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 348)

    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 (30 June 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 July 2020). Closure of the account is not permitted until the day after maturity (01 July 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 June 2019. After this date the account may be closed for further deposits at any time and without notice.

    Full details
  • 17 Month Fixed Rate Bond

    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 June (commencing 30 June 2020) and on maturity (30 November 2020).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 December 2020). Closure of the account is not permitted until the day after maturity (01 December 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 June 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 349)

    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 30 June (commencing 30 June 2020) and on maturity (30 June 2021).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 July 2021). Closure of the account is not permitted until the day after maturity (01 July 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 June 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 350)

    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 03 July (commencing 03 July 2020) and on maturity (03 July 2022).
    • Withdrawals: No withdrawals are permitted until the day after maturity (04 July 2022). Closure of the account is not permitted until the day after maturity (04 July 2022).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 June 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 43)

    Interest rate:

    1.85% Gross p.a.

    1.87% 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 May 2019) and on maturity (31 July 2023).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 August 2023). Closure of the account is not permitted until the day after maturity (01 August 2023).

    This account is limited issue. Once the account is open, you can make deposits up to and including 31 July 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 351)

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

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

    Full details