Fixed Rate Bonds

Invest for the future with lump sum deposits to make the most of higher interest rates. Choose from a range of terms and benefit from the higher interest rates that locking away your money or making lump sum deposits can bring.

If the balance falls below the minimum operating balance, the basic savings rate of interest, which is currently 0.05% Gross p.a./AER (variable), shall apply.

 

  • 1 Year Fixed Rate Bond (Issue 279)

    Interest rate:

    1.30% Gross p.a./AER (fixed)

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account
    • Interest paid: on maturity (31 October 2018)
    • Withdrawals: No withdrawals are permitted until the day after maturity (1 November 2018). Closure of the account is not permitted until the day after maturity (1 November 2018).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 November 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 2 Year Fixed Rate Bond (Issue 280)

    Interest rate:

    1.40% Gross p.a./AER (fixed)

    • Minimum operating balance: £100.
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account.
    • Interest paid: annually on 1 December (commencing 1 December 2018) and on maturity (1 December 2019).
    • Withdrawals: No withdrawals are permitted until the day after maturity (2 December 2019). Closure of the account is not permitted until the day after maturity (2 December 2019).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 November 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 3 Year Fixed Rate Bond (Issue 281)

    Interest rate:

    1.50% Gross p.a./AER (fixed)

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account.
    • Interest paid: annually on 30 November (commencing 30 November 2018) and on maturity (30 November 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (1 December 2020). Closure of the account is not permitted until the day after maturity (1 December 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 November 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 4 Year Income Bond (Issue 24)

    Interest rate:

    1.60% Gross p.a.

    1.61% AER(fixed)

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Interest paid: monthly on the last working day of the month commencing 31 October 2017 and on maturity (30 November 2021). Interest must be transferred either to another building society/bank account or to another account held with the Society.
    • Withdrawals: No withdrawals are permitted until the day after maturity (1 December 2021). Closure of the account is not permitted until the day after maturity (1 December 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 November 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 5 Year Fixed Rate Bond (Issue 282)

    Interest Rate

    1.80% Gross p.a./AER (fixed)

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest credited to the account
    • Interest paid: annually on 30 November (commencing 30 November 2018) and on maturity (30 November 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (1 December 2022). Closure of the account is not permitted until the day after maturity (1 December 2022).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 November 2017. After this date the account may be closed for further deposits at any time and without notice.

    Full details