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.
4.5%
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 30/04/2025 . This product may be withdrawn at any time.

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Key features

  • No withdrawals until maturity
  • £1,000 minimum balance
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Account Name

Fixed Rate Bond until 30 April 2025. 

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 12 March 2024:

£1,000 plus - 4.50% gross / AER fixed until 30 April 2025.

Interest is calculated daily and paid annually on 31 December, and again at maturity (on 30 April 2025).

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 be changed before the 30 April 2025.

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 based on a deposit of £1,000 with an interest rate of 4.50% gross / AER (fixed) would be £1,051.70.

This estimation is an example only and assumes:

  • the account is opened on 12 March 2024; 
  • there are no additional deposits or withdrawals made; 
  • interest is paid gross and added to the account on 31 December and again at maturity (on 30 April 2025); and
  • there is no change to the interest rate.

This estimation is only an example and does not take into account any individuals circumstances. 

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

How do I open and manage my account?

You can open an account at any of our branches without an appointment or, through the post by sending us a completed application form with a cheque payable to yourself for your initial deposit. Application forms can be posted to you on request, collected in branch, or printed from our website

The account is available for anyone aged 16 or over. Joint accounts can be opened.

The minimum amount to open this account is £1,000. The maximum amount that can be held in this account is £250,000. Opening balances made by electronic payment must be sent within 14 days of opening your account, or the account will be automatically closed. 

You can add money to your account within 14 days from opening. After this, you cannot add money to your account until 1 May 2025. 

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

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

Can I withdraw money?

No withdrawals, including closure of the account and withdrawal of any interest, are allowed until after maturity on 30 April 2025. 

We will contact you at least 14 days before 30 April 2025 to give your options for maturity. If we don't hear back from you before 30 April 2025, we will automatically rollover your account to another one in our range, which could include another fixed rate account. If you choose any other option, this will be processed on the next working day after 30 April 2025. 

Please be aware, for all fixed rate bond accounts held in joint names, both account holders are required to sign for any future maturity declarations. 

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

Additional information

Interest is paid without tax deducted.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which is more suited to your personal needs. Please, speak to a member of the team for other product information. 

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: 12 March 2024

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

Account name

Fixed Rate Bond to 30 April 2025 (Mobile App Account)

When you're ready to open your account, simply visit the Tipton App to find out more.

What is the interest rate?

The fixed rate below applies from 12 March 2024:

£1,000 plus - 4.50% gross / AER fixed until 30 April 2025.

Interest is calculated daily and paid annually on 31 December, and again at maturity (30 April 2025). 

When you're ready to open an account you'll need to download the Tipton app.

Can Tipton & Coseley Building Society change the interest rate?

The interest rate on your account is fixed, and won't be changed before 30 April 2025.

When you're ready to open an account you'll need to download the Tipton app.

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 based on a deposit of £1,000 with an interest rate of 4.50% gross/ AER (fixed) would be £1,051.70.

This estimation is an example only and assumes:

  • the account is opened on 12 March 2024; 
  • there are no additional deposits or withdrawals made; 
  • interest is paid gross and added to the account on 31 December and again at maturity (on 30 April 2025); and
  • there is no change to the interest rate.

This estimation is only an example and does not take into account any individual circumstances. 

When you're ready to open an account you'll need to download the Tipton app.

How do I open and manage my account?

You can open the account via the Tipton App only, available in the Google Play Store and Apple Store. 

To open and operate your account with the Tipton App, you will need to choose a bank account as your nominated bank account. This means all deposits into your fixed rate bond must come from this nominated account. All withdrawals must also be sent to this nominated account. 

The account is available for anyone aged 18 or over. Joint accounts cannot be opened. 

The minimum amount to open this account is £1,000. The maximum amount that can be held in this account is £100,000. Opening balances must be made by electronic payment from your nominated bank account, and must be sent within 14 days of opening your account, or the account will automatically be closed. 

You can add money to your account within 14 days from opening. After this, you cannot add money to your account until 1 May 2025. 

When you're ready to open an account you'll need to download the Tipton app.

Can I withdraw money?

No withdrawals, including closure of the account and withdrawal of any interest, are allowed until after maturity on 30 April 2025.

At maturity, cash or cheque withdrawals are not allowed. Withdrawals must be made by electronic transfer to your nominated account only. 

We will contact you by email at least 14 days before 30 April 2025, to give your options for maturity. If we don't hear back from you before 30 April 2025, we will automatically rollover your account to another one in our range, which could include another fixed rate account. If you choose any other option, this will be processed on the next working day after 30 April 2025. 

When you're ready to open an account you'll need to download the Tipton app.

Additional information

Interest is paid without tax deducted.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which is more suited to your personal needs. Please, speak to a member of the team for other product information. 

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: 12 March 2024

When you're ready to open an account you'll need to download the Tipton app.

Ready to apply?

How would you like to apply?

How would you like to apply?

On our app

Apply via our app

By Post

Apply by post

In Branch

Apply at one of our branches

Find a branch

Open account by post

Open account on our app

Open account online

Account Summary

Account name Fixed Rate Bond until 30.04.25
Gross/AER 4.5%
Notice for withdrawals no access
Age restriction 16 years and over

Things to know...

  • No withdrawals until maturity
  • £1,000 minimum balance

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

Either scan the QR code below or download the app to create your new account instantly.

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

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 Financial Services Compensation 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.

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


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