1 Year Fixed Rate Bond (Issue 3)

‘I want a great rate on my savings. I don’t need access to my money over the next year, but in return I want something extra. Like a big rate, which is guaranteed. Can you help?’

Our 1 Year Fixed Rate Bond could be just what you are after! Take a look.

Key Features:

• The interest rate is guaranteed for 1 Year.
• There is no cooling off period, and no withdrawals can be made until maturity.
• After the 1 year anniversary of the account opening, you can have instant access to your account and make withdrawals by cheque or cash.
• You select a one-off lump sum amount to save, between £1,000 and £2m.
• After you've made your initial deposit, you won't be able to make any additional deposits until the 1 year anniversary of opening.
• Operates through branch and post only.
• If you select annual interest, this can be credited back into your account or paid out to you. Monthly interest must be paid out.
• After the 1 year anniversary of opening, the account will pay a variable rate of interest linked to our Matured Bond account. Interest on the matured bond account will be paid annually on the 31st March.

With a minimum deposit of just £1,000, its easy to start saving.

Remember these bonds are limited issue and can be withdrawn without notice.

What does AER mean?
Every savings product that shows an interest rate must show the AER. It stands for Annual Equivalent Rate and shows what the interest would be if it were paid and added each year. We do this so you can compare our accounts more easily.

Account Opening Requirements:

Well, first of all we recommend that you look at the full product brochure, just to make sure that this is the savings account for you. After that, have a good look at the general terms & conditions - this will give you all of the information that you need to make the right decision.

Bradford and Bingley subscribe to the Banking Code, copies of which are available by request by visiting our Branches or telephoning our helpline.