The Hanley's Fixed Term Savings Account

Growth Bond - "Fixed Term Savings Account"

The Fixed Term Savings Account is a longer term investment. The term will commence on the date the bond is opened and will run for a period of one or two years from (and including) the date the account is opened. On maturity you will be advised of the re-investment opportunities available.

You may choose to have interest paid either annually or monthly to suit your personal requirements.

Product Details

Fixed Term Savings Account
Account Ownership		Customers may only hold one account either individually or jointly.
Product Availability		This account is available Nationally.
Minimum Balance		£5,000 (Annual Interest) or £10,000 (Monthly Interest)
Maximum Balance		£250,000
Additional Investments		Amounts of no less than £1,000 may be added at any time not exceeding the maximum balance.
Interest Paid		Annual Interest - On the last day of the month following the anniversary of the date that the Bond was opened. Monthly Interest - Last day of each Month.
Interest Payment Options		- By adding to the account - By transfer to another Hanley account - By transfer to an alternative UK building society or bank account
Notice to Withdraw		None
Withdrawal Restrictions		A loss of 90 days interest on the amount withdrawn will apply for all withdrawals.
Account Operation		- Branch / Agency - Postal
Printer Friendly Details		Growth Bond Savings Account

Interest Rates

Growth Bond Annual	Current Rates
Annual Interest	Rates effective from: 01/05/2008

Balance	Gross	Nett	AER
£100,000.00 and above.	4.65%	3.72%	4.65%
£50,000.00 to £99,999.99	4.40%	3.52%	4.40%
£25,000.00 to £49,999.99	4.20%	3.36%	4.20%
£10,000.00 to £24,999.99	3.70%	2.96%	3.70%
£1.00 to £9,999.99	3.15%	2.52%	3.15%

Growth Bond Annual	Previous Rates
Annual Interest	Rates effective from: 01/03/2008

Balance	Gross	Nett	AER
£100,000.00 and above.	4.90%	3.92%	4.90%
£50,000.00 to £99,999.99	4.65%	3.72%	4.65%
£25,000.00 to £49,999.99	4.45%	3.56%	4.45%
£10,000.00 to £24,999.99	3.95%	3.16%	3.95%
£1.00 to £9,999.99	3.40%	2.72%	3.40%

Growth Bond Monthly	Current Rates
Monthly Interest	Rates effective from: 01/05/2008

Balance	Gross	Nett	AER
£100,000.00 and above.	4.55%	3.64%	4.65%
£50,000.00 to £99,999.99	4.31%	3.45%	4.40%
£25,000.00 to £49,999.99	4.12%	3.30%	4.20%
£10,000.00 to £24,999.99	3.64%	2.91%	3.70%
£1.00 to £9,999.99	3.11%	2.49%	3.15%

Growth Bond Monthly	Previous Rates
Monthly Interest	Rates effective from: 01/03/2008

Balance	Gross	Nett	AER
£100,000.00 and above.	4.79%	3.83%	4.90%
£50,000.00 to £99,999.99	4.55%	3.64%	4.65%
£25,000.00 to £49,999.99	4.36%	3.49%	4.45%
£10,000.00 to £24,999.99	3.88%	3.10%	3.95%
£1.00 to £9,999.99	3.35%	2.68%	3.40%