Where and when is interest paid with the Triodos Ethical Savings Bonds?
We can pay it on the first of each month into an account you choose when you apply, or we pay it annually on the anniversary of your Bond, and at the end when the bond matures.
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Yes.
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After the first 30 days, you cannot withdraw your funds or close the account. The account can only be closed before the end of the term on death of a sole depositor, or in certain exceptional circumstances at our discretion. Where the bond is held in joint names, on the death of one account holder we will require a new mandate and transfer the bond into the name of the remaining account holder.
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We'll write to you one month before your bond matures, asking you where you’d like your funds to go. If you have internet banking you will be able to make your choice online and can decide to either reinvest or transfer your matured funds to another account.
If we don’t hear from you before your bond matures, we’ll open a variable rate savings account on your behalf and write to let you know. There will always be opportunities for you to reinvest your money with Triodos, and we hope you choose to do so.
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You can save any amount between £500 and £1,000,000.
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When you pay funds into your Account, your funds will start earning interest from the day the funds are paid into your Account.
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By completing an application for any of our Personal Savings accounts online you are automatically registered for Internet Banking and can manage your account online.
If your application was made by post, then Internet Banking access is available for the following Personal Savings accounts:
- Triodos Saver
- Triodos Cash ISA
- Triodos Regular Saver
- Triodos Fixed Regular Saver
- Triodos Charity Saver
You can also access Triodos Right Start Saver and Junior ISA accounts online, but you can't make payments from these accounts.
If you want to apply to manage your existing Triodos account online, download the application form below or call us on 0330 355 0355 and we'll send you one. Before completing an application form, please ensure you have read our Terms and Conditions for personal savings accounts below.
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You make the full opening deposit by electronic transfer from the account you nominate when applying, or from an existing Triodos UK account.
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You need to be a UK resident to be eligible to apply for any of our savings and deposit accounts.
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You cannot make a withdrawal from your Bond during the term of the investment. Likewise, you cannot close the Bond early – except on the death of the sole depositor. If the Bond is held in joint names, we’ll need a new mandate to transfer the Bond into the name of the remaining account holder until maturity.
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