FSCS protection
Covered up to Up to £120,000 per person if Paragon Bank fails.
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Fixed bond · United Kingdom
Paragon Bank
1 Year Fixed Rate Bond
4.20%
AER · fixed rate
- Min. Deposit
- £1,000
- Term
- 1 year
- Protection
- FSCS protection
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What £25,000 Earns You
At 4.20% AER over 1 year. Take the interest once a year, or leave it in to compound.
| You Deposit | £25,000 |
|---|---|
| Paid Once a Year | £1,050 |
| Total Interest | £1,050 |
| Balance at the End | £26,050 |
Each £1,050 interest payment is paid to you directly, and £1,050 is what they add up to over the term. The figure at the end is your initial investment of £25,000 paid back plus your final interest payment.
| You Deposit | £25,000 |
|---|---|
| Total Interest | £1,050 |
| Balance at the End | £26,050 |
No interest is paid out to you during the investment period, so your final return will include your initial investment of £25,000 plus £1,050 interest.
Where You Stand
Product Details
- Type
- Fixed bond
- Term
- 1 year
- How Interest Is Paid
- Once a year Left to compound
- Min. Deposit
- £1,000
- Protection
- FSCS protection
- Coverage
- Up to £120,000
- Region
- United Kingdom
Eligibility & Details
- UK only (FSCS).
- Issue-based fixed bonds.
Compare Canada is a comparison site, not a financial adviser. Figures use a £25,000 example at 4.20% over 1 year, compounded annually where shown. Confirm all terms with Paragon Bank before you commit.
4.20%
AER fixed
Check availability