Fixed Term Bond
Save with a competitive fixed rate!
Online Service Maintenance Update - Sunday 16 August
To keep our Online Service running smoothly, we’ll be carrying out essential maintenance on Sunday 16 August and Sunday 23 August, between 8.00am and 1.00pm. During these times, you may experience brief interruptions and downtime. For new account opening and transactions, we recommend waiting until 1.00pm when it’ll be up and running as normal.
Thank you for your understanding.
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.
- Choose interest option – Make sure you select the correct interest payment option, either annual or monthly
- No cooling-off period – Fixed Term Bonds have no cooling‑off period, so be certain the account suits you before opening it
- Access restrictions – With a Fixed Term Bond, you cannot access your money until the first working day after the account matures
- It’s wise to keep some money accessible outside of a fixed‑term account so you can cover unexpected 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.
Fixed Term Bonds from MHBS - less than 3 Years
This bond pays Annual interest
This bond pays Monthly interest
Fixed Term Bond 35 (02.10.2028)
4.90% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Fixed Term Bond 36 (02.10.2028)
4.79/4.90% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
Monthly interest
Fixed Term Bonds from MHBS - less than 5 Years
This bond pays Annual interest
This bond pays Monthly interest
Fixed Term Bond 29 (30.09.2029)
4.55% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Fixed Term Bond 30 (30.09.2029)
4.45/4.55% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
Monthly interest
Fixed Term Bonds from MHBS - less than 7 Years
This bond pays Annual interest
This bond pays Monthly interest
Fixed Term Bond 37 (30.09.2031)
5.00% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Fixed Term Bond 38 (30.09.2031)
4.88/5.00% Gross*/AER** fixed
Minimum balance – £5,000
Maximum balance – £500,000
Withdrawals – No access
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.
