3 Year Fixed Rate Bond - Issue 38 - Shawbrook Bank

3 Year Fixed Rate Bond - Issue 38

Shawbrook Bank
1.9 % AER
Headline Interest Rate
Fixed
For 36 months
FSCS
Compensation Scheme
£ 5,000 min initial deposit
£ 2,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 1.9 % AER
Headline Interest Balance: £ 5,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 5,000
Date account was introduced: 13 Jun 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£5,0001.90%1.90%1.90%

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: annually
Minimum Balance: £ 5,000
Maximum Balance: £ 2,000,000
Statement Frequency: annually
Additional Deposits: Allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Withdrawals Conditions - No withdrawals or closure permitted during the term.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Free withdrawals are not permitted.
Transferred on Maturity: The customer will be written to one month before maturity to discuss the options available. If no instruction is received before the fixed period is up the account will convert to an easy access account.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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Customer ratings