2 Year Fixed Bond - TSB

2 Year Fixed Bond

TSB
0.6 % AER
Headline Interest Rate
Fixed
For 24 months
FSCS
Compensation Scheme
£ 2,000 min initial deposit
£ 1,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.6 % AER
Headline Interest Balance: £ 2,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 2,000
Date account was introduced: 04 May 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
£2,0000.60%0.60%0.60%

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, monthly
Minimum Balance: £ 2,000
Maximum Balance: £ 1,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No withdrawals or closure permitted during term of account.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Free withdrawals are not allowed.
Transferred on Maturity: If TSB Bank Plc do not receive any instructions from the investor when the bond matures, it will be transferred to the matured funds account.

Conditions

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

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