Invest in your future with a 1 Year Fixed Rate Bond. This account is designed for savers who don't need immediate access to their funds, offering a secure, fixed return over the term. Grow your savings with confidence, knowing your rate is locked in for the entire year.
Will I be taxed on the interest?
We will pay your interest without tax taken off into this or another suitable account of your choice. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information please contact HMRC.
Additional information
The interest on this account is fixed, which means the rate can’t be changed during the fixed period. This is a limited issue account which could be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our branch savings terms and conditions and online savings terms and conditions here.
You can open and manage this savings account either online or in branch. Registration to open an online account is super quick and only takes a few minutes, or you can pop into any of our branches and open a passbook savings account.
To download our app and open an online savings accounts, scan the QR code if you're viewing on desktop or head to the App Store on Apple devices or Google Play on Android devices on mobile.
Opening a savings account should be straightforward and effortless. No long forms. No endless steps. Just a quick, hassle-free way to start hitting your savings goals.
This year we've received a 5-star rating from Moneyfacts, a trusted industry expert, for how easy it is to open one of our online savings accounts.
From your phone, tablet or computer, you’re only a few taps away from getting started. Why not see what all the fuss is about?
Open an online accountYour savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the Government and is funded by the industry. Savers are protected up to £85,000 if their bank or building society goes out of business.
Find out moreAs a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.
You can manage your savings on the go, through our app or website, by opening an online account. To manage your savings in person please book an appointment at your nearest branch.
Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.
