18-Month Business Fixed-Rate Saver
More time, more impact, more return.
The 18-month savings bond is a great choice for businesses ready to commit a little longer for a higher return.
The rate is fixed for the full term, so you’ll know exactly what you’ll earn, and your savings will be helping gospel mission projects grow in the meantime.
Account information
| Interest rate | 2.75% (under £50,000), 3.00% (over £50,000) Gross/AER |
|---|---|
| Interest accrual | Interest accrues on the daily balance at the above rate. Interest is compounded to the account on each anniversary and/or at the maturity date. |
| Deposit method | Online banking, card payment, standing order, or post. |
| Minimum balance | £2,000 minimum balance |
| Withdrawal notice period | N/A |
| Withdrawal Terms/Number of withdrawals allowed | No withdrawals permitted during the fixed term. |
| Withdrawal destination | Pre-nominated bank account in the same name as the account holder. |
|
Interest illustration This assumes that you do not withdraw any money and that interest is paid into this account. It also assumes the interest rate stays the same and no additional money is added. |
If you deposit £2,000 when you open the account, the balance after 12 months will be £2,055. If you deposit £50,000 when you open the account, the balance after 12 months will be £51,500. |
£ 122.2 million
Saved with us in 2024.
Protected savings with a purpose
With FSCS protection and full FCA and PRA regulation, your savings are safe with us. Our interest rates ensure you earn predictable returns and, as a Christian bank, we ensure your savings are invested in gospel causes.
Ethical investment in Christian mission
We only invest in Christian causes with gospel purpose. From church building projects to property purchases, your savings support gospel growth. And, when you need them, we’ll return your savings with interest.
Personalised and friendly support
Say goodbye to frustrating call waiting times. Our friendly staff are passionate about helping you put your savings to work for the gospel. We’ll guide you through your savings options and help you set up your first deposit.
Ready to apply?
Download an application form to start saving with purpose and join us in growing God's Kingdom.
Important documents
We would recommend you familiarise yourself with these documents.
18-Month Business Fixed-Rate Saver
Frequently asked questions
No, we are not able to change the interest rate mid-term.
Information can be requested on the phone, but all instructions must be sent to us in the post.
We will contact you before your Bond matures to offer you a range of options including re-investment and withdrawal options.
All instructions should be authorised by the correct number of signatories in accordance with the latest mandate.
No deposits or withdrawals are permitted during the term of the deposit.
All withdrawals must be made to an account in the same name. We will not permit a withdrawal to a third party by any method.
No charges apply to this account (except for those referred to in our Terms and Conditions, where we permit early withdrawal at our discretion with charges on transfer before maturity).
Yes. Kingdom Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
All eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per organisation.
Explore our other
Business Savings Bonds
6-Month Business Fixed-Rate Saver
2.05% (under £50,000), 2.10% (over £50,000) Gross/AER
This 6-month savings bond is ideal for businesses who want to put aside funds for a shorter period while still earning a fixed return.
12-Month Business Fixed-Rate Saver
2.50% (under £50,000), 2.75% (over £50,000) Gross/AER
The 12-month savings bond is ideal for businesses looking to put money aside for a short, defined period with a guaranteed return.
24-Month Business Fixed-Rate Saver
3.00% (under £50,000), 3.25% (over £50,000) Gross/AER
Our 24-month savings bond offers our higher return for businesses willing to commit for longer.