2 Year Fixed Rate Bond (FR248)

Maximum Balance

£300,000

Opening Balance

£1,000

Withdrawal Notice

N/A

Withdrawal Restrictions

N/A

Interest Rate

2.60%

Information

Interest Type: Fixed

Account Opening: Branch

Account Operation: Branch & Post

Things you need to know - Summary Box

Account Name

Fixed Rate Bond – Issue 248.

What is the interest rate?

2.60% AER†/gross pa fixed for 2 years. Interest is calculated daily and paid on maturity.

†AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross is the rate of interest if interest were paid and not compounded each year.

Interest is calculated daily from the day of receipt in the case of a deposit by cash or transfer and from the following day of receipt in the case of a deposit by cheque. Interest shall accrue up to the maturity date.

Can Hanley Economic Building Society change the interest rate?

The interest on this account is fixed for the term of the Fixed Rate Bond and cannot be changed.

What would the estimated balance be on maturity with a £1,000 deposit?

Before You Apply

Before opening an account, it is recommended you read the information below.

Savings Terms & Conditions 2024

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Identification Requirements

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Service Charges

How to Apply

Apply for this savings account using one of the methods below.

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2 Year Fixed Rate Bond (FR248)