Fixed rate bond
Our Fixed Rate Bond gives you a guaranteed rate to grow your savings, so you’ll know exactly how much you’ll earn by the end of the fixed term.
AER* /gross** fixed
Minimum opening balance £500, no additional deposits, withdrawals or account closures permitted during the fixed term.
*AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.
**The gross rate is the interest rate we pay where no income tax has been deducted.
Interest is calculated daily and can be paid annually or monthly.