The interest rate is fixed until 30 November 2027.

We calculate the interest daily and pay it either annually (either into this account or to another suitable account) at the end of 30 November each year, or monthly (to another suitable account only), at the end of the last day of each month.

The interest rate is fixed. No matter what happens to interest rates generally, we won’t change the rate until account matures at the end of 30 November 2027.

£1,053.90

This would be the balance after 16 months if £1,000 was paid in on 1 August 2026 all interest was paid back into the account, and no money was taken out or paid in.

The illustration is just an example to help you compare accounts. It does not take into account any individual circumstances.

Eligibility

• You must be aged 16 or over to open this account.

How to apply for this account

• Online

Register and use our Online Services

• Download our app
• Call 0800 121 8899
• Visit one of our branches
• Write to us at Oakfield House, PO Box 600, Binley, Coventry, CV3 9YR.

If you apply for a joint account online or by phone, we'll send you an application form in the post for you to fill in and return.

How to manage and keep track of your account

• Register and use Online Services
• Register and use our app
• Call us on 0800 121 8899

How to put money into your account

This is a limited issue account and you have a limited time to pay in.

You need to make sure we’ve received the money you’re using to open the account, and any other money you want to put in the account, either within 14 calendar days of your account being opened or while the account is open to new investors, whichever period is longer.

• Pay in cash or cheques in a branch
• Post us a cheque
• Set up transfers from an account with another bank or building society or another account with us.

The minimum balance is £1.

The maximum balance is £1,000,000.

After you've opened the account, we won't contact you to let you know when it closes to new investors. To find out if it's still available, please contact us.

This is a no access account. After the 14-day cooling-off period, you can’t make withdrawals (including any interest paid into the account) or close the account before 30 November 2027.

What happens when the fixed period ends (matures)

This Fixed Rate Saver (26) will mature at the end of 30 November 2027.

We’ll write to you at least 14 days before the account matures with details of how you can re-invest your savings with us, or take out some or all of your money. 

There’ll be a default option - another fixed rate saver with us (re-investment account). The length of the re-investment account will either be shorter, the same or no more than six months longer than the duration of your current fixed rate saver.

At maturity, the money in this account will be automatically re-invested into the default option unless you have asked us to do something else with it. However, you’ll have the option to close your new fixed rate saver, without being charged, within 21 days after the end of your fixed period.

This is a limited issue account, so we may stop accepting applications at any time.

You have a 14-day cooling-off period after you open a Fixed Rate Saver (26). Day 1 starts on the day after you open your account. For example, if you opened your account on the 1st day of the month, your cooling off period will finish at the end of the 15th day of that month. If you wish, you may change your mind and take some money out, or close the account within 14 days without notice, charge or loss of interest.

We pay your interest gross. The gross rate is the interest payable before the deduction of tax.

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.