Lock in a great rate on a lump sum balance, with some access to your money
Exclusively available to Barclays Wealth Management clients.
You can open an account online, in the Barclays app1 or through your usual contact.
If your term is ending, there are ways you can keep earning fixed interest.
Wealth 18-Month Flexible Bond
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’s paid, which may be different to the tax year(s) in which it’s accrued. This means if you choose end-of-term interest, you’ll receive all of your interest in one tax year, and 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 or through your usual contact. Please see the ‘Apply for your bond’ section below for more details.
You can manage your account 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
To apply for a Wealth Current Account, you must have £500,000 or more in investable assets.
Already have a current account with us but meet these requirements? Upgrade to a Wealth Current Account now.
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 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 Wealth 18-Month Flexible Bond is a strictly limited offer exclusive to Wealth Management clients, 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 can apply online, in the Barclays app, call us on 0800 376 79546 or through your usual contact.
If our Wealth Flexible Bond isn't what you’re looking for, take a look at some of our other savings accounts.
Grow your ISA with a fixed rate for a fixed term and some access to your money
Make the most of your 2024/2025 ISA allowance of £20,000 and feel good about saving.
Only available to Barclays Wealth Management clients. One of the quickest ways to open this account is in the Barclays app1 or through your usual contact.
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.
