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 335)

    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: on maturity (31 March 2020)
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 April 2020). Closure of the account is not permitted until the day after maturity (01 April 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 01 April 2019. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 19 Month Fixed Rate Bond

    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: on maturity (01 November 2020)
    • Withdrawals: No withdrawals are permitted until the day after maturity (02 November 2020). Closure of the account is not permitted until the day after maturity (02 November 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 01 April 2019. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 4 Year Income Bond (Issue 40)

    Interest rate:

    1.90% Gross p.a.

    1.92% 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 28 February 2019) and on maturity (02 April 2023). 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 (03 April 2023). Closure of the account is not permitted until the day after maturity (03 April 2023).

    This account is limited issue. Once the account is open, you can make deposits up to and including 01 April 2019. 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 337)

    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 01 April (commencing 01 April 2020) and on maturity (01 April 2024).
    • Withdrawals: No withdrawals are permitted until the day after maturity (02 April 2024). Closure of the account is not permitted until the day after maturity (02 April 2024).

    This account is limited issue. Once the account is open, you can make deposits up to and including 01 April 2019. After this date the account may be closed for further deposits at any time and without notice.

    Full details