BM Savings 2 Year Fixed Rate Bond
Full product details for the BM Savings 2 Year Fixed Rate Bond savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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BM Savings 2 Year Fixed Rate Bond Features & Benefits
| Account Type | Fixed Bond | |
| Account Term | 2 years | The account term is 24 months. |
| Rate Type | fixed | The type of interest rate is fixed. |
| Headline Interest Rate | 3.6% | The headline interest rate is 3.60% AER. |
| Headline Interest Balance | £1 | £1.00 |
| Online Access | no | Transactions cannot be made via the internet. |
| Branch Access | no | Transactions cannot be made at a branch. |
| Phone Access | no | Transactions cannot be made by telephone. |
| Withdrawal Restrictions | penalty only | Withdrawals permitted subject to 180 days loss of interest on amount withdrawn in year 1 and 90 days in year 2. |
| Introductory Bonus | 0% | No introductory bonus payable. |
| Withdrawal Notice | 0 days | Withdrawals permitted subject to 180 days loss of interest on amount withdrawn in year 1 and 90 days in year 2. |
| Minimum Initial Investment | £1 | The minimum investment to open this account is £1. |
| Closure Before Maturity | yes | Closure of this account is permitted before maturity subject to 180 days loss of interest on amount withdrawn in year 1 and 90 days in year 2. |
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