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Flexible Savings Bond

Current interest rates

2 Year Flexible Bond – Issue 32 (effective from 7 March 2017)

 

Balance

Gross rate pa%

AER%

End of term

£1 to £1 million

0.65

0.65

Monthly

£1 to £1 million

0.65

0.65

 

End of term

Balance

£1 to £1 million

Gross rate pa%

0.65

AER%

0.65

 

Monthly

Balance

£1 to £1 million

Gross rate pa%

0.65

AER%

0.65

This product is available to open in branch, by phone and online. Please note that withdrawals may take the balance into the lower interest rate tier. You can also make withdrawals in branch, or using Telephone or Online Banking.

Mortgage offset:

No

Interest rate:

Rates are fixed for the term of the bond.

Gross:

The rate of interest payable without tax taken off.

Tax:

Interest is paid gross. If you’re a UK taxpayer, you may have to pay tax on interest earned in excess of your Personal Savings Allowance.

For information and guidance please refer to the HMRC website .

Please note, it’s your responsibility to ensure that any tax due on interest payments received is paid to the appropriate tax authority. If you choose end of term interest, you will receive all of your interest in one tax year. This means you could reach or exceed your Personal Savings Allowance more quickly in that tax year. Tax liability on interest applies in the tax year it is paid, which may be different to the tax year(s) in which interest has accrued.

AER:

Annual Equivalent Rate. This illustrates what the interest rate would be if interest was paid and compounded once each year.

Read the full terms and conditions 690 KB

These additional terms and conditions supplement and amend the general conditions of your Customer Agreement with us (Barclays Bank PLC).

Read important information about our interest rates, the Financial Services Compensation Scheme and your cancellation rights.