Index Linked Savings Bonds

Offers an interest return linked to the performance of the FTSE 100 Index

Benefit from the potential growth in the stockmarket and ensure you earn at least a minimum interest return at maturity.

Rate - Your interest return at the end of the term will be the higher of:

Half of the growth in the FTSE 100 Index¹, or
0.5% gross / 0.12% AER

Minimum Balance - £500 up to a maximum of £2 million

Access - No additional deposits, withdrawals or account closures are permitted
Term - Matures 1st August 2017

Rate - Your interest return at the end of the term will be the higher of:

Half of the growth in the FTSE 100 Index¹, or
6% gross / 0.98% AER

Minimum Balance - £500 up to a maximum of £2 million

Access - No additional deposits, withdrawals or account closures are permitted

Term - Matures 1st August 2019

¹Subject to daily averaging over the last six months of the investment term. By using an average at the end of the fixed term the performance of the Index is smoothed from sudden fluctuations shortly before maturity. Whilst this could reduce the benefits of a rising market, it also reduces the adverse effects of a falling market.

What will I get back?

These tables illustrate what you might get back at maturity, based on an initial deposit of £10,000.

Please remember there is no guarantee that the Index will rise or behave the way it has done in the past.

The figures below do not take account of the impact of Income Tax which may be payable on the interest return element of the maturity proceeds.

4 year option

Your initial deposit	Index performance (final level compared to starting level)	Percentage interest return	Your maturity proceeds (including initial deposit)	You will get back your initial deposit plus:
£10,000	60% higher	30%	£13,000	half of the Index growth (30%)
£10,000	20% higher	10%	£11,000	half of the Index growth (10%)
£10,000	5% higher	2.5%	£10,250	half of the Index growth (2.5%)
£10,000	5% lower	0.5%	£10,050	the minimum interest return (0.5%)
£10,000	20% lower	0.5%	£10,050	the minimum interest return (0.5%)
£10,000	60% lower	0.5%	£10,050	the minimum interest return (0.5%)

6 year option

Your initial deposit	Index performance (final level compared to starting level)	Percentage interest return	Your maturity proceeds (including initial deposit)	You will get back your initial deposit plus:
£10,000	80% higher	40%	£14,000	half of the index growth (40%)
£10,000	50% higher	25%	£12,500	half of the Index growth (25%)
£10,000	10% higher	6%	£10,600	the minimum interest return (6%)
£10,000	10% lower	6%	£10,600	the minimum interest return (6%)
£10,000	50% lower	6%	£10,600	the minimum interest return (6%)
£10,000	80% lower	6%	£10,600	the minimum interest return (6%)

Why choose a Stockmarket Linked Savings Bond?

Peace of mind - you will receive your initial deposit back, plus at least a minimum interest return at maturity

Potential - you could earn more than the minimum interest return if the Index performs well

Confidence - benefit from our expertise, we were voted Personal Finance Provider of the Year (Winner: Moneyfacts Awards 2012)

Start saving today

These Bonds are limited offers available until 25^th June 2013 or sooner if sold out. They are subject to availability and can be withdrawn without notice at any time.

Important Information

When you open a Bond we will send you a certificate. Please keep it safe. If the certificate is lost or stolen, you must report it to us. If you tell us within three months of opening a Bond that you have not received a certificate, we will issue a replacement one without charge. After three months, we may charge. The certificate will show your initial deposit only. Any interest returns will be shown as 0%, as these will be calculated at maturity.
When the term ends (at maturity) the money will be transferred to an instant access account unless before the end of the term you instruct otherwise. We will write to you to confirm product details and rates at least 30 days before the Bond matures. Please note that at maturity if you wish to transfer funds to an external account (non Santander), this can only be done in branch or over the phone and not via the internet.
The interest return is only payable at maturity and if the Bond is held for the full term.
AER stands for Annual Equivalent Rate and shows what the interest return would be if we paid an interest return and added it to your Bond each year. The interest return will be variable, depending on the performance of the Index, unless it is either a fixed minimum or fixed maximum. Gross is the rate before the deduction of the basic rate of Income Tax, currently 20%.
Withdrawals or account closure will not be permitted during the fixed term period. The account may be closed in the event of an account holder's death.
No additional deposits can be made once the initial deposit has been made.
Please note that transactions are not viewable online.
Please remember there is no guarantee the Index will rise or behave the way it has done in the past.

How to apply

Online

Apply online now, it's easy and takes just a few minutes. Just choose the term you want to apply for.

4 year term

6 year term

Legal Details

Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England. www.santander.co.uk. Telephone 0870 607 6000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, except in respect of its consumer credit products for which Santander UK plc is licensed and regulated by the Office of Fair Trading. Our Financial Services Register number is 106054. Santander UK plc is also licensed by the Financial Supervision Commission of the Isle of Man for its branch in the Isle of Man. In the Isle of Man, Santander UK plc's principal place of business is at 19/21 Prospect Hill, Douglas, Isle of Man, IM1 1ET. Santander and the flame logo are registered trademarks. You can check this on the Financial Services Register by visiting the FCA's website http://www.fsa.gov.uk/register/home.do or by contacting the FCA on 0800 111 6768.

Rates and information correct as at 20th May 2013