Online step bond terms and conditions
Our agreement with you is made up of general conditions (contained in the Personal Banking terms and conditions (PDF, 3.29MB) leaflet) and additional conditions. These include the conditions below and the Banking Charges guide. If there is any overlap or conflict between the additional conditions and the Personal Banking terms and conditions, the additional conditions apply.
The Online Step Bond (the Account) account conditions apply from the opening of your Account until the end of the three year fixed term.
The Account has a fixed interest rate, depending on the balance in the account and the length of time you have held the Account. It is a restricted savings account because there is a limited period after account opening when you can make payments into the Account and withdrawals are not allowed until the end of the term.