Bank of Scotland Private Banking - 1 Year Fixed Rate Bond

Our 1 Year Fixed Rate Bond presents an excellent opportunity to earn an impressive 6.50% AER/gross p.a. fixed rate on opening deposits of over £50k.

This rate of  6.50% AER/gross p.a. is correct  at 19/08/08 and is subject to change. Other promotional rates may apply for limited periods.

For more information, including details of our current rates, or to apply, call 0870 129 9797.

Key Features

• Guaranteed rate for the full term of the bond.
• Term of one year starts on account opening - please ask for details of the maturity date.
• There's no maximum opening deposit, although deposits of £10 million or more are subject to approval by Bank of Scotland.
• No withdrawals or additional deposits allowed.
• Available to new and existing customers aged 18+ and resident in the UK.
• Interest calculated each day on the cleared balance in the bond and paid on maturity.
• Terms and conditions apply and are available on request.

Other terms and rates are available for lower deposits over £25K - ask for details.

AER = Annual Equivalent Rate and illustrates what the interest would be if it was paid and added each year. Gross = contractual rate of interest payable before deduction of income tax at rate specified by law (currently 20%).