Triodos One Year Ethical Savings Bond
Secure, sustainable fixed term savings account
- Interest rate of 0.80% gross/AER* fixed for one year
- 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
*Rates applicable from 27 October 2016. 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 the rate payable without any tax taken off.
|Account name||Triodos One Year Ethical Savings Bond|
|What is the interest rate?||
|Can Triodos Bank change the interest rate?||No – the interest rate is fixed when the account is opened and we have received your full opening deposit.
Rates may change between the time the application is made and the time the account is opened and full opening deposit received.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,008.00
This estimate is based on £1,000 being deposited at account opening, no further deposits or withdrawals being made and interest being added to the account annually and at maturity. This projection is for illustrative purposes only and does not take into account your personal circumstances.
|How do I open and manage my account?||
|Can I withdraw my money?||No early closure or withdrawals are allowed.|
|Additional information||A minimum of 30 calendar days before the fixed maturity date we will contact you to inform you of your options. At maturity the Account will automatically be changed to a 33 days’ notice Triodos Saver, unless you advise us to do something differently.
*The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross.
**AER shows what the interest rate would be if interest was paid and compounded once each year.
Please ensure you also read the Terms and Conditions for our personal banking accounts