A better rate on balances of £1,000 plus
Our One Year Variable Bond is a great way to save because we've removed the temptation of making little withdrawals throughout the year.
- Invest between £1,000 and £250,000
- Receive a rate of 0.75% AER*/gross p.a. (variable) on balances of £1,000 plus
- This account can be managed in branch, over the phone or online
- Partial withdrawals are not allowed
- Early closure is allowed, subject to a penalty charge equivalent to 90 days' interest
- Annual or monthly interest options available
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. The gross rate is the interest rate payable before the deduction of tax.
^Interest on ISAs is paid tax-free, that is gross with no tax deducted.
