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Scottish Widows Bank Fixed Rate Bonds

If you have some funds that you wish to lock away in an investment for a predefined time frame you may be wondering if a Scottish Widows Bank fixed rate bond is the right choice for you.

Scottish Widow fixed rate bonds are currently unavailable however they do offer a ‘fixed term deposit account’ which still offers a fixed rate of interest, however instead of it accruing on your bond it gets paid into a different account you nominate.

Scottish Widows Bank fixed term deposit account feature:

• Choice of a 1 or 3 year investment

• Choice of interest being paid monthly, quarterly or annually

• Interest can be paid to another Scottish Widows Bank deposit account or an external bank account

held in your name.

• Minimum deposit of £5,000

• Maximum deposit of £5 million

• Can be opened by new or existing Scottish Widows Bank customers.

If you are considering a Scottish Widows fixed term deposit, then before you take one out you may wish to consider other options, as these kinds of investments require you to lock your funds away for a set period of time without access to them it is a good idea to shop around beforehand to try and find the plan that fits your requirements best.

You can use the comparison tables on this page to look at a range of fixed rate deposits and other types of investments from various providers to compare their different features.

For more information please visit: www.integral-am.com