Income Bonds

An easy access savings account that pays your interest monthly, direct to your bank.

Essentials at a glance

What's the interest rate?
1.15% gross/1.16% AER (until 23 November 2020)
0.01% gross/AER (from 24 November 2020)
Can you take money out?
Yes: no notice and no penalty
Will you pay tax?
Yes: tax on your gross interest
What's the min. to pay in?
£500
What's the max. to pay in?
£1 million per person

Great for you if …

  • You want your interest paid out every month
  • You want to add to your savings pot as you go
  • You need easy access to your money

Maybe not for you if …

  • You've got less than £500 to invest
  • You want a fixed rate of interest

Income Bond FAQs

Can't find what you're looking for?

Ready to apply?

Be sure to check our FAQs first, then we'll show you the Income Bonds summary box and customer agreement before you apply.