Fixed Rate from Chetwood Bank
Protection
FSCS
Up to £120,000
Min balance
£1,000
Max balance
None
Access
No access until maturity
Interest paid
On maturity
You have 14 days to fully fund the account.
Please verify all details with the provider – for more info read our Disclaimer
Want to know how much interest you will receive with Chetwood Bank's 18 Month Fixed Rate Savings?
Estimated interest
£1,000 saved
£74.39
At 4.9% AER
£5,000 saved
£372
At 4.9% AER
£10,000 saved
£744
At 4.9% AER
£50,000 saved
£3,720
At 4.9% AER
Estimated over the 18-month term, assuming the rate stays the same and interest stays in the account. Amounts outside this account's minimum or maximum balance are left out.
Chetwood Bank's 18 Month Fixed Rate Savings pays 4.90% and suits anyone who can set aside at least £1,000 and genuinely has no need to touch it for the full eighteen months, since there is no access once the funding window closes and interest is only paid at maturity. If you want a slightly higher rate on the same term, Kent Reliance's 18 Month Fixed Rate Bond is in the data at 5.06%, so that is worth a look before you commit. The lock-in is the real consideration here: if your circumstances change, you have no route to your money early.
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