Invest in your future with a 1 Year Fixed Rate Bond Monthly. This account is designed for savers who don't need immediate access to their funds, offering a secure, fixed return over the term. With this branch-based savings account which pays your interest monthly, you can 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. Monthly interest will be transferred to another account that you have with us or to a third-party building society/bank account (your instructions will be taken as part of the application). Monthly interest must be paid into a different account if you want to be able to withdraw it.
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 This is a limited issue account which could be withdrawn at any time.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.
To open one of our savings accounts call your nearest building society branch to book an appointment.
Your 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.
