Vanquis Bank Five Year Savings Bond - Vanquis Bank Ltd

Vanquis Bank Five Year Savings Bond

Vanquis Bank Ltd
2.5 % AER
Headline Interest Rate
For 60 months
Compensation Scheme
£ 1,000 min initial deposit
£ 250,000 max balance
  • Open By:
High interest rate
Money is locked away for five years

About the account

Account Type: Fixed Term
Headline Interest Rate: 2.5 % AER
Headline Interest Balance: £ 1,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1,000
Date account was introduced: 04 Apr 2019

This account may be appropriate for you if

  • Your are happy to give na days notice before accessing your money
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus

Account access

Open account byManage account by
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: £ 1,000
Maximum Balance: £ 250,000
Statement Frequency: not issued
Additional Deposits: Not allowed
Standing Orders: Not allowed


Withdrawal Conditions: Withdrawals or closure are not permitted during the term.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals permitted.
Transferred on Maturity: If no instructions are received from the customer at least two days prior to maturity, all funds will be automatically returned to the customers nominated bank account. If the customer doesn't have a nominated account the funds will be re-invested into an Easy Access account.


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

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