BM Savings 2 Year Fixed Rate Bond
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General

Gross Interest Rate3.90%
AER3.90%

Opening

Method of opening accountInternet, Telephone
Minimum age of account holder16 for telephone, 18 for online application
Minimum deposit£1
Maximum deposit£10,000,000
Contact details for opening0845 602 2828
Go to BM Savings Website
Savings and Investments Team, Birmingham Midshires, Corporate Centre, PO Box 81, Pendeford Business Park, Wobaston Road, Wolverhampton WV9 5HZ

Ongoing

Frequency interest paidAnnually, a monthly option also available
Interest fixed until2 years
Details of any bonus ratesN/A
Minimum ongoing balance£1
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedWithdrawals are allowed subject to a charge
How withdrawals are madePost
Early access penaltiesYes
Notice requiredN/A