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Bonds

Invest for the future with lump sum investments, 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 investments can bring.

Rates correct as at 5 Dec 2014

In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the basic investment rate of interest, which is currently 0.05% Gross p.a./AER (variable), shall apply.

  • 1 Year Fixed Rate Bond (Issue 175)

    Interest rate:

    1.40% Gross p.a./AER (fixed)

    Best for:
    Secure fixed rate

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Operate through branch or post
    • Interest paid: on maturity on 31 Jan 2016.
    • Withdrawals: withdraw up to 25% of your capital investment without notice or loss of interest, prior to maturity and subject to minimum balance of £100 being maintained.
    Full details
  • 2 Year Fixed Rate Bond (Issue 176)

    Interest rate:

    1.60% Gross p.a./AER (fixed)

    Best for:
    Secure fixed rate

    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Operate through branch or post
    • Interest paid: annually on 31 Jan (commencing 31 Jan 2016) and on maturity (31 Jan 2017)
    • Withdrawals: withdraw up to 25% of your capital investment without notice or loss of interest, prior to maturity and subject to minimum balance of £100 being maintained.
    Full details
  • 5 Year Income Bond (Issue 5)

    Interest rate:

    2.50% Gross p.a.

    2.53% AER (fixed)

    Best for:
    Monthly interest payments

    • Minimum operating balance: £10,000
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Operate through branch or post
    • Interest paid: monthly on the last working day of the month (commencing 1 January 2015) and on maturity (1 January 2020). Interest must be credited either to another building society/bank account or to another account held with the Society. Interest cannot be credited into the 5 Year Income Bond (Issue 5).
    • Withdrawals: no withdrawals are permitted until the day after maturity (2 Jan 2020).
    Full details