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3 Year Fixed Rate Business, Trust and Charity Bond

1.75% Gross/AER Fixed

A fixed rate account means you’ll always know where you stand. Ideal if you want a guaranteed return on your investment as we can tell you exactly what you’ll get each year.

Facts

1.75%
Gross/AER fixed
Invest between
£10,000 & £5,000,000
No
Withdrawals

Key features

Speak directly to our UK team
Simple application process
We accept applications from Sole Traders, Partnerships, Limited Companies, Limited Liability Partnerships, Charities, Societies, Clubs, Associations, Trusts and Parish Councils

Key Features

Speak directly to our UK team
Simple application process
We accept applications from Sole Traders, Partnerships, Limited Companies, Limited Liability Partnerships, Charities, Societies, Clubs, Associations, Trusts and Parish Councils

Detail

Summary box

Account Name

3 Year Fixed Rate Business Trust and Charity Bond Issue 7

What is the interest rate?

Where the balance on the account is £10,000 or more, the interest rate will be 1.75% Gross/AER fixed.

  • Interest is paid annually. We calculate interest daily and add it to the account on the anniversary of opening, and on maturity.
Can Cambridge & Counties Bank change the interest rate?

The rate will remain fixed from when the account is opened until the end of the term.

What would the estimated balance be after 36 months based on a £10,000 deposit?

£10,534.24 after 36 months.

This figure is based on a £10,000 deposit, and all conditions of the account being met.

How do I open and manage my account?

Open

  • A minimum deposit of £10,000 must be made, with a maximum of £5m (£7.5m per entity overall with Cambridge & Counties Bank).
  • The deposit must come from the organisations nominated current account from a UK based Bank or Building Society by cheque or transfer.
  • It’s easy to apply using our application form which is available on our website, or call us on 0344 225 3939 and we can send you one.
  • We accept applications from Sole Traders, Partnerships, Limited Companies, Limited Liability Partnerships, Charities, Societies, Clubs,
    Associations, Trusts and Parish Councils who are based/incorporated in the UK and where they and any related organisations (e.g. parent companies) are liable to pay tax in the UK only.
  • Our accounts are available to persons who are liable to pay tax in the UK only. We are not able to offer accounts to persons who may be liable to pay tax in other jurisdictions.

Manage

  • You can manage the account via our online account access facility, or by post.
Can I withdraw money?

You cannot make withdrawals or close the account before the end of the term of the bond.

We will contact you via post 14 days before maturity to let you know the options available to you.

Transferred or reinvested funds to another Cambridge & Counties Bank account or returned funds to your nominated current account will be available on the maturity date. At the end of the term, if we don’t receive any instructions, the account will become an Easy Access account and the rate will reduce to a nominal, variable interest rate. You can then transfer funds to the nominated current account or to another of our accounts.

Additional Information
  • The account Terms & Conditions contains the important information regarding this account. This document can be found on our website, ccbank.co.uk/frbt&c 
  • AER (Annual Equivalent Rate) illustrates what the interest rate would be if the interest was paid and compounded once each year.
  • Interest is paid gross. It is your responsibility to pay any tax that may be owed to HMRC.
  • Accounts can be closed within 14 days of opening for micro-enterprises or charities with an annual income of less than £1m.

Apply

To apply download our
application form

Download
Terms & conditions

Application forms can be completed either by hand or electronically, please read through the page titled ‘e-Application Form’ before starting. The completed form should be sent to:

Savings Account Opening

Cambridge & Counties Bank

Charnwood Court

5B New Walk

Leicester

LE1 6TE

Due to changes in regulations we may need to ask you for additional information to open your account. If we do, we will contact you once we’ve reviewed your application.

You do not need to send any identification documents with your application at this stage as we use an electronic identification process.  If we are unable to verify the identity of any of the account parties, we will be in touch to confirm the additional documents we need. Please find our Privacy Notice here.