- New fixed rate cash ISAs
Fixed rate bond (issue 292)
- Competitive rate of 2.00% Gross/AER, fixed until 13th August 2024
- Save from £500.00 up to £250,000.00
- We will write to you prior to maturity with the options that are available
- Please note this product can be withdrawn without notice.
|
Interest rate % |
Product name |
Min opening balance |
Withdrawal options | Save up to (Max) |
|---|---|---|---|---|
| 2.00% | Fixed rate bond (issue 292) | £500 | Not permitted | £250,000 |
Summary box
Account name
Fixed rate bond (issue 292)
What is the interest rate
Gross/AER: 2.00%
Can Teachers Building Society change the interest rate?
the fixed rate period
What would the estimated balance be at the end of the fixed rate period based on a £1,000 deposit?
The estimated balance at the end of the fixed rate period based on a £1,000.00 deposit would be £1,042.34. This amount is based on the assumption that all terms and conditions for the account are met.
We have worked this out assuming a £1,000.00 deposit is made on the first day the bond is available, interest earned is added to the account and no further deposits or withdrawals are made throughout the fixed term. This projection is provided for illustrative purposes only and does not take into account your individual circumstances.
How do I open and manage my account?
Opening your account
- The minimum opening balance for this account is £500.00 with a maximum investment of £250,000.00.
- This account can be opened online or by post
- Please note: A cancellation period is not available for this type of account
Managing your Account
- This account can be operated online or by post
- You can register and log in to your account here once opened
Can I withdraw my money?
Withdrawals are not allowed within the fixed rate period and therefore ‘Clause 8’ of the Deposit Account General Terms and Conditions only applies on maturity.
Additional information
- This account matures at midnight on 13 August 2024
- The interest rate is fixed until 13 August 2024
- Interest on this account will be added on 13 August 2022, 13 August 2023 and 13 August 2024. Alternatively, interest can be paid to a bank account or transferred to another account with the Society.
- The Society will write to you prior to maturity with the options that are available. You will, of course, have the opportunity to withdraw or transfer to one of the Society’s other savings accounts at that time without charge.
- This product may be withdrawn at any time and without notice
Information Sheet
Terms & conditions
We recommend that you review our savings T's and C's before completing an application form.