Individual Savings Bonds
These accounts provide a choice of fixed-term savings periods, making them ideal for those who will not need access to the funds for either 6, 12, 24 or 36 months.
Explore this page to find out more about this account and how you can use your savings to support gospel work.
Individual Savings Bonds
Account Information
This savings account is available for all individuals.
- Interest rate: 1.95% - 2.95% 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.
- Available for balances between £2,000 and £2,500,000.
- Withdrawal notice period: No deposits or withdrawals allowed during term.
saved with us in 2023.
Submit an enquiry
Our friendly team are here to help. Whether you’re ready to open a savings account, or if you’ve got more questions, fill in this form and we’ll be in touch with you within two working days.
You can also call us on 0115 921 7260 to begin setting up your account.
Why choose Kingdom Bank?
Protected savings with a purpose
At Kingdom Bank, we prioritise your financial security. 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 are fully aligned with your values and operate with integrity and trust.
Rest assured, your money is in safe hands, allowing you to focus on what truly matters.
Register online today!
Your savings are more than just money – they’re a way of supporting gospel work in the UK and making a real difference in people’s lives.
Got a question?
We're here to help!
What is the interest rate?
The interest rate is a fixed rate as follows:
6-Month Savings Bond is 2.90% (under £50,000), 2.95% (over £50,000) Gross/AER.
12-Month Savings Bond is 2.45% (under £50,000), 2.50% (over £50,000) Gross/AER.
24-Month Savings Bond is 1.95% (under £50,000), 2.00% (over £50,000) Gross/AER.
36-Month Savings Bond is 1.95% (under £50,000), 2.00% (over £50,000) Gross/AER.
Interest is compounded to the account on each anniversary and/or at the maturity date.
Interest accrues on the daily balance of the account at the fixed rate notified to you on opening the account.
Can Kingdom Bank change the interest rate?
No, as this is a fixed rate product.
How do I manage my account?
You can view your account via online banking. To register for internet banking, click here and select the ‘Register’ button. Alternatively, information can be requested over the phone.
We will contact you before your Bond matures to offer you a range of options, including re-investment and withdrawal.
Can I withdraw money?
It is not possible to make a withdrawal during the term of the deposit.
At the end of this term, All withdrawals must be made to a UK account in the same name.
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).
What would the estimated balance be after 12 months?
| Amount deposited | ||
| Bond type | £2,000 | £50,000 |
| 6-Month* | £2,058 | £51,475 |
| 12-Month | £2,049 | £51,250 |
| 24-Month | £2,039 | £51,000 |
| 36-Month | £2,039 | £51,000 |
*Assumes the 6 month bond is reinvested for 6 further months to total 12 months.
This illustration is based on a 12-month term and assumes:
- You do not withdraw any money and interest is paid into this account.
- The interest rate stays the same.
- You do not add any more money.
Why choose Kingdom Bank?
Personalised and Friendly Support
Navigating your savings options can be challenging. Our friendly and knowledgeable account management team can guide you through our savings products, answer any questions you may have and help you set up your first deposit.
You won’t face frustrating call waiting times – just caring and efficient service designed to help you put your savings where your heart is.
Explore our other savings products
Personal Gospel Partner Account
An account that puts your money to work to help build God’s Kingdom.
90-Day Notice Deposit Account
With a longer notice period and higher rate of interest, our 90-Day Notice Deposit Account allows you to earn more whilst you save.
