07 December 2018

TSB gives Fixed Bond and ISA savers a boost with market leading rates on the high street

From today, TSB is increasing interest rates across its two-year fixed bond and two-year fixed rate cash ISA. Changes are as follows:

  • Two-year fixed bond increased to 1.25% AER (previously 0.8% AER).
  • Two-year fixed rate cash ISA increased to 1.25% AER (previously offering 1.0% AER).

These products are available to customers opening an account in branch.

Customers opening TSB’s two-year fixed bond must deposit a minimum of £2,000 within 10 working days of account opening. Customers depositing £2,000 will earn interest of around £50 over two years+.

Customers opening TSB’s two-year fixed rate cash ISA must deposit a minimum of £3,000. Deposits or transfers must be made within 30 days of account opening. Customers depositing £3,000 will earn interest of around £75 over two years+.

Paul Izon, Head of Savings at TSB, said:

“It’s great to be able to offer our customers a stand out savings rate on the high street. As the rate is fixed, customers have the reassurance that they can save well for the long-term.”

Media Contacts

Avni Raval, Media Relations Manager 
T: 07880 276 391 | avni.raval@tsb.co.uk 

TSB Media Relations 
T: 020 7003 9369 | media@tsb.co.uk 
Follow us on twitter: @TSB_News 

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. ‚Äč

Notes to editors

  • Customers must be over 16. 
  • Account opening is available in branch. 
  • +Interest is calculated each day and paid once a year on the anniversary of account opening and at maturity (this includes no withdrawals during the two years). 

For further information about TSB Bank plc, please visit our website www.tsb.co.uk.