1 Year Fixed Rate Maturity Bond Ex/C - Saffron Building Society

1 Year Fixed Rate Maturity Bond Ex/C

Saffron Building Society
0.8 % AER
Headline Interest Rate
Fixed
For 12 months
FSCS
Compensation Scheme
£ 500 min initial deposit
£ 500,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.8 % AER
Headline Interest Balance: £ 500
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 500
Date account was introduced: 01 Feb 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£5000.80%0.80%0.80%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity, monthly
Minimum Balance: £ 500
Maximum Balance: £ 500,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No withdrawals permitted during the term of the account. Closure permitted subject to 180 days loss of interest.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No free withdrawals allowed.
Transferred on Maturity: The funds are transferred to an instant access Maturity Easy Access Account upon maturity.

Conditions

Existing Customer: For customers who have a maturing Fixed Rate Bond with Saffron Building Society.
Trustee Types: This account can be opened on behalf of a child or as a formal trust, subject to the trust documents being submitted with the application.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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