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3 Year Fixed Rate Bond 


A 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.

3 Year Fixed Rate Bond


Start your application

Apply for a 3 Year Fixed Rate Bond online.

What is the interest rate?


Gross PA / AER*

Note, accrued interest is calculated daily and is payable annually and at maturity (the end of the term) into your nominated bank account.

*AER stands for Annual Equivalent Rate. It illustrates what the interest rate would be if interest were paid and added each year. Please note, interest is not compounded. Gross PA means Gross Per Annum, i.e. before tax is deducted (at the legal rate).

Can Close Brothers Savings change the interest rate?

No. Your rate is fixed, so it will stay the same for the entire term of your savings account. It means you’ll always know exactly how much interest you’ll earn annually.

What would the estimated balance be after 12 months based on £10,000 deposit?

The rate is fixed for the whole term, so you can calculate the actual amount of interest you'll earn at the end, based on the amount you deposit.

Initial deposit  Interest earned
after 12 months 
Balance after
12 months
£10,000.00  £165.00  £10,165.00 


Illustration based on the initial deposit shown being deposited at the time the account is
opened. This projection is provided for illustrative purposes only and does not take into account
individual circumstances.

Calculate your balance after 12 months

How do I open and manage the account?

It's easy to apply online. The minimum opening deposit is £10,000 and the maximum is £2 million. You can pay money into your account by electronic bank transfer.

Managing your account is easy too. Simply login or call us and we'll help with any questions or instructions.

Can I withdraw money?

No, you can’t take money out of a Fixed Rate Bond, so you need to be sure you’re happy to leave your money in the account until the end of the term (maturity)

Before the end of the fixed term, we’ll let you know what your maturity options are.

Additional information

Tax information

We do not currently deduct tax from any interest paid to you. Tax benefits depend on individual circumstances and could change in the future.

Can we help?

If you'd prefer to speak to someone directly or have any questions, please get in touch.

Call us on

020 3857 3050

Lines are open

9am - 5pm, Monday to Friday (excluding UK bank holidays)

Alternatively email us at:

Financial Services Compensation Scheme logo

Your eligible deposits held by a UK establishment of Close Brothers Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

For further information, visit