Vanquis Bank Savings

6 Month Fixed Rate Bond

up to 1.35 % gross/AER*

  • Invest from £1,000 (up to a total of £85,000 for FSCS protection)
  • At maturity or monthly interest options
  • Sole or joint accounts
  • Subject to your own bank's payment limits, make your deposit with as little as one simple payment by bank transfer or cheque
Summary Box
Account Name
Vanquis Bank Savings - 6 Month Fixed Rate Bond
What is the interest rate?
At Maturity*/AER**

1.35 % (Fixed for 6 Months)

Interest is paid on: the date your account matures.
Monthly Gross*/ AER**

1.34 % or 1.35 % (Fixed for 6 Months)

Interest is paid on: the date of the month you initially funded your account.
Can Vanquis Bank Savings change the interest rate?
The interest rate for this account is fixed and will not change until the maturity date. Please refer to point 2 of the Product Special Conditions for further details.
What would the balance be on the maturity date (6 months from when you funded your account), based on a £1,000 deposit?
At Maturity (Fixed)

£ 1,006.75
Monthly (Fixed)

£ 1,006.75
Please note: This projection is based on an initial £1,000 deposit and no further deposits or withdrawals are made.
How do I open and manage my account?
Opening your account:
Online application. For existing customers you can also log in to your Vanquis Bank Savings account online.
Giving us instructions for your account:
Online, by post, by telephone or by secure message (for accounts opened and operated online)
Minimum Opening Deposit: £1,000
Maximum Opening Deposit: £250,000

Maximum Total Balance Per Customer: £250,000
Eligibility Criteria:
This account is only available to personal investors aged 18 years and over who are UK residents.
Can I withdraw money?
No withdrawals can be made during the term. When your account matures you can choose to: Reinvest in another Vanquis Bank Savings product, withdraw your funds, or reinvest part of your funds and withdraw the remainder.
Additional Information
Tax Status:
Interest will be paid gross* which means no tax is deducted. It is your responsibility to pay any tax due, based on your individual circumstances.

These bonds are a limited offer and may be withdrawn at any time. The interest rates we offer will vary from time to time, so it is important to keep a regular eye on the wider market because better rates may be available elsewhere.

Information provided in the Summary Box is a summary of the key features of the fixed rate bond account and is not intended to be a substitute for reading the terms and conditions that apply to the account.

*‘Gross' interest is the contractual rate of interest.
**‘AER' stands for the Annual Equivalent Rate, a notional rate which illustrates what the interest rate would be if paid and compounded on an annual basis.

FSCS Protected. Protecting your money. FSCS Protected. Protecting your money.