Fixed Rate Access Bond

3.20

gross pa/AER
Fixed to 31/10/2014

Our limited issue† Fixed Rate Access Bond is for customers who want to earn a higher interest rate that's fixed, but also want the ability to access their funds should the need arise.

Ideal home for longer term savings
Interest rate fixed until 31 October 2014
Monthly or annual interest options
Save from as little as £1,000 up to £2 million
Unlimited withdrawals subject to 150 days loss of interest on the amount withdrawn. Any money withdrawn can not be replaced.

Interest rates
Summary box
How to apply

Apply now

Interest rates

Balance (£)	Annual Interest Rates			Monthly Interest Rates
Balance (£)	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.	Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.	AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.	Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.	AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
£1,000 and above	3.20%	2.56%	3.20%	3.15%	2.52%	3.20%

Interest rates are fixed, paid annually or monthly.

Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.

Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.

AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.

Apply now

Summary box

Key Product Information for our Savings Account

Account Name	Fixed Rate Access Bond
Interest rates (AERs)	Fixed rate paid annually or monthly, view interest rate
Tax Status	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. or Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.
Conditions for bonus payment	N/A
Withdrawal arrangements	Access subject to 150 days loss of interest on the withdrawal, subject to daily withdrawal limits. Any money withdrawn can not be replaced. Closure subject to 150 days loss of interest.
Access	Branch or post.

Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.

How to Apply for a Fixed Rate Access Bond

This savings account can be operated in various ways but must be opened at a branch, agency or over the phone.

Note: When applying for a YBS account you will need to verify your identity and address. Check our Verifying your Identity section for more details of what you may need to take with you.