Dunfermline Building Society Fixed Rate Bonds

Get a Leading Fixed Rate Bond Deal

Dunfermline Building Society fixed rate bonds have now been taken over by Nationwide, and offer a competitive way of saving. To make sure you get everything you need from your investments, why not compare the Dunfermline Building Society (Nationwide) fixed rate bonds with some of the other accounts available? See the tables below and find the best one for you:

ProviderAccountInterest RateTermApply
5.00%Current Account
Instant Access
More Info >
5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
1.00%Instant AccessMore Info >
Earn 1.00% gross/AER Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR (Fonds de Garantie Dépôts et de Résolution), the French deposit protection scheme. Manage account online.
1.00%Easy AccessMore Info >
1.00% gross/AER on balances from £1,000 to £1 million. Guaranteed to be at least 0.50% above Base Rate** until 31st December 2017. Unlimited withdrawals without restriction or loss of interest.
5.00%Current Account
Instant Access
More Info >
5.00% interest on balances up to £2,000 PLUS 5% cashback on first £100 of Contactless payments every month. Must pay in a minimum of £500 into the account each month. No monthly account fee.
1.50%Current Account
Instant Access
More Info >
Monthly Interest of 1.50% AER (variable) payable on your entire balance up to £20,000 (3.0% AER until 1st November 2016). Monthly Cashback on selected household bills. Must pay in £500 into the account each month.
1.10%1 YearMore Info >
1.10% gross/AER fixed for 1 year. £500 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).
1.05%Easy AccessMore Info >
Earn 1.05% tax free/AER variable. Open with £100. Unlimited free withdrawals. Transfer in ISAs held elsewhere - no limit
1.00%Current Account
Instant Access
More Info >
Innovative new banking service powered by Clydesdale and Yorkshire Banks. Get your current account and instant access savings account working together. Earn 1% AER on ALL instant access credit balances, and 0.5% AER on current account balances up to £2,000 until 30 November 2016. From 01 December 2016 the rate will be 0.25% AER (0.25% gross p.a. variable). INTRODUCTORY OFFER: Free for the first 12 months.
Alternatives to Fixed Rate Bonds
ProviderPlanDeposit TakerPotential ReturnTermMore Info
Kick Out Deposit PlanInvestec Bank plc

3%

per annum

Up to
6 years
More Info >
  • 3% for each year if the FTSE 100 finishes higher than its starting value
  • Opportunity to mature early at year 3, 4 or 5
  • Capital protected
  • Short/medium term alternative to fixed rates
  • Available for Cash ISAs, ISA transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 

These are structured deposit plans and are capital protected. There is a risk that the company backing the plans or any company associated with the plans may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) , depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plans are not held for the full term.

If you are at all unsure of the suitability of these types of investments, both in respect of their objectives and risk profiles, you should seek independent financial advice.

Nationwide fixed rate bond features:

 

  • Bonds available from 6 months to 5 years
  • Fixed interest rates for the term of the bond
  • Choice of Interest being paid monthly or annually
  • You cannot make any withdrawals or additional deposits once the account is opened
  • Minimum deposit of £1
  • Maximum deposit of £5,000,000
  • Choice of opening an online ‘E-bond’ or an in-branch bond
  • You are allowed to have multiple bonds as long as the combined total does not exceed £5,000,000

 

See if the features of Nationwide fixed rate bonds can offer you the best deal by comparing them with those of other leading providers using our online comparison service – it's easy to use.

 

As fixed rate bonds require you to lock away your savings away, without access to them before you take one out it is worth shopping around and considering other plans before hand to try and ensure you are getting the right choice for you.

 

Other types of plan you may wish to think about

 

  • Tracker bonds – A slightly different type of bond. Whereas with a fixed rate of bond you know exactly how much interest you are going to be paid throughout the term, tracker bonds interest rate may get better or worse over the course of it. This is because the interest rate you receive is linked to the Base Rate set by The Bank of England. This means you may receive or less in interest payments at the end, depending on what happened to the base rate over the length of time your bond lasted.
  • Structured Deposits – Structured deposits normally offer higher potential interest rates than bonds, but you are not guaranteed to receive any interest payments, there is a risk you will only get your original deposit back at the end of the term. This is because structured deposits are normally linked to a share index or indices, like the FTSE 100. Getting an interest payment from this type of plan depends on if the index the plan is tied to perform in the way set out in the structure deposit. Because you risk earning no interest with this type of plan you should carefully evaluate if it is right for you before you take one out.
  • Savings Account – If you are looking into how you can earn interest on your savings but still also maintain access to them should you ever need them then an instant access savings account may be the solution to you. Although they do normally offer lower interest rates than bonds or structured deposits, they tend to offer unlimited free withdrawals meaning if you should ever need your savings you don’t need to worry about any forfeit for closing the account early.