2-Year Guaranteed Investment Bond

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.