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Updates to our Privacy Policies

We have now updated our privacy policies. To read how these may affect you, please click here. You can also view our Cookies policy.

Annual Statements

We are aiming to have all annual statements delivered to you by the mid of June. If you have any other query or would like to speak to a member of Customer Services, please contact us.


About bonds

Bonds are designed to hold your money and to grow it at a particular rate of interest while you don’t need access to it. By putting away your money for a fixed 1 year or 2 year term, you usually gain a greater rate of interest than when you have more access to your funds.

Fixed rate bonds mean that you have the security of knowing exactly how much you will earn, whilst variable rate bonds mean that you may earn more or less, depending on the Bank of England base rate.

The Personal Savings Allowance means that, unlike in the past, most people won’t pay any tax on the interest they earn from their savings bond, depending on how much interest you earn and your income tax bracket.