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Online exclusive

Online Fixed Rate Bond - Issue 2
1.5% Gross[2]p.a. / AER[3]

Lock your lump sum in for a better return

Get peace of mind with a great rate guaranteed by a bank you can trust.

Our online fixed rate bond is a safe place to save where you know exactly what your return will be. The straightforward online application means your account can be opened in a matter of minutes.

To take advantage of this limited offer, simply apply online by 21st November 2017. Min deposit: £2,000.

  • Interest fixed at 1.5% Gross p.a. / AER
  • Limited Issue
  • Return guaranteed
  • Interest is calculated daily and paid quarterly
  • Bond matures 31 October 2018[1]
  • Deposit from £2,000 to £5,000,000
  • Invest online - quick and easy

Applications only available online. Applicants must be aged 16 or over. Minimum deposit: £2,000. Maximum deposit: £5,000,000. Joint accounts not available. Once account is open, deposits must be made by 21 November 2017. UK residents only.

No withdrawals or early closures permitted during fixed rate period.

[1] At maturity, your account will convert to an online 95-Day Notice Account. At which point, you will have two weeks to withdraw your funds without notice or penalty. After the two week period, you will need to give 95 days' notice to withdraw funds. Full terms and conditions for the 95-Day Notice Account will be provided to you by email 35 days before the bond maturity date.

[2] Gross rate interest is the interest payable without taking account of any tax payable. From 6th April 2016 we no longer deduct tax from the interest earned on your savings, following the introduction of a Personal Savings Allowance. If you earn interest over your Personal Savings Allowance you will be required to pay any tax due yourself directly to HM Revenue and Customs. If you would like to read more about your Personal Savings Allowance, please visit the Governments website www.gov.uk (link opens in a new tab).

[3] AER. Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.

Compare our range of savings products

Make sure that the Online Fixed Rate Bond is a good match for you.

Compare all our savings accounts

How to apply

FAQs

Apply

First check you are eligible

  • You have a valid email address
  • You are applying for a sole account
  • You can make a minimum deposit of £2,000
  • You do not require access to your funds until after the product maturity date (31/10/2018)
  • You are a UK resident

To complete your application you will need:

  • 10 - 15 minutes to complete application
  • Your customer number if you are an existing customer
  • Your address details for the past 3 years

Already started an application?

Login to complete your saving account application. If you’re not sure what your login details are, or you can’t get online for some reason, please give us a call on 0800 028 3632.

Retrieve application (opens in a new window)

Financial Services Compensation Scheme (FSCS)

Protecting your money

Your eligible deposits with Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.

This limit is applied to the total of any deposits you have with the following: Clydesdale Bank, Yorkshire Bank and B. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please see FSCS leaflet download (Opens in a new window) for further information or visit www.fscs.org.uk