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.

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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.