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5 Year Fixed Rate Business, Trust and Charity Bond

2.50% 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

2.50%
Gross/AER fixed
Invest between
£10,000 & £500,000
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

5 Year Fixed Rate Business Trust and Charity Bond Issue 6

What is the interest rate?

Where the balance on the account is £10,000 or more, the interest rate will be 2.50% Gross/AER fixed.

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

The interest rate is fixed for the length of the term.

Once the bond has matured, there are circumstances in which Cambridge & Counties Bank has the right to change the interest rate. More information can be found in the terms and conditions, section 16.

What would the estimated balance be after 60 months based on a £10,000 deposit?

£11,314.84 after 60 months.

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

This assumes the full funds are cleared in your account on the day your account is opened.

How do I open and manage my account?

Open

  • You’ll need to make a minimum deposit of £10,000, the most you can deposit is £500,000 (£7.5m per entity overall with Cambridge & Counties Bank).
  • The deposit must come from your nominated business current account 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 UK based Sole Traders, Partnerships, Limited Companies, Limited Liability Partnerships, Charities, Societies, Clubs, Associations, Trusts and Parish Councils.
  • All account holders must be aged 18 or over, resident in the UK and only liable to pay tax in the UK.

Manage

  • You can manage your account via our online account access facility, or by post.
  • To contact us about your account, email [email protected] or call our team on 0344 225 3939 and speak to our UK-based team who will be available to take your calls between 9am-5pm Monday to Friday, excluding Bank Holidays.
Can I withdraw money?

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

We will typically contact you 14 days before maturity to let you know the options available to you. Transferred and returned funds will be available in your nominated business current account the following working day after maturity. Any reinvested funds will be available in your new Cambridge & Counties Bank account the following working day after maturity. At the end of the term, if we don’t receive any instructions from you, your account will become an Easy Access account and the rate will reduce to a nominal, variable interest rate. You will still be able to transfer funds to your nominated business 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/savings-help/ in the Useful Documents tab.
  • 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.

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 completing your application. The completed application form should be sent to:

Savings Account Opening

Cambridge & Counties Bank

Charnwood Court

5B New Walk

Leicester

LE1 6TE

 

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.