With our Fixed Rate Saver, you can put your money to work, safe in the knowledge of how much interest it’s going to earn you. Just choose the length of your term, deposit between $2,000 and $1,000,000 and prepare to earn interest at a fixed rate.
Choose how long you save for You’ve got five deposit terms to choose from – 3 months, 6 months, and 1, 2 or 3 years – and you can deposit any amount from $2,000 to $1,000,000
Get a great interest rate Earn between 0.45% AER/gross and 0.85% AER/gross, depending on the term you choose
Interest paid directly into your account We’ll pay your interest into the account you used to pay your initial deposit
Reinvest your savings Before the end of the term, we'll write to you to ask you if you want to withdraw your money, start a new Fixed Rate Saver or discuss your options
Know exactly what you'll get Your interest rate remains fixed throughout the term, so you’ll know in advance exactly how much interest you'll earn
Close early if you need to Provided the deposit is under $50,000, you can close the account early for a fee of 90 days’ interest. Do bear in mind that depending on when the withdrawal is made, you may get back less than you originally invested. If the deposit is over $50,000, you can't close your account or withdraw any money until the end of the deposit term
If you're on a fixed rate which is ending soon, you'll be moved onto the standard variable rate for residential mortgages or Buy to Let standard variable rate for Buy to Let mortgages. Details of this can be found on your mortgage Offer document.
Alternatively, you might want to consider applying for a new mortgage rate with us from our current range. This might be more appropriate if you're on our standard variable rate or if your current deal is coming to an end.