1 Year Fixed Term eBond (Issue 32)

'I'd like to invest a lump sum into an account with a great fixed rate of interest. Can you help?’

Well, why not take a look at our 1 Year Fixed Term eBond.

Key Features:

• You can open your Fixed Term eBond account with as little as £1,000 up to a maximum of £2 million.
• Operates online only.
• With a tiered fixed rate of interest the more you save the more interest you will receive:

           £1,000+  6.75% p.a. Gross/AER
         £50,000+  7.00% p.a. Gross/AER

• After you’ve made your initial deposit, you won’t be able to make any additional deposits until the bond matures.
• There is no cooling off period, and no withdrawals can be made until maturity - after the bond matures, you can have easy access to your account.
• Your account can be viewed online 24 hours a day.
• After the fixed period, you can make further deposits into your account.
• The bond runs for a fixed term of 1 year.
• The interest rate is fixed for 1 year from opening.
• Your interest can be credited back in to your account or paid out to your nominated bank account.
• On maturity the account pays a Bradford & Bingley eBond Maturity Account Rate. This is variable and is equal to the Bank of England Base Rate and paid on the 31st of each month.

With a minimum deposit of just £1,000, it's 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Remember these bonds are limited issue and can be withdrawn without notice.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:

Our account opening process is very simple and quick. Simply follow the apply link and complete the online application form. Below is a summary of the key requirements to open an account and also the account opening process. We recommend that you have a good look at the terms and conditions before applying.

5 Key Requirements to Open an eBond Account

1. You must be a UK resident (please note: this excludes the Channel Islands and Isle of Man).
2. Applicants must be aged 18 or over.
3. You need to be able to open your account with a minimum £1,000 balance.
4. You must hold a personal bank or building society current account that offers Direct Debit payment facilities.
5. To be able to access and transact on your account, you need access to a PC with Internet capability and have a valid e-mail address.

5 Step Application Process

1. Apply Online with our simple application form.
2. Set your own password during the application process. Make sure your password is memorable and that you keep it secure.
3. We will then post you your account ID. As your password is set by you we will not include this with the ID.
4. In order to fund your eBond, you must send a cheque (Payable to yourself) to the address provided on the confirmation screen - so not to miss out on the fantastic offer please ensure your cheque arrives with us within 14 days of applying.
5. Sit back and watch your money grow.

Bradford & Bingley subscribe to the banking code, copies of which are available on our website, in our branches or can be requested by phoning our helpline.