Premier 18-Month Flexible Bond

Lock in a great rate for a fixed term on a lump sum balance, with some access to your money

You must be a Barclays Premier customer. If you already bank with us, one of the quickest ways to open this account is in the Barclays app¹ or Online Banking. Simply log in or register for Online Banking.

Apply in Online Banking

Lock in a great rate for a fixed term on a lump sum balance, with some access to your money

Only available to Barclays Premier customers
Fixed rate of 3.65% AER / gross per year^²,³
Make up to three withdrawals, each one of up to 10% of your initial deposit⁴, ⁵
Open and manage your account using our app, Online Banking⁶, by phone or in a branch
Open with a lump sum deposit. No additional deposits allowed

Already have a bond with us?

If your term is ending, there are ways you can keep earning fixed interest.

Find out how

Summary box

Account name

Premier 18-Month Flexible Bond.

What is the interest rate?

Interest rates for balances of £1+, effective from 13 November 2024

Interest option	Monthly Gross p.a. %	End of term Gross p.a. %	AER % (All interest options)
18-Month term	3.65	3.65	3.65

Monthly and end of term interest payment options are available.

Monthly interest will be paid into your nominated Barclays account (this must be in the name of one or more Flexible Bond holders) or will be paid to you by cheque.

As monthly interest is paid into your nominated account, the interest does not compound in your bond.

End-of-term interest is paid to your bond at maturity.

For terms of more than one year the actual interest that you receive at the end of the term will be higher as it includes compounding from year to year.

Tax liability on interest applies in the tax year it is paid, which may be different to the tax year(s) in which it is accrued. This means If you choose end of term interest, you’ll receive all of your interest in one tax year and you could reach or exceed your Personal Savings Allowance more quickly in that tax year.

Can Barclays change the interest rate?

No, the interest rates are fixed for the 18-Month term of the bond.

What would the estimated balance be at the end of the term based on a £1,000 deposit?

Deposit amount	Monthly (Estimated value at the end of the term)	End of term (Estimated value at the end of the term)
£1,000	£1,054.75	£1,055.42

How do I open and manage my account?

You can open an account online, in the Barclays app, in branch or over the phone. Please see the ‘How to apply’ section below for more details.

You can manage your account in branch, or using Online Banking, the Barclays app or Telephone Banking – provided you’re registered.

You can open this bond with £1 – the maximum balance is £1 million.

Eligibility

To apply for this bond, you must

Be a Premier Banking customer and be aged 18 or above
Be aged 18 or above
Be resident in the UK

You’ll also need to have

An annual gross income paid into a current account with us of £75,000 or more, or
Have a total balance of at least £100,000 in savings with us, eligible investments – or a mix of both (*)

*Eligible investments are Investment ISAs, SIPPs or General Investment Accounts held through Smart Investor or Barclays Investment Solutions Limited

Already have a current account with us?

Upgrade to a Premier Current Account now. Premier Banking is subject to eligibility.

Can I withdraw money?

You can make 3 withdrawals during the term of the bond. The maximum value per withdrawal is 10% of your initial investment into the bond.

You can access your funds and manage your account in branch, or using Online Banking, the Barclays app or Telephone Banking – provided you’re registered.

We’ll contact you again before your bond matures to find out what you’d like to do next.

Additional information

Interest is paid gross. If you’re a UK taxpayer, you may have to pay tax on interest earned in excess of your Personal Savings Allowance – for information and guidance please refer to HMRC’s website. It’s your responsibility to ensure that any tax due on interest payments received is paid to the appropriate tax authority.

Our Premier 18-Month Flexible Bond is a strictly limited offer exclusive to Premier Banking customers, and may be withdrawn at any time.

Additional deposits are not allowed at any time during the term of the Bond, although a bond holder may acquire additional bonds subject to availability.

Terms and conditions

For additional information, please download

Our Premier 18-Month Flexible Bond terms and conditions [PDF, 138KB].
The full product details [PDF, 311KB]

How to apply

More ways to save

If our Premier Flexible Bond isn't what you’re looking for, take a look at some of our other savings accounts.

Important information

Online Banking, the Barclays app and Telephone Banking are only available if you’re registered to use these services. You need to be 18 or over to access this product or service using the app. T&Cs apply.^{Return to reference}
Rates shown are when interest is paid at the end of term. Interest can also be paid monthly or annually. If you choose end of term interest, you will receive all of your interest in one tax year. This means you could reach or exceed your Personal Savings Allowance more quickly in that tax year. If your bond has tiered interest rates then withdrawals may take you into a lower tier. Open from £1 to £1 million – no additional deposits are allowed.^{Return to reference}
‘Gross’ is the rate payable without tax taken off. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.^{Return to reference}
Rates are fixed for the term of the bond, but the amount of interest you receive will depend on the number and value of the withdrawals you make. If your Flexible Bond has tiered interest rates, then withdrawals may take you into a lower tier.^{Return to reference}
If your circumstances have changed significantly, perhaps due to illness, a relationship ending or financial difficulties, you might be able to access money in a savings account that doesn’t normally allow withdrawals.

You can ask us about this by calling 0345 744 5445. We’re here Monday to Friday 8am to 8pm and Saturday 9am to 5pm. Alternatively, you can send us a message from the ‘Help’ section in our app or Online Banking, or visit a branch.

To maintain a quality service, we may monitor or record calls. Due to popularity, the next available appointment in a branch may be a few weeks away. Call charges^{Return to reference}
Online Banking, the Barclays app and Telephone Banking are only available if you’re registered to use these services. You need to be 18 or over to access this product or service using the app. T&Cs apply.^{Return to reference}
Lines are open Monday to Friday 8am to 8pm and Saturday 9am to 5pm. To maintain a quality service, we may monitor or record calls. Due to popularity, the next available appointment in a branch may be a few weeks away. Call charges.^{Return to reference}

Premier 18-Month Flexible Bond