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Two Year Fixed Rate Bond

You will get a fixed rate of 4.00% gross/AER* on balances from £10,000+
Limited offer may be withdrawn at any time

This is available to new and existing Abbey customers.
You can't add to your Bond once its open so put in as much as you can at the start.

  • Why choose a Two year Fixed Rate Savings Bond?
  • Interest rates
  • What if I need to access my savings?

Why choose a Two year Fixed Rate Savings Bond?

 

Term - Get a great fixed rate on your savings for two years – matures 1st December 2011

 

Save - From £10,000 up to a maximum of £2million

 

Interest Paid - Paid either monthly or annually

 

Manage Your Money - You will also 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.

Interest rates

Invested on

Term

Tiers

Gross Rate  (Annual)

Gross Rate  (Monthly)

 AER*

From 
 22.10.2009

Matures on
 01.12.2011

 £10,000+

4.00%

3.93%

 4.00%

 

*gross/AER based on funds invested on 1st December 2009. Rates effective from 22nd October 2009.


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


For more detailed information on rates please click here.

 

How is interest paid?

 

Interest is paid monthly or annually and you can look forward to a payment from Abbey on the same day each month or year until your fixed bonds mature.

 

You will not be able to change the frequency of your interest payment once your bond is open.

What if I need to access my savings?

There is a charge of 120 days’ net interest on the amount withdrawn for closing your bond before the maturity date.

 

Please ensure you read the legal details for more information.


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.