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Fixed rate savings account
4.41% gross p.a./AER
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1 year fixed rate bond

Our 1 Year Fixed Rate Bond is fixed until 14th February 2026 and can be opened in any of our branches with a minimum of £500. This is a limited issue, branch based account which could be withdrawn at any time.

  • NEW: The interest you earn can now be paid into this or another suitable account of your choice.
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Account name

1 Year Fixed Rate Bond 344.

What is the interest rate and is it fixed?

Annual interest is 4.41% gross p.a./AER* and is fixed until 14/02/2026. The interest on this account is fixed, which means the rate can’t be changed during the fixed period.

How much can I save in this account?

You will need £500 to open an account and the balance must not fall below that amount. You can invest as much as you like up to £750,000 while the account is available. Once the account is withdrawn you won't be able to pay any more into your account.

Can I withdraw money?

You can withdraw funds from 15/02/2026 once the account has matured.

How can I open an account?

There are no age restrictions to open this account. For individuals under the age of 7, the account must be held in trust. Call your local branch and speak to an adviser who can book an appointment for you.

Will I be taxed on the interest?

We will pay your interest without tax taken off into this or another suitable account of your choice. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information please contact HMRC.

Are my savings protected?

Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

Additional information

This account may be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our savings terms and conditions here.
See more fixed rate accounts

Current interest rates from 06 Nov 2024

Balance Gross p.a/AER*
£500 - £750,000 4.41%

Good to know

Your savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the government and is funded by the industry. Savers could get up to £85,000 if their bank or building society goes out of business.

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Open a savings account today

To open one of our savings accounts call your nearest building society branch to book an appointment.

Find your nearest branch

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

Read more about us

How do I open an account?

To open this savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.

Call your nearest branch

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.

Savings FAQs