Capital Millennium Bonds

With £1,000 or more to deposit for a period of one year or longer, you can earn an attractive rate of interest by placing your funds in our fixed rate bond account.

Further deposits may be added to an account during its term but only whilst the interest rate payable on the account is the same as the rate on offer for new accounts. No withdrawals are permitted on an account after the initial deposit.

You can however invest in as many fixed rate accounts as you like.

A monthly income option is also available, allowing you to supplement your existing income. The interest can be credited to the account or transferred to your external bank account from which the capital sum originated.

Summary Box, Key Product Information for our Savings Account(s)

Account Name
  • Capital Millennium Bond Account.
Interest Rates (AERs)
Tax Status
  • Interest is paid net of tax.
Conditions for bonus payment
  • None applicable.
Withdrawal arrangements
  • No early withdrawal.
  • Must be held for the fixed term chosen.
Access
  • On written request by post at expiry of the term of the deposit.