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2-Year Flexible Bond
Earn a fixed rate of interest on your money
If you bank with us, you could open an account online in minutes.
Simply login or register for online banking
If you don't yet bank with us or prefer to talk, give us a call on 0345 744 54454 or visit your nearest branch.
Set your money aside for a fixed return, knowing you can still access some of it if you need to.
- Earn 0.90% gross p.a./AER1 for balances of £1 to £1 million
- Up to 3 free withdrawals online, in branch or over the phone2 – each up to 10% of your initial deposit3
- You can open this account with as little as £1
Summary box
Account name
2-Year Flexible Bond - Issue 40.
What is the interest rate?
Interest rates for balances of £1+, effective from 4 December 2018.
|
Interest option |
Monthly |
Annual |
End of term |
AER % |
|---|---|---|---|---|
|
2-year term |
0.90 |
0.90 |
0.90 |
0.90 |
Monthly, annual and end of term interest payment options are available – monthly and annual interest will be paid into your Barclays account (this must be in the name of one or more bond holders) or will be paid to you by cheque.
If you choose end of term interest, you’ll 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.
Can Barclays change the interest rate?
No, the interest rates are fixed for the 2-year term of the bond.
What would the estimated balance be at the end of the term based on a £1,000 deposit?
|
Deposit amount |
Monthly |
Annual |
End of term |
|---|---|---|---|
|
£1,000 |
£1,018.00 |
£1,018.00 |
£1,018.08 |
How do I open and manage my account?
You can open an account online, in branch or over the phone. Please see the ‘How to apply’ section below for more details.
You can open this bond with £1 – the maximum balance is £1 million.
Eligibility
To apply for our 2-Year Flexible Bond - Issue 40, you must
- Be aged 18 or above
- Be resident in the UK for tax purposes
Can I withdraw money?
Yes, you can make 3 withdrawals during the term of the bond. The maximum value per withdrawal is 10% of your initial investment into the bond.
You can access your funds and manage your account in branch, or using Online Banking, Barclays Mobile Banking or Telephone Banking – provided you’re registered.
We’ll contact you again before your bond matures to find out what you’d like to do next.
Additional information
In accordance with UK tax legislation, from the 6 April 2016, 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 HMRC’s website. It’s your responsibility to ensure that any tax due on interest payments received is paid to the appropriate tax authority.
Our 2-Year Flexible Bond - Issue 40 is a strictly limited offer, and may be withdrawn at any time.
Additional deposits are not allowed at any time during the term of the bond, although a bond holder may acquire additional bonds subject to availability.
Terms and conditions
For additional information, download our 2-Year Flexible Bond - Issue 40 terms and conditions.
How to apply
There are different ways to apply, depending on whether or not you bank with us.
New to Barclays?
You can apply in branch with proof of ID and your address.
Register for Online Banking
Get quick and convenient access to your accounts.
More ways to save
If the 2-Year Flexible Bond - Issue 40 isn't what you’re looking for, we have other options for you to consider.
1-Year Fixed-Rate Bond
Make more of your money by locking it away
If you bank with us, you could open an account online in minutes.
Premier 2-Year Flexible Bond
An exclusive savings bond for you as a Premier customer.
Earn a fixed rate on your money with the flexibility to access some of it too.
Instant-access savings
You could make your money grow through our current range of savings accounts
Start saving with as little as £1 through our range of instant-access savings accounts.