Lock your money away for 1 year at a fixed rate of interest.
Apply for a 1 Year Fixed Rate Bond
Already a TSB customer?
You’ll need to be registered for internet banking to apply
Apply for a 1 Year Fixed Rate Bond
New to TSB?
Register and apply for your account
You must be 16 or over and a UK resident to apply
If you prefer to apply in branch or through telephone banking, you can book an appointment in advance.
Important Information
How do Bonds work?
You need to be aged 16+ to open a Fixed Rate Bond.
Deposits must be received within 10 working days of opening your account (minimum £1).
Once Bonds are opened no withdrawals are allowed.
You can have more than one Fixed Rate Bond.
Your interest can be paid annually or monthly.
Your savings will automatically move into a TSB Matured Funds account at maturity, unless you tell us you'd like to do something different with your money. Your account number and sort code will not change. Statements are issued annually upon anniversary of the account opening.
The Annual Equivalent Rate (AER) shows what the interest would be if the interest was paid and added to the account once each year. It lets you compare savings accounts easily. Gross rate is the contractual rate of interest payable before the deduction of income tax.
You need to be 16+ and UK resident to open most of our savings accounts with the exception of Savings Pots and TSB ISAs. For children under 16 please see specific pages for opening procedures.
