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Fixed Term Bond

Our Fixed Term Bond is the one for you if:

  • Your business has surplus funds to invest
  • You want an excellent return at a fixed rate
  • You want to invest between £10,000 and £5 million
  • You want to invest for up to 3 years

Best Business Fixed Account Provider

Find out more

By phone:
029 2082 7388

You are here:

> > > Fixed Term Bond

Features & Benefits:

  • Choose from a term of 6 months, 1 year, 2 years or 3 years to suit your business needs.

  • Invest between £10,000 and £5 million

  • Interest is calculated daily and paid on Maturity.

  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria. All charities must be individually registered with the Charity Commission for England and Wales. All depositors must be registered in Wales or England; businesses registered in Scotland or Northern Ireland are excluded.

  • Easy Bond opening and management, by post - simply complete the downloadable application form.

  • Withdrawal only upon Bond Maturity. Closure is permitted subject to loss of 90 days’ gross interest on the 6 Month Bond, 180 days’ gross interest on the 1 Year and 2 Year Bonds, and 270 days’ gross interest on the 3 Year Bond.

  • You/your organisation may not be covered by the Financial Services Compensation Scheme. Please refer to the potential eligibility information set out in the Financial Services Compensation Scheme guidelines.

Summary Box - Key Product Information for our Savings Account(s)
Term Balance Gross* Net# AER†
6 Month£10,000 - £5,000,0001.75%1.40%1.76%
1 Year£10,000 - £5,000,0002.85%2.28%2.85%
2 Year£10,000 - £5,000,0003.00%2.40%2.96%
3 Year£10,000 - £5,000,0003.20%2.56%3.10%

Tax status

Tax will be deducted from your Interest before it is paid into your Bond. If you want to receive your Interest without tax being deducted, you will need to provide us with an appropriate declaration.

Conditions for bonus payments

Not applicable

Withdrawal arrangements

No withdrawals are permitted prior to Bond Maturity. Closure is permitted subject to loss of 90 days’ gross Interest on the 6 Month Bond, 180 days’ gross Interest on the 1 and 2 Year Bonds and 270 days’ gross Interest on the 3 Year Bond.

Access

By post

Maturity

Transfers into the Business Reward Saver available at the time of Maturity.

Business Savings Fixed Term Bonds Account Terms

As you will be bound by the terms and conditions of the account, you must read them. If you do not understand any of the terms and conditions please contact us for further information.

Application forms

What can I do next?

Other ways to apply:

By phone:
029 2082 7388

Application forms

What can I do next?

Other ways to apply:

By phone:
029 2082 7388

 

To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used by Principality Building Society to contact you about your application.

Principality Building Society is authorised and regulated by the Financial Services Authority (Authorisation No. 155998). The Financial Services Authority does not regulate commercial or business related mortgages.