Fixed bonds

In an uncertain world, you can save with confidence for the longer term.

If you've got a bit more to put away and your sights are set on the longer term, bonds are designed to help you save with confidence. And because your money is locked away for a fixed period of time, you'll get a more rewarding rate.

Perfect if you're not saving for next week or next month.

Fixed Bonds

Fixed Interest Rate
Interest up to 0.50% Gross/AER fixed for a 3 year term
1 year, 2 year and 3 year terms available
Monthly or annual interest options
Minimum opening balance of £2,000
Interest paid from £1
Open either in branch or online
Once your bond is open, no withdrawals are allowed and early closure is not possible

Find out more

How Bonds work

Deposits must be received within 10 working days of opening your account (minimum £2,000).
Once Bonds are opened no withdrawals are allowed.
You can have more than one Fixed Bond.
Your interest can be paid annually or monthly.
On maturity, your Fixed Bond will mature into a Matured Funds Account
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. You can access you money instantly by closing the account at any time. Interest is paid annually and statements are issued annually upon anniversary of the TSB Matured Fund account opening

, which currently pays a variable interest rate of 0.01% Gross/AER