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2 Year Fixed Rate Savings Bond

Interest Rates

Invested on

Term

Tiers

Gross Rate p.a. (Annual)

Gross Rate (Monthly)

AER*

From
02.09.2010

Matures on
01.10.2012

£1+

3.20%

3.15%

3.20%

From
02.09.2010

Matures on
01.10.2012

£25,000+

3.50%

3.45%

3.50%

                       For more detailed information on rates please click here.

 

*gross/AER based on funds deposited on 1 October 2010. Rates effective from 02 September 2010.

 

Further Information

  • Interest is paid monthly or annually and payment will be on the same day each month or year until your fixed bond matures. You will not be able to change the frequency of your interest payment once your bond is open

  • You will receive a certificate and an annual statement showing you how your savings are doing and have the certainty of knowing what your interest will be at the end of the term

  • On maturity your money can be paid into a suitable Santander account or other UK bank/building society of your choice.

  • For the fixed term period no withdrawals are allowed.

                                         

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AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off.

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