Business Fixed Term Bond
Save with a competitive fixed rate!
What to consider before opening a Fixed Term account:
Business Fixed Term Bond accounts are suitable for incorporated businesses and limited liability partnerships savings to save for a set period, with a fixed interest
rate.
- 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
Business Fixed Term Bond 01 (31.10.2028)
4.20% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Annual 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.
