An account that gives you the peace of mind that your rate can't change for a set period of time.

gross/AER
Gross means the contractual rate of interest payable. AER stands for the annual equivalent rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
1.4%
notice for withdrawals
Some of our accounts require you to give notice before you can withdraw money from your account. Further details on the withdrawal restrictions that apply to the account can be found in the section titled - 'Can I withdraw money?' - in the Summary box.
no access
age restriction
Minimum or maximum age you must be to open this account.
16 years and over

Fixed until 30/11/2026 . This product may be withdrawn at any time.

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Key features

  • No withdrawals until maturity
  • No additional deposits until maturity
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Summary box

Account name

Fixed Rate Bond until 30.11.26

When you're ready to open your account simply download and complete an application form.

What is the interest rate?

The fixed rate below applies from 1 October 2021:

£1,000 plus - 1.40% gross / AER fixed until 30 November 2026

Interest is calculated daily and paid annually on 31 December, and again on maturity.

When you're ready to open your account simply download and complete an application form.

Can Tipton & Coseley Building Society change the interest rate?

The interest rate on your account is fixed and won't change before the maturity date.

When you're ready to open your account simply download and complete an application form.

What would the estimated balance be at the end of the fixed rate term based on a £1,000 deposit?

The balance at the end of the fixed rate term on a deposit of £1,000 with an interest rate of 1.40% gross / AER (fixed) would be £1,074.56.

This estimation is an illustration only and assumes:

  • the account is opened on 1 October 2021; 
  • there are no additional deposits or withdrawals made; 
  • interest is paid back into the account;
  • the interest rate is fixed; and
  • interest is paid gross on 31 December and again on maturity.

When you're ready to open your account simply download and complete an application form.

How do I open and manage my account?

Only one account can be opened per customer. After your account is opened, no transactions can be made until maturity. Joint accounts can be opened. You must be aged 16 or over to open an account.

The minimum opening deposit is £1,000 and the maximum amount that can be deposited per customer is £250,000.

For opening deposits made by electronic payments, you must send your initial deposit within 10 working days, or the account will be automatically closed.

Accounts can be opened at any of our branch offices, no appointment is necessary. If you can't get to a branch you can open an account by post, send us your application form and a cheque for your opening deposit.

We can access credit reference agency databases which, in the majority of cases, allows us to prove your identity and address without needing paper-based identification. If we require further proof we'll let you know. Please click here to see our list of acceptable identification.

When you're ready to open your account simply download and complete an application form.

Can I withdraw money?

Withdrawals aren't allowed until the end of the fixed rate term. If you do not wish to rollover your account once it reaches its maturity date, you are able to withdraw the funds within 14 days.

We'll contact you at least 14 days before your fixed rate period ends to give you details of your maturity options. If we don't hear from you before maturity, we'll automatically rollover your account to another account from our savings range which may include a new Fixed Rate Savings account. When we write to you we'll give you details of the account we intend to automatically rollover your maturity balance to.

When you're ready to open your account simply download and complete an application form.

Additional information

Interest is paid gross (without tax deducted).

Interest rates explained:

  • Gross means the contractual rate of interest payable.
  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Issued date: 1 October 2021

When you're ready to open your account simply download and complete an application form.

 

Ready to apply?

How would you like to apply?

How would you like to apply?

In Branch

Apply at one of our branches

Find a branch

By Post

Apply by post

Open account by post

Open account on our app

Account Summary

Account name Fixed Rate Bond until 30.11.2026
gross/AER 1.4%
notice for withdrawals no access
age restriction 16 years and over

Things to know...

  • No withdrawals until maturity
  • No additional deposits until maturity

How to apply

You must print off the following document and post it to our head office:

Tipton & Coseley Building Society,
70 Owen Street,
Tipton,
West Midlands,
DY4 8HG

Download application form

Here to help you...

  • Open a new account
  • Discuss the best account for you
  • Help with your existing accounts
  • Answer any of your queries
Gayle, from our savings team is happy to help 0121 557 2551*
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Lets get started

If you're ready to open an account you'll need to download and complete an application form.

Please post your completed form to The Tipton & Coseley Building Society, 70 Owen Street, Tipton, West Midlands, DY4 8HG, and remember to include a cheque payable to yourself.

Alternatively, you can open an account at any of our branches.

Make sure you also read our Terms and Conditions for Savings Accounts leaflet and the Deposit Guarantee Scheme Information Sheet.

Have you still got some questions?

Our team are on hand to help if you have any queries.
Click here to contact us

All new savings customers must sign any future windfall rights to our Charitable Foundation.


Our savings customer say...

"Whenever I visit Tipton & Coseley I'm dealt with quickly, on a one to one basis making each visit convenient and ideal." Mrs Cooke
Savings customer read more

Our savings customer say...

"The staff are really friendly and welcoming and always ask how I am, I feel like I can have a chat with them." Mrs Thomson
Savings customer