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 289)

    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 January 2019)
    • Withdrawals: No withdrawals are permitted until the day after maturity (1 February 2019). Closure of the account is not permitted until the day after maturity (1 February 2019).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2018. 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 284)

    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 2 January (commencing 2 January 2019) and on maturity (2 January 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (3 January 2020). Closure of the account is not permitted until the day after maturity (3 January 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2018. 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 287)

    Interest rate:

    1.75% 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 3 January (commencing 3 January 2019) and on maturity (3 January 2021).
    • Withdrawals: No withdrawals are permitted until the day after maturity (4 January 2021). Closure of the account is not permitted until the day after maturity (4 January 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2018. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 4 Year Income Bond (Issue 26)

    Interest rate:

    1.85% Gross p.a.

    1.86% 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 30 November 2017) and on maturity (2 January 2022). Interest must be transferred to another building society/bank account or to another account held with the society.
    • Withdrawals: No withdrawals are permitted until the day after maturity (3 January 2022). Closure of the account is not permitted until the day after maturity (3 January 2022).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2018. 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 288)

    Interest Rate

    2.05% 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 2 January (commencing 2 January 2019) and on maturity (2 January 2023).
    • Withdrawals: No withdrawals are permitted until the day after maturity (3 January 2023). Closure of the account is not permitted until the day after maturity (3 January 2023).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2018. After this date the account may be closed for further deposits at any time and without notice.

    Full details