Organisation Fixed Term Bonds
Annual and monthly interest availabe!
What to consider before opening a Fixed Term account:
Organisation Fixed Term Bond accounts are suitable for incorporated businesses and limited liability partnerships, charities and clubs savings to save for a set period, with a fixed interest rate.
Please note these are split into Business, Charity and Clubs – please apply for the correct type for your needs
- 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 Business Bonds from MHBS - less than 3 Years
This bond pays Annual interest
This bond pays Monthly interest
Business Fixed Term Bond 02 (31.01.2029)
4.60% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Business Fixed Term Bond 03 (31.01.2029)
4.50 / 4.60% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Monthly interest
Fixed Term Charity Bonds from MHBS - less than 3 Years
This bond pays Annual interest
This bond pays Monthly interest
Charity Fixed Term Bond 04 (31.01.2029) – Coming soon
4.60% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Charity Fixed Term Bond 05 (31.01.2029) – Coming soon
4.50 / 4.60% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Monthly interest
Fixed Term Club Bonds from MHBS - less than 3 Years
This bond pays Annual interest
This bond pays Monthly interest
Club Fixed Term Bond 06 (31.01.2029) – Coming soon
4.60% Gross*/AER** fixed
Minimum balance – £10,000
Maximum balance – £500,000
Withdrawals – No access
Annual interest
Club Fixed Term Bond 07 (31.01.2029) – Coming soon
4.50 / 4.60% Gross*/AER** fixed
Minimum balance – £10,000
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.