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E-Bonds

A refreshing, simple way to save money with a guaranteed return

An E-Bond meets your needs if...

  • You have savings which you do not need immediate access to
  • You want the security of a fixed rate of interest guaranteed for the term of the bond rather than a variable rate which can move up and down
  • You want to choose between leaving your interest to build up the value of your bond or receiving your interest monthly

If you do want access to your savings please contact us to discuss other products which may better suit your needs. Withdrawal or early closure is not permitted during the term of the bond.

Key Features

  • The security of a fixed rate
  • Invest between £500 and £1,000,000 (£2,000,000 for joint applications)
  • Know your savings are working hard with interest calculated daily and paid annually or monthly
  • Make additional investments into your bond until it becomes a closed issue which may be at any time and without notice
  • Quick and easy way to open a bond
  • No withdrawals allowed until maturity

Our E-Bond range

Bond Term Rates Interested? Further Terms & Conditions
1 Year Annual Interest 1.80% Gross pa/AER Apply View
Monthly Interest 1.79% Gross pa/1.80%AER Apply
2 Year Annual Interest 2.00% Gross pa/AER Apply View
Monthly Interest 1.98% Gross pa/2.00%AER Apply
3 Year Annual Interest 2.20% Gross pa/AER Apply View
Monthly Interest 2.18% Gross pa/2.20%AER Apply
5 Year Annual Interest 2.40% Gross pa/AER Apply View
Monthly Interest 2.37% Gross pa/2.40%AER Apply

What happens on maturity of your E-Bond?

We will contact you at least 14 days prior to the maturity date of your bond to explain the options open to you, these will include:

  • Continue your investment in a new 1 Year Fixed Rate Bond (the 'do nothing' option);
  • Continue your investment in an alternative bond;
  • Transfer to an easy access account;
  • Add extra funds to the above three options;
  • Withdraw your funds (in full or in part).

If you 'do nothing', we will add any interest due to your account and we will contact you within seven days of your bond maturity to confirm your investment. You will have 21 days from maturity to cancel this investment.

Where our 'do nothing' option applies, your investment will continue in a Fixed Rate Bond from which withdrawals or early closure will not be permitted during the term of the bond.

If the 'do nothing' option applies, the Further Terms and Conditions (available above) shall continue to apply, as well as the Investment Account Terms and Conditions, except that the rate of interest, the date that interest will be applied to your account and the minimum and maximum investment limits may differ. Should your investment balance on maturity fall outside the minimum or maximum investment limits, you will be able to continue your existing investment. Any new transactions will be subject to these limits.

Your tax treatment will depend on your individual circumstances and may be subject to change in future.

Internet & High Interest Savings Accounts UK

Call Me

Call us
0845 603 4735*
8am to 8pm Monday to Thursday
8am to 5:30pm Friday
9am to 12pm Saturday

 
E-Savings hints and tips - click here  
E-Savings hints and tips - click here  
Why you are safe with Skipton e-Savings - click here

 

Gross means the interest paid before the deduction of income tax at 20%.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

* To help maintain service and quality, some telephone calls may be recorded and monitored.

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