Fixed Rate savings accounts & Bonds
Saving for the longer term is made easier with a fixed rate of interest so you know exactly what interest you'll earn over time.
Saving for a longer term savings goal may mean you don't need to touch your savings for a set period of time. A fixed rate bond offers a fixed savings interest rate for a set period of time, usually 1 to 3 years. For a fixed term bond this is a reward for not touching your savings or with a regular savings bond for making regular payments. Plus these fixed rate bonds and savings accounts offer no risk to your savings and provide you with assurance of the savings rate you will receive.
|Product||Minimum deposit||Gross p.a. / AER*|
|One Year Fixed Rate Bond||£500 +||1.00%||More|
|One Year Fixed Rate Maturity Bond||£500 +||1.00%||More|
* 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 what the gross interest rate would be if the interest was paid and added to the account annually.