Triodos Two Year Ethical Savings Bond
Secure, sustainable fixed term savings account
- Interest rate of 2.75% gross/AER* fixed for 2 years
- Use your savings to support positive change
- Lock your savings away securely, for longer, for a better return
- Save a lump sum of between £500 and £1,000,000
- Know how we use your savings
Who can open a Triodos Ethical Savings Bond?
If you’re aged 16 or over you can open a Triodos Ethical Savings Bond and save a lump sum of between £500 and £1,000,000. Or if you want, you can open an account jointly with another person.
Interest and tax
The interest rate is fixed for the term of the Bond, calculated daily and paid annually and on maturity, or paid monthly to your chosen interest payment account. Interest is taxable, but you may be eligible to receive interest without deduction of tax. You'll need to download and complete the necessary form from the HMRC website, and return it with your Bond application form:
For eligible UK residents, complete form R85 Getting your interest without tax taken off .
For eligible overseas residents, complete form R105 Application for a not ordinarily resident saver to receive interest without tax taken off .
Withdrawals
You cannot make any withdrawals until the Bond matures.
Manage online or by post
To make life easier and more convenient, you can choose to manage the Ethical Saving Bond online, or if you prefer, by post.
*Rates correct as of 31 March 2011. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. The gross rate is before deduction of tax at standard rate.
Triodos Bank Terms and Conditions and Tariff of charges apply.
Frequently asked questions
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