What you need to decide
Do you have a 3-year 65+ Guaranteed Growth Bond coming up to the end of its term? You’ll need to decide what you want to do next.
We’ll write to you around 30 days before your Bond matures to explain your options in detail. You don’t need to do anything until you receive our pack.
Here’s a quick summary of what you can do at the end of the 3-year term:
Option 1: reinvest into our standard Guaranteed Growth Bond for 3 years
See below for the rate on offer. If you’re happy with this option and the new interest rate, you don’t need to do anything – we’ll arrange your reinvestment automatically. You’ll start earning the new rate when your existing Bond matures.
Option 2: reinvest into our standard Guaranteed Growth Bond for 1, 2 or 5 years
See below for the rates on offer.
Option 3: cash in your Bond
If you cash in all or part of your Bond, we'll pay the money directly into your nominated bank account after your Bond matures.
You can also split your investment by choosing two or more of the options.
If you choose Option 2, Option 3 or a mix of two or more of the options, you'll need to let us know no later than two working days before your Bond matures. Our pack will explain how you can give us your instructions.
Find out more
Download our 'It's time to decide' leaflet above to find out more about your three options and answers to some questions you may have.
Not heard from us?
Call us if you have any questions or you haven't heard from us by 30 days before your Bond matures. And don’t forget to tell us if you change your address or contact details.