Fixed Rate Bonds and Term Deposits Accounts

PLEASE NOTE: This page is for information only and for customers who currently hold these types of accounts with us.

Our short-term savings accounts run for fixed periods ranging from a few months to two years. The rates vary depending when you started your account with us and which term you chose.  The term and rate for your account will be outlined on the letter you received at account opening.

These accounts will run to their original maturity dates at which point we will return the money to you with the interest earned. It’s important to note that because your deposit is fixed in for an agreed period, no withdrawals are allowed during the term of the account.
 
For full details please refer to the Terms of Agreement or if you need to talk to us about your specific account you can contact us on 020 7758 7105. 

What is Gross/AER?

The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year (this allows you to compare savings rates more easily).