 million per account
Is a Fixed Rate Bond right for you?
|
You’ll be able to meet the minimum deposit requirement |
You want quick access to your money |
||
|
You want one, simple rate for the full term |
You want to 'top up' with extra deposits |
||
| You want to know exactly how much interest you'll earn | You want an interest rate that moves in line with the base rate |
For more information, please visit our frequently asked questions.