Account name
Two Year Fixed Rate Bond Issue 37
What is the interest rate? AER*
4.20% annual interest rate
Interest is paid annually on the anniversary of the account opening date.
(*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year)
Can Dudley Building Society change the interest rate?
The interest rate on this account is fixed for the two year term. The Society does not have the right to change this interest rate during the two year term.
What would the estimated balance be?
If you were to open this account with £1,000 and no further deposits or withdrawals were made, you would earn £42.00 interest each year. If you chose to have interest compounded, this would result in a total balance of £1,085.76. This is due to earning interest on your interest each year.
Please note this is an illustration only and does not reflect your specific circumstances.
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