Account name
Business Two Year Fixed Rate Bond Issue 4
What is the interest rate? AER*
4.20% annual interest rate on balances £1,000+
Interest is paid annually on the anniversary of account opening
(*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 at the end of the term, 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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