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.
If your term is ending, there are ways you can keep earning fixed interest.
Premier 18-Month Flexible Bond - Issue 50.
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.
No, the interest rates are fixed for the 18-Month term of the bond.
|
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 |
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.
To apply for this bond, you must
Already have a current account with us?
Upgrade to a Premier Current Account now. Premier Banking is subject to eligibility.
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.
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 - Issue 50 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.
For additional information, please download
You must be a Premier customer to open this account.
One of the quickest ways to open this account is in our app or Online Banking. Alternatively, call us on 0345 744 54457 to open by phone or to book an appointment to open in a branch.
You must be a Premier customer to open this account.
Call us on 0345 744 54457 to book an appointment to open an account in a branch. You’ll need proof of ID and address.
Open and manage your accounts online.
If our Premier Flexible Bond isn't what you’re looking for, take a look at some of our other savings accounts.
If you’re serious about saving, grow your money with a fixed rate for a fixed term and know exactly how much interest you’ll earn.
Explore our full range of savings options and pick the products that are right for you.
