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Saffron Building Society 1 Year Fixed Rate Maturity Bond

Saffron Building Society  1 Year Fixed Rate Maturity Bond
Branch access Online account Minimum saving amount Maximum saving amount Interest paid
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
Yes No £1 £500,000 Monthly

Saffron Building Society customer satisfaction scorecard:

How do we work this out?
Clarity of statement Interest rate information Regular contact Customer service Overall customer score
n/a n/a n/a n/a

Not rated

n/a = sample size is too small.

We have not been able to rate this provider as our customer satisfaction survey didn't generate a big enough sample of its customers but we aim to rate as many providers as possible


Minimum age 16
Maximum age N/A
Minimum saving amount £1
Maximum saving amount £500,000
Minimum initial deposit £500
Restricted locations note N/A
Existing customer note To qualify as an existing customer to open this account, you need to have held a savings or mortgage account with the Society for at least six months.

Account details

Account type Fixed Term
Immediate access No
ISA transfers allowed No
Minimum regular monthly deposit N/A
Maximum regular monthly deposit N/A
Withdrawals note If you close your account before maturity, your account will be subject to an interest penalty equivalent to 180 days’ interest. Where the account has not accrued 180 days’ interest, the interest penalty will be deducted from the capital balance.
Notice period N/A
Fixed term 365 days
Account fee £0
Account fee charged N/A
Part of FSCS Yes
FSCS note The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). Under the UK Scheme if you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your £85,000 protection is across all the companies sharing the licence, not each individual company.
Rate guaranteed N/A

Interest rates

Interest paid Monthly
Interest paid type Paid Away or Compound
Bonus type N/A
Introductory bonus note N/A
Conditional bonus note N/A
From (£) To (£) AER including bonus (%) Bonus rate (%) AER excluding bonus (%) Interest type
£1 £499 0.05% 0.0% 0.05% Fixed
£500 £500,000 1.25% 0.0% 1.25% Fixed