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 329)

    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: on maturity (02 February 2020)
    • Withdrawals: No withdrawals are permitted until the day after maturity (03 February 2020). Closure of the account is not permitted until the day after maturity (03 February 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2019. 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 330)

    Interest rate:

    1.65% 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 31 January (commencing 31 January 2020) and on maturity (31 January 2021).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 February 2021). Closure of the account is not permitted until the day after maturity (01 February 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2019. 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 331)

    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 31 January (commencing 31 January 2020) and on maturity (31 January 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 February 2022). Closure of the account is not permitted until the day after maturity (01 February 2022).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 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 38)

    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 31 December 2018) and on maturity (31 January 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 (01 February 2023). Closure of the account is not permitted until the day after maturity (01 February 2023).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 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 332)

    Interest Rate

    2.00% 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 31 January (commencing 31 January 2020) and on maturity (31 January 2024).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 February 2024). Closure of the account is not permitted until the day after maturity (01 February 2024).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 January 2019. After this date the account may be closed for further deposits at any time and without notice.

    Full details