FlexiBond
If your business can put money aside for a year, our FlexiBond offers you a competitive rate of interest – and you can get still get easy access to up to 30% of your initial deposit.
The interest rate on our FlexiBond is currently fixed at 3.10% gross/AER pa*, and it’s guaranteed not to change during your one-year term.
Features and benefits
- Fixed rate of interest of 3.10% gross/AER pa*
- Interest rate fixed for one year from date the FlexiBond is opened
- Interest is calculated on a daily basis and paid on maturity
- Make up to two withdrawals of your initial FlexiBond deposit, up to a total of 30% of your initial deposit, with just 35 days’ notice
- Minimum deposit is £10,000
- Maximum deposit is £1,000,000
- Withdrawal requests must be made in writing.
The rate of interest payable depends on the individual circumstances of each banking customer and may be subject to change in the future.
Loyalty FlexiBond rate for existing customers
As one of our existing customers, you can earn an even better rate on our Flexibond. Click here to find out more.
How to apply
*AER: AER stands for Annual Equivalent Rate; it illustrates what the interest rate would be if interest were paid and compounded once each year and allows you to easily compare different offers.
Gross: This is the contractual rate of interest payable before the deduction of income tax.