Fixed rate bonds

Fixed rate bonds

We’re receiving a high number of applications for our Fixed Rate Bonds and our team is working to process these as soon as possible. This may take longer than usual. We’ll email you as soon as your bond is open with more details, including how to fund your account.

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.

1 Year Fixed Rate Bond

5.25%

AER*/gross** fixed

2 Year Fixed Rate Bond

5.30%

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.