Fixed Rate Issue 157

Our Fixed Rate Issue 157 account offers you a set amount of interest providing you don't need to withdraw during the set period of time. If you can put your money away until 30 November 2018 we'll pay you a fixed** rate of interest at 1.00% gross p.a./AER*.

Account details

  • Branch only savings offer


  • Limited issue – may be withdrawn at anytime


  • A fixed** return on your investment


  • £500 required to open an account


Summary table

Account name

Fixed Rate Issue 157

Interest rates (AERs)

Fixed** at 1.00% gross p.a./AER* to 30 November 2018

Tax status

We will pay your interest without tax taken off. 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

Conditions for bonus payments

No bonus payable

Withdrawal arrangements

No withdrawals allowed during the fixed rate period

Access

Branch

Additional information

There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point

You can view our full terms and conditions here


Want to discuss one of our savings products?

Visit a branch or call our customer service team to find out more about our accounts

Keep in touch

Our monthly newsletter is full of interesting information for our customers. As well as the latest news and events from your Society, it includes information about new products, competitions and money-saving tips.

Join us on Facebook

Get updated on our latest competitions and share your news with us.
  • Rates & account details
  • Managing your account
  • Opening an account

Your interest

We will pay your interest on 30 November each year until your account matures. It can be paid into your account, into another account with The Nottingham or to another bank or building society account.

Every year we’ll send you a statement telling you how much interest you’ve earned.

Paying money in


The minimum amount to open an account is £500. You can invest up to £750,000 whilst the account is still available.

Fixed rate accounts are only available for a limited period and once the account is withdrawn you won't be able to pay any more into your account.

Taking money out


As you won't be able to take any of your money out of the account until it matures on 30 November 2018, please make sure you won't need access to it before then.

What happens when the term ends?

Shortly before your account matures we will write to you with details of a replacement product if they are available. If we do not hear from you, we will transfer your balance to an account called Rollover Base Rate Tracker, or an alternative account we consider appropriate at the time.

How to open

To open an account you must:

  • Be a UK resident
  • Have £500 to open the account
  • Be over the age of 7. Any account opened by a customer under 7 must be opened in trust
  • Meet our ID requirements
This offer will only be around for a very limited time, so make sure you don't miss out.

Call your local branch and speak to one of our advisers and find out how you could benefit from a savings account.

Current interest rates from 6 July 2016

Balance Gross rate / AER* Net rate+
£500 - £750,000 1.00% 0.80%

*We will pay your interest without tax taken off. 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. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was re-invested in the account each year. Interest rates are variable unless otherwise stated.

**There’s no guarantee that the current difference between our fixed rates and general rates will continue. General interest rates may fall below or rise above the fixed rate.

+The net rate(s) shown assume(s) income tax at the lower rate of 20% has been taken off.

Home insurance

Are you getting the best cover for your home? Talk to us about home insurance and get an instant quote. 

Why choose us

Find your local branch

If you would like to find out more about our products then call in to your nearest branch and talk to us about how we can help you.

Find a branch

Financial planning

It's never too soon to start thinking about how you can protect your loved ones. Find out how financial advice can secure your family's future.

Promo