first direct
 

Fixed Rate Savings

Looking to save £2,000 or more? Our Fixed Rate Savings pays interest of 2.80% AER (2.80% gross p.a.) for balances of £2,000 to £49,999 (rate available until 30 September 2010. Deposit matures on 30 September 2011).

  • Fixed Rate Savings is a bond which means you deposit a fixed amount of money for a fixed period (term) at a fixed rate of interest
  • your savings interest rate will remain fixed for the term
  • at the end of the fixed term the initial deposit is repaid
  • interest is paid upon maturity
  • save between £2,000 and £49,999
  • you can open as many Fixed Rate Savings as you want to
  • you must have another first direct account with us, other than an ISA or Regular Saver, and must maintain such an account for the term
  • once open you can view your Fixed Rate Savings via Internet Banking and manage by telephone
  • no partial withdrawals are allowed but you can close your bond and withdraw your deposit in full before the end of the term for a fee of £100
  • this is a tranched product meaning a new bond will be released monthly. Interest rates may vary between issues.
 

 

first direct is a division of HSBC Bank plc. © HSBC Bank plc 2008. All Rights Reserved. Member HSBC Group.
Because we want to make sure we're doing a good job, we may monitor or record our calls. We hope you don't mind.