Fixed Term Bond
Save with a competitive fixed rate!
What to consider before opening a Fixed Term account:
Fixed Term Bond accounts are suitable for those who can use their personal savings to save for a set period, with a fixed interest rate.
- Fixed Term Bond account means you are unable to access any money deposited until the date specified
- There is no cooling-off period for fixed term bond accounts so you must be sure the account is right for you before you open it
- It is advisable to have access to money other than what you hold in a fixed term account in the event of unforeseen events or expenses
For more help, you can get in touch on 01858 412412 or you may prefer to send details of your query to customersfirst@mhbs.co.uk.
Our 2 Year Fixed Term products;
Fixed Term Bond 55 (30.04.2027)
4.30% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Notice for withdrawals – N/A
Annual interest
Fixed Term Bond 56 (30.04.2027)
4.21/4.30% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Notice for withdrawals – N/A
Monthly interest
Our 5 Year Fixed Term products;
Fixed Term Bond 57 (28.02.2030)
4.10% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Notice for withdrawals – N/A
Annual interest
Fixed Term Bond 58 (28.02.2030)
4.02/4.10% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Notice for withdrawals – N/A
Monthly interest
*Interest is paid without tax deducted. Some savers will be required to pay tax on savings interest; this should be arranged directly with HMRC through your tax return.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.
