Savings

Want an attractive fixed rate this summer?

Please note: This Members 1 year summer bond will be withdrawn from our website at 5pm on Thursday 28 August 2008. A new product will be available from Friday 29 August 2008.

If you wish to apply, download an application form, post it to us today or take it into your local branch before it closes on Thursday.

• Attractive fixed interest rate – exclusively for Britannia customers who have been members throughout the 6 months prior to the account being opened and have new funds to invest
• Choose annual or monthly interest. Annual interest will be paid into this account at the end of the term; monthly interest will be paid into another Britannia or bank account of your choice
• Choose to save between a minimum of £1,000 and maximum of £1,000,000
• Make no withdrawals until your account matures
• You are not permitted to open your bond with money which comes from an existing Britannia account or bond
• Your account matures in a year and your investment is then transferred to a Matured Bond instant access account which will pay interest at the same rate as the tiered variable rate Members' Maturity Saver (or equivalent)
• Can be opened as a joint account. At least one of the account holders must have been a Britannia member throughout the 6 months before the account is opened
• No additional investments permitted during the term of the product.

	Annual Interest

	Minimum Balance		AER*		Gross*		Net*
	£1000		6.90%		6.90%		5.52%

		The above fixed rates apply to the bond launched on the 11 August 2008 and are fixed throughout the 1 year term.

	Monthly Interest

	Minimum Balance		AER*		Gross*		Net*
	£1000		6.86%		6.65%		5.32%

		The above fixed rates apply to the bond launched on the 11 August 2008 and are fixed throughout the 1 year term.

Our Bonds are limited issue and may be withdrawn at any time, so please act quickly to avoid disappointment.

*For an explanation of terms used such as AER, Gross and Net, please see our glossary.

Membership Reward After the initial qualifying period, we show our appreciation with our Membership Reward; currently an annual cash payment of up to a possible £500, subject to scheme rules and tenure.
Use our Membership Reward Calculator to see how much reward you could be earning.

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