Fixed Rate Bonds generally offer a higher rate of interest for money that you can afford to put away for a year or more. The rate of interest is fixed for the full term of the bond, but you need to ensure you won't need access to your savings as you won't be able to make a withdrawal until the end of the fixed period.
Bonds are limited edition accounts which may be withdrawn from sale at any time without notice, so if you see one you like, don’t wait too long to apply as there are no guarantees it will still be available the next time you look. You can apply for and manage your bond either online or through the post.
To make sure it's the right account for you, please read through the Key product details and the Is it for me? sections, together with the General Savings Conditions and the Key Features & Summary Box document which includes the specific conditions for the account.
Things you need to know about our Fixed Rate Bonds are:
This might be the right type of account for you if you:
Postal:
18 Month Fixed Rate Bond Apply now
| Annual Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.66% | 0.66% | |
Interest will be paid annually on the anniversary of your initial deposit and at the end of the Fixed Rate Period.
Interest is calculated daily at the interest rate at the end of that day.
Interest will be paid into your 18 Month Fixed Rate Bond.
No. The interest rate is fixed for 18 months from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Annual Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £49.61 | £5,049.61 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
18 Month Fixed Rate Bond Apply now
| Monthly Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.66% | 0.66% | |
Interest will be paid one month after your initial deposit into your Account and on that day in every month after that.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 18 Month Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 18 months from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Monthly Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £49.73 | £5,049.73 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
2 Year Fixed Rate Bond Apply now
| Annual Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.71% | 0.71% | |
Interest will be paid annually on the anniversary of your initial deposit.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 2 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 2 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Annual Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £71.25 | £5,071.25 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
2 Year Fixed Rate Bond Apply now
| Monthly Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.71% | 0.71% | |
Interest will be paid one month after your initial deposit into your Account and on that day in every month after that.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 2 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 2 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Monthly Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £71.49 | £5,071.49 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
3 Year Fixed Rate Bond Apply now
| Annual Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.85% | 0.85% | |
Interest will be paid annually on the anniversary of your initial deposit.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 3 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 3 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Annual Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £128.59 | £5,128.59 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
3 Year Fixed Rate Bond Apply now
| Monthly Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 0.85% | 0.85% | |
Interest will be paid one month after your initial deposit into your Account and on that day in every month after that.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 3 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 3 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Monthly Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £129.09 | £5,129.09 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
5 Year Fixed Rate Bond Apply now
| Annual Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 1.26% | 1.26% | |
Interest will be paid annually on the anniversary of your initial deposit.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 5 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 5 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Annual Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £323.04 | £5,323.04 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
Postal:
5 Year Fixed Rate Bond Apply now
| Monthly Interest | |||
| Balance | Gross1 | AER2 | |
| £5,000 - £1,000,000 | 1.25% | 1.26% | |
Interest will be paid one month after your initial deposit into your Account and on that day in every month after that.
Interest is calculated daily at the interest rate at the end of that day.
You can choose to have your interest paid into your 5 Year Fixed Rate Bond Account, another Charter Savings Bank account held by you (subject to the specific conditions of that account) or your Nominated Account.
No. The interest rate is fixed for 5 years from the date your initial deposit is credited to your Fixed Rate Bond (the Fixed Rate Period).
| Monthly Interest | ||
| Initial Deposit | Interest Earned | Balance at the end of the term |
| £5,000 | £322.30 | £5,322.30 |
The above examples are for illustrative purposes only, they do not take account of your individual circumstances and make the following assumptions:
No withdrawals are permitted during the Fixed Rate Period.
Your Account will mature at the end of the last day of the Fixed Rate Period. We’ll write to you before then to remind you of that date and ask you what you would like to do with the funds in the Account at maturity.
You can either withdraw your funds into your Nominated Account or transfer them into a new or existing Charter Savings Bank account in your name (subject to meeting any Specific Conditions for that account).
We will need to have received your instructions for what you wish us to do 2 calendar days (5 calendar days for Postal Accounts) before the end of the Fixed Rate Period otherwise at the end of the Fixed Rate Period your Account will become a variable rate Account without any withdrawal restrictions. We will tell you the interest rate and terms and conditions which will apply to that Account when we write to you before maturity.
Please read this Summary Box in conjunction with the Specific Conditions contained in the Key Features & Summary Box document above, our General Savings Conditions and Tariff of Fees. These together with your Application Form make up our agreement with you.
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* AER stands for annual equivalent rate and illustrates what the interest rate would be if it was paid and compounded once each year.
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Your eligible deposits held by a UK establishment of Charter Savings Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered. Please click here for further information or visit www.fscs.org.uk.
