2-Year Guaranteed Investment Bond
Two years of certainty, one smart savings choice.
FSCS Protected
100%
Invest with confidence: Guaranteed growth for 2 years
The Guaranteed Investment Bond is a 2-Year fixed-rate bond where you deposit a lump sum for a fixed two-year term and earn a guaranteed interest rate for the entire period. The fixed interest rate provides certainty about your returns, protecting your savings from fluctuations in the Bank of England base rate. This type of account is suitable for those looking for a higher, predictable return over a specific period of time.
A 2-Year fixed-rate bond suits savers with a lump sum who can lock their money away for the full term and want a predictable return at a set interest rate, regardless of market changes. It’s ideal for those who don’t need instant access and want to protect against rate drops.
2-Year fixed rate bond benefits:
- Guaranteed interest rate: The interest rate is fixed for the entire two-year term, so you know exactly how much you’ll earn.
- Higher returns: Typically offers a higher interest rate compared to easy-access savings accounts or ISAs.
- Financial certainty: Provides peace of mind by protecting your savings from interest rate drops during the term.
- Safe and secure: Savings are protected by the Financial Services Compensation Scheme (FSCS).
- Simple and predictable: Easy to plan your finances as you know the maturity date and total return in advance.
A 2-Year fixed rate bond is a savings account where you deposit a lump sum for a fixed period of two years. In return, your money earns a guaranteed interest rate that does not change, regardless of what happens to market rates.
At a glance
Invest between £5,000 - £250,000 per bond
Fixed 2-Year term
4.10% per annum offering 8.37% return over the full term
2nd Life available (optional)
Early withdrawal available (reduced return)
100% covered by the Financial Services Compensation Scheme (FSCS) (no upper limit)
Available for UK Residents aged 18+ only
Lock in a competitive rate
Protect your returns from market fluctuations.
Enjoy peace of mind
Keep your savings secure with 100% FSCS protection.
Grow your long-term savings
Deposit a lump sum and let it grow with no ongoing management.
Please review the document below to confirm that the 2-Year Guaranteed Investment Bond is suitable for you.
When selecting a fixed-rate savings product, it’s important to match the term length to your goals. A 2-year fixed-rate bond is ideal for medium-term savings, provided you’re certain you won’t need access to your money during that period. For those willing to commit for longer, fixed-rate bonds of up to five years are available.
The product is designed to run until maturity. However, Unity Mutual understands things can change, and as such, unlike other providers, we will allow you to close and withdraw your investment with a reduced return.
You cannot hold a bond jointly, but you do have the option to add a 2nd Life to the Bond. This means that in the event of your death, the Bond will automatically transfer to the nominated adult.
- Both the investor and the nominated 2nd Life must be 18 years+.
- If you wish to add a second person to your Guaranteed Investment Bond, you will need to provide their details during the application process.
- It is not possible to add a 2nd Life after the application has been processed.
The growth on your investment is added to your investment after the fixed term is completed. On opening your Guaranteed Investment Bond, you will be issued with a ‘Certificate of Investment’. This serves as proof of your investment and will include details including investment amount, interest rate and maturity date. This can be useful for your tax reporting and financial planning. Please contact our customer service if you need a new copy.
There are no charges or fees for opening or managing your Bond. All costs are already included in the Bond’s terms and benefits.
Need to speak to someone about our investment bonds?
Our friendly customer service team is available to discuss any questions.
Or email insure@unitymutual.co.uk
If you need financial advice
If you're unsure whether a product is right for you, it's worth speaking to an Independent Financial Advisor (IFA).
You can find a local advisor at unbiased.co.uk. Keep in mind that financial advice may come with a fee, so be sure to ask about costs before receiving advice.
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