6 Month Fixed Term, Fixed Rate Corporate Savings Bond

Earn up to 2.25% gross p.a./AER* FixedPenalties apply for early withdrawalA high interest rate corporate bond that gives you the peace of mind that the interest rate is fixed for 6 months.

Summary of the key product features for this account
Summary Box
Key Product Information for our Savings Accounts
Account name 6 Month Fixed Term, Fixed Rate Corporate Savings Bond
Interest rates (AERs)
Interest Tier AER
£5,000 + 2.00% fixed for 6 months
£250,000 + 2.25% fixed for 6 months
Tax status Interest is paid net of tax, except in certain account types where it can be paid gross. Please enquire for details
Conditions for bonus payment There is no bonus payment for this account
Withdrawal arrangements If you require access to your funds before maturity, the full balance can be withdrawn but you will incur an interest penalty equivalent to 90 days' interest (to be deducted from the capital if necessary). Partial withdrawals are not permitted
Access Access is via post, or one of our branches
* The gross rate is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates the contractual rate (excluding any bonus interest payable) as if paid and compounded on an annual basis.
  • Who can invest in this bond?
  • This bond is available to limited companies, charities, clubs and associations
  • How much can I invest in a bond?
  • You can invest anything between £5,000 and £2,000,000
  • How can I add to this account?
  • Further funds may not be added to the bond once opened, but we can open another bond for you (subject to availability)
  • What are the withdrawal arrangements?
  • If you require access to your funds before maturity, the full balance can be withdrawn but you will incur an interest penalty equivalent to 90 days' interest (to be deducted from the capital if necessary). Partial withdrawals are not permitted
  • When is my interest paid?
  • Your interest will be paid on maturity
  • How can I access this account?
  • Access through post, or one of our branches
  • Is there any bonus payment for this account?
  • There is no bonus payment for this account
  • Anything else?
  • Shortly before your bond matures, we'll get in touch to ask what you would like to do with your investment
  • If we do not receive any instructions prior to maturity your account will be closed and your funds (including interest) will be returned to you
  • Please make sure you've read the Your Savings Terms and Conditions and Things You Need to Know leaflets before applying for this account

current rates | previous rates
Minimum investment Investment amount Gross p.a. / aer % Net p.a. %
(after deduction of basic rate tax)
£5,000 2.00 1.60
£250,000 + 2.25 1.80

current rates valid from 1 August 2010

Minimum investment Investment amount Gross p.a. / aer % Net p.a. %
(after deduction of basic rate tax)
£5,000 2.00 1.60
£250,000 + 2.25 1.80

previous rates not applicable

Tel: 0800 072 1100

9am to 5pm Monday to Friday
9am to 1pm Saturday

Branch finder

Font size Reduce font size. Access key is -. Increase font size. Access key is =. Log in to your e-saver account.

  1. Home
  2. Mortgages
  3. Savings
  4. Insurance
  5. Saffron IFA
  6. Travel Money
  7. Wills
  8. Members