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18 months Fixed Rate Bond

macksmum · 2024-07-30 14:00:50

I put money in 2 x 18 months frb in July last year thinking they would end in January 2025. However I had notification from the BS they will end in Oct 2024! I don't understand why as it will only be 15 months after I opened my accounts. I checked with the BS and both the customer staff confirmed the date I opened them and…

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Olinda99 Posts: 2,042 Forumite

30 July 2024 at 5:43PM

a fixed rate bond has a maturity date stated in the terms and conditions when you first open it

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