Fixed Rate Members Loyalty Bond Launched

24 March 2017

6 month members' bond

The Society is pleased to launch a new 6 Month Fixed Rate Members Bond which is available exclusively to existing members of Monmouthshire Building Society.

The Bond offers a fixed rate of interest, offering an attractive way to invest money which you do not require access to for a period of 6 months.

Key features:

  • Annual Interest Option - 0.80% AER/Gross per annum
  • Monthly Interest Option - 0.80% (0.80% AER)
  • Interest is calculated on a daily basis on the balance in the account and is fixed for 6 months
  • Annual interest is paid on maturity
  • Monthly Interest will be paid at the end of each month and must be transferred to a suitable bank or building society (or suitable Monmouthshire Building Society account)
  • The minimum investment for the 6 Month Fixed Rate Members Bond - Issue 1 is £1,000 for annual interest and £2,500 for monthly interest
  • The Maximum Investment is £500,000
Once you have opened your bond it is not possible for you to add any further funds.

No withdrawals or closure of the account is allowed until after the maturity date.

For more information and full terms and conditions, please click here.

The Society’s 6 Month Fixed Rate Members Bond - Issue 1 is only available to existing customers of Monmouthshire Building Society.

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