|Product Name||Minimum Balance||Interest Paid||Gross Interest %||AER %||Withdrawals|
|Fixed Rate Savings to 24 July 2020||£1,000+||Monthly||1.50||1.51||No withdrawals during fixed rate period|
|Fixed Rate Savings to 22 January 2022||£1,000+||Monthly||1.75||1.76||No withdrawals during fixed rate period|
|Fixed Rate Savings to 21 December 2023||£1,000+||Monthly||2.00||2.02||No withdrawals during fixed rate period|
Fixed returns on your savings, ideal if you are looking for a regular income. A savings account allows you to earn money on your savings in the form of interest. Saving for a longer period means that your money grows quicker because you don’t just earn interest on the money you originally save, you also earn interest on the interest – this is known as ‘compound interest’.
Our Fixed Rate Savings to 23 July 2021 account gives you a regular income through interest earnt, but no withdrawals are allowed during the fixed rate period. Interest, payable at the end of each month, can be added to the account, transferred to your bank account or transferred to an existing Melton savings account.
Take a look at our Handy Guide to making the most of your savings.
Here to help
Not sure which account is right for you? Get in touch and our experienced staff will be happy to talk you through your options and help find the best fixed rate savings account for you.
How safe are your savings?
You may be worried that if you tie your money up in a savings account, it won’t be protected. However, the Financial Services Compensation Scheme is an independent body that serves as a last resort to cover most deposits, including savings, up to the value of £85,000. So, if for some reason your bank or building society failed, your money is protected by the FSCS.
Call one of our friendly advisors on 01664 414141. Opening hours 9am to 6pm Monday to Friday and 9am to 12pm on Saturday.
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