West Bromwich Fixed Rate Bonds

Compare West Brom Savings With The Market

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.
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.

2.01%

per annum

£500More Info >
Earn 2.01% fixed interest. 5 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.80%

per annum

£1,000More Info >
Earn 1.80% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest.

1.61%

per annum

£500More Info >
Earn 1.61% fixed interest. 3 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected

1.53%

per annum

£500More Info >
Earn 1.53% fixed interest. 2 year term. Interest can be paid monthly or annually. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
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.

1.35%

per annum

£500More Info >
Earn 1.35% fixed interest. 1 year term. Interest can be paid monthly or at maturity. Minimum deposit £500, Maximum deposit £250,000. No withdrawals permitted. FSCS Protected
1.00%Instant AccessMore Info >
MARKET LEADING: 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, the French deposit protection scheme. Manage account online.

0.95%

per annum

1 YearMore Info >
0.95% gross/AER fixed for 1 year. £1,000 minimum opening balance. Withdraw cash early if you need to (subject to loss of interest).
0.75%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 0.75% AER on ALL instant access savings balances, and 0.25% AER on current account balances up to £2,000. No monthly account fee
0.75%Easy AccessMore Info >
Earn 0.75% tax free/AER variable. Open with £100. Unlimited free withdrawals. Transfer in ISAs held elsewhere - no limit
0.75%Easy AccessMore Info >
0.75% 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.

If you want to make to make a one off payment into a savings account can afford to leave it untouched for a predefined period of time tine then West Bromwich fixed rate bonds might be able to offer you a better rate of interest than their instant access option.

West Bromwich fixed rate bond features:

  • A choice of 1, 2, or 3 year bonds
  • Minimum investment of £1000
  • Maximum investment of £1million for single accounts or £2million for joint accounts
  • No additional deposits are permitted
  • No withdrawals can be made during the bond’s term
  • Can be opened online, over the phone or in branch.
  • Monthly interest payment option

 

Before you do lock your money away it is a good idea to shop around to compare the fixed rate bond market to try and find the plan that suits your needs best there are a wide variety of providers. You can use the free comparison tables above to compare fixed rate bond plans from different providers at the same time which might help you decide.

 

In addition to this you may also want to look into other savings plans than fixed rate bonds to see if you may prefer them.

 

Other savings plans include:

 

Tracker Bonds

These saving products are similar to fixed rate bonds, but the interest rate you receive on the bond can go up or down response to any changes made to the Bank of England’s Base Rate which the bond tracks. This means you could receive a better or worse rate of interest depending on what happens to the Base Rate.

 

Structured Deposit

Structured deposits are another saving plan which requires you to tie up for savings without access for a set period of time. They generally offer higher potential rates of interest than bonds but receiving the interest payment is not guaranteed, you may only get back your original investment. Structured deposits offer you returns based on the performance of a share index such as the FTSE 100. If over the period the index fails to perform in the way your plan specifies you may not earn any interest on your deposit.

 

Instant access savings accounts

With instant access savers you can access your money whenever you want, there’s no need to tie up your cash so you can make withdrawals whenever should you need to. They do however usually offer lower rates of interest than bonds or structured deposits.

Cash ISA Selection
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

3%

per annum

More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 3% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.