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 340)

    Interest rate:

    1.45% 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 (05 May 2020)
    • Withdrawals: No withdrawals are permitted until the day after maturity (06 May 2020). Closure of the account is not permitted until the day after maturity (06 May 2020).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 April 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 341)

    Interest rate:

    1.70% 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 04 May (commencing 04 May 2020) and on maturity (04 May 2021).
    • Withdrawals: No withdrawals are permitted until the day after maturity (05 May 2021). Closure of the account is not permitted until the day after maturity (05 May 2021).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 April 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 342)

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

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 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 41)

    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 29 March 2019) and on maturity (02 May 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 May 2023). Closure of the account is not permitted until the day after maturity (03 May 2023).

    This account is limited issue. Once the account is open, you can make deposits up to and including 30 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 343)

    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 30 April (commencing 30 April 2020) and on maturity (30 April 2024).
    • Withdrawals: No withdrawals are permitted until the day after maturity (01 May 2024). Closure of the account is not permitted until the day after maturity (01 May 2024).

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

    Full details